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Quixant PLC - Cambridge-based technology products provider for gaming and broadcast industries - Posts revenue of $119.9 million for 2022, up 38% from $87.1 million a year earlier. Revenue in its Gaming division jumps by 57% to $74.1 million from $47.3 million. Pretax profit is $8.8 million, up 80% from $4.9 million, as adjusted pretax profit jumps by 89% to $10.2 million from $5.4 million. Declares a dividend of 3.0 pence per share, up 25% from 2.4p a year prior. Looking ahead, notes positive trading momentum into 2023. Chief Executive Officer Jon Jayal says: ‘We delivered a strong financial performance during the year, with record revenues for the group significantly ahead of expectations at the start of the year, driven by double-digit revenue growth across both Quixant Gaming and Densitron.’ Current stock price: 186.80 pence each, up 6.1% on Tuesday morning in London 12-month change: up 27% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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