Netcall sees double-digit growth in revenue, earnings
Source - SMW
Customer engagement software provider Netcall said its trading in the first half was in line with management expectations, with significant double-digit growth achieved in both revenue and adjusted Ebitda.
Progress was underpinned by underlying organic growth and a maiden contribution from MatsSoft, a cloud-based low code software company acquired by Netcall in August.
'We are seeing positive effects of the MatsSoft acquisition, which is resulting in significant market interest and has delivered cross sales and new customer acquisitions,' chief executive Henrik Bang, said.
'We also continue to capitalise on the rapidly growing cloud market. As a result, the group's recurring revenue profile continues to build, which combined with a strong sales pipeline and a significant market opportunity, leaves the board confident in a successful year as a whole.'