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Elixirr International shares rise as eyes to beat market expectations

ALN

Elixirr International PLC on Tuesday said it anticipates to announce revenue and earnings that beat market expectations, with momentum continuing into the new year.

The London-based business consultancy said its expects to report 2024 revenue higher than £111 million, beating the market expectation which has a range of £108 million to £111 million, and up from £85.9 million in 2023.

It expects adjusted earnings before interest, tax, depreciation and amortisation of around £31 million for 2024, up 22% from £25.4 million in 2023.

Elixirr anticipates an adjusted Ebitda margin of around 28% for 2024, in the middle of the guidance range of 27% to 29% and down from 30% in 2023.

‘Momentum has continued into 2025 with record revenue for January,’ the firm said.

It expects to release 2024 results on April 28.

Elixirr shares rose 5.8% to 818.75 pence each on Tuesday morning in London.

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