Source - Alliance News

GetBusy PLC - Cambridge, England-based document management and productivity software provider - Confirms trading momentum of 2021 continued into first quarter, as annual recurring revenue reaches £17.0 million, up 19% year-on-year. Driven by ‘bouyant customer demand’ across established brands, as well monetisation initiatives and strong net revenue retention.

Company is ‘very confident’ of full-year expectations of revenue no less than £17.0 million, and adjusted earnings before interest, tax, depreciation and amortisation approaching breakeven.

Current stock price: 63.10 pence, up 4.3% on Thursday

12-month change: down 35%

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