Business
Final Results for the 12 Months ended 31 Dec.22
Final Results for the 12 Months ended 31 Dec.22.
About this update from Microlise Group Plc
[{"type":"text","content":"\n \n \n 30 March 2023\n \n \n \n \n \n \n MICROLISE GROUP PLC\n \n \n \n \n \n \n (\"Microlise\", \"the Company\" or \"the Group\")\n \n \n \n \n \n \n Final Results for the 12 Months ended 31 December 2022\n \n \n \n \n \n \n \n \n \n Strong organic ARR growth and cash generation\n \n \n \n \n \n \n \n \n Microlise Group plc (AIM: SAAS), a leading provider of transport management software to fleet operators, announces its results for the 12 months ended 31 December 2022.\n \n \n \n \n \n \n Financial Overview\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Calendar Year Results (1)\n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory Results\n(Audited)\n \n \n \n \n \n \n \n \n Audited 12 months\nDec-22\n \n \n \n \n \n \n Unaudited 12 months\nDec-21 (1)\n \n \n \n \n \n \n Change\n(12 months)\n%\n \n \n \n \n \n \n FY21\n18-months\nto Dec-21\n \n \n \n \n \n \n \n \n Financial\n \n \n \n \n \n \n Revenue\n \n \n \n \n \n \n 63.2\n \n \n \n \n \n \n 60.3\n \n \n \n \n \n \n 5%\n \n \n \n \n \n \n 88.2\n \n \n \n \n \n \n \n \n Recurring Revenue\n \n \n \n \n \n \n 40.5\n \n \n \n \n \n \n 36.7\n \n \n \n \n \n \n 10%\n \n \n \n \n \n \n 54.0\n \n \n \n \n \n \n \n \n Gross Profit\n \n \n \n \n \n \n 37.6\n \n \n \n \n \n \n 34.5\n \n \n \n \n \n \n 9%\n \n \n \n \n \n \n 50.5\n \n \n \n \n \n \n \n \n Gross Profit Margin %\n \n \n \n \n \n \n 60%\n \n \n \n \n \n \n 57%\n \n \n \n \n \n \n 3%\n \n \n \n \n \n \n 57%\n \n \n \n \n \n \n \n \n Adjusted EBITDA (2)\n \n \n \n \n \n \n 8.2\n \n \n \n \n \n \n 7.8\n \n \n \n \n \n \n 6%\n \n \n \n \n \n \n 11.4\n \n \n \n \n \n \n \n \n Adjusted EBITDA %\n \n \n \n \n \n \n 13%\n \n \n \n \n \n \n 13%\n \n \n \n \n \n \n -\n \n \n \n \n \n \n 13%\n \n \n \n \n \n \n \n \n Adjusted Profit/(loss) before tax (3)\n \n \n \n \n \n \n 2.7\n \n \n \n \n \n \n 2.6\n \n \n \n \n \n \n 3%\n \n \n \n \n \n \n 3.4\n \n \n \n \n \n \n \n \n Profit/(loss) before tax\n \n \n \n \n \n \n 1.4\n \n \n \n \n \n \n (0.8)\n \n \n \n \n \n \n 280%\n \n \n \n \n \n \n (0.0)\n \n \n \n \n \n \n \n \n Cash and cash equivalents\n \n \n \n \n \n \n 16.7\n \n \n \n \n \n \n 13.2\n \n \n \n \n \n \n 27%\n \n \n \n \n \n \n 13.2\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 Non Financial\n \n \n \n \n ...