|
AdvancedAdvT Ltd on Wednesday said it expects to report annual results ahead of a year prior and above consensus. For the year to February 28, the London-based software provider for business solutions, compliance, and human capital management said it will report revenue of about £53 million, ahead of the market consensus of £52.5 million and up 22% from £43.3 million the previous year. It is to report adjusted earnings before interest, tax, depreciation, and amortisation of £14.4 million, ahead of the £13.7 million consensus forecast and 27% higher than the previous year’s £11.3 million. The Ebitda margin will be above 27% ‘reflecting continued delivery of operational improvements across the portfolio’. The company added that both its divisions showed ‘excellent’ customer retention. AdvancedAdvT’s Executive Chair Vin Murria said: ‘Our systems of record are deeply embedded in regulated, mission-critical workflows across the public and private sectors. While artificial intelligence introduces both opportunities and risks across the software industry, in our markets it acts as an amplifier of our platform value rather than a disruptive threat; enhancing productivity for our customers, expanding our addressable market, and increasing the importance of trusted, compliant software.’ AdvancedAdvT shares were up 4.9% to 157.30 pence each on Wednesday at midday in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
