Business
essensys plc - Full Year Results
essensys plc - Full Year Results.
About this update from Essensys Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8554B\n essensys PLC\n 13 October 2020\n \n \n \n \n \n \n \n 13 October 2020\n \n \n \n \n \n essensys plc\n \n \n (\"essensys\" or the \"Group\")\n \n \n \n \n \n Full Year Results\n \n \n Resilient performance in line with expectations\n \n \n \n \n \n essensys plc (AIM:ESYS), the leading global provider of mission critical software-as-a-service (SaaS) platforms and on-demand cloud services to the flexible workspace industry, announces audited results for the year ended 31 July 2020.\n \n \n \n \n \n Financial summary:\n \n \n \n \n \n \n \n \n \n £m unless otherwise stated\n \n \n \n \n 2020\n \n \n \n \n 2019\n \n \n \n \n Change\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue\n \n \n \n \n 22.5\n \n \n \n \n 20.6\n \n \n \n \n +9%\n \n \n \n \n \n \n Recurring revenue\n \n \n \n \n 19.4\n \n \n \n \n 16.3\n \n \n \n \n +19%\n \n \n \n \n \n \n Run Rate Annual Recurring Revenue\n \n \n \n \n 19.7\n \n \n \n \n 17.3\n \n \n \n \n +14%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory profit / (loss) before tax\n \n \n \n \n 0.3\n \n \n \n \n (1.4)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted EBITDA\n \n \n \n \n 4.2\n \n \n \n \n 4.2\n \n \n \n \n +0%\n \n \n \n \n \n \n Adjusted EBITDA margin\n \n \n \n \n 19.1%\n \n \n \n \n 20.4%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Profit / (loss) per share (pence)\n \n \n \n \n 0.3p\n \n \n \n \n (3.7p)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Proposed Final Dividend per share (pence)\n \n \n \n \n Nil\n \n \n \n \n Nil\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net Cash\n \n \n \n \n 8.5\n \n \n \n \n 2.7\n \n \n \n \n \n \n \n \n \n \n \n \n Strengthened platform for long-term growth\n \n \n \n \n \n · \n US remains major growth driver - US recurring revenue +45%\n \n \n · \n Acceleration of flexible workspace opportunity as a result of Co...