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IN BRIEF: GetBusy adjusted earnings to grow sharply in 2024

ALN

GetBusy PLC - Cambridge, England-based document management and productivity software provider - Hails ‘strong progress’ in 2024, as it eyes a jump of over 40% in adjusted earnings before interest, tax, depreciation and amortisation. In 2023, adjusted Ebitda was £1.1 million. Total revenue was up 3% at constant currency to £21.4 million. For 2023, GetBusy had reported total revenue of £21.1 million. Looking ahead, GetBusy says: ‘The path to creating material cash returns for shareholders over the next few years is clearer and, we believe, more achievable than ever, strengthened by recent industry-related transactions in the market. The board has a high degree of confidence in the successful execution of its strategy.’

GetBusy will release 2024 results on or around March 25.

Current stock price: 55.90 pence each, up 3.5% on Thursday afternoon in London

12-month change: down 20%

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