Business
FINAL RESULTS FOR THE YEAR ENDED 30 NOVEMBER 2021
FINAL RESULTS FOR THE YEAR ENDED 30 NOVEMBER 2021.
About this update from Pulsar Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1273J\n Access Intelligence PLC\n 25 April 2022\n \n \n \n 25 April 2022\n \n \n \n ACCESS INTELLIGENCE PLC\n (\"Access Intelligence\", the \"Company\" or the \"Group\")\n \n FINAL RESULTS FOR THE YEAR ENDED 30 NOVEMBER 2021\n \n \n \n Access Intelligence Plc (AIM: ACC), the technology innovator delivering Software-as-a-Service (\"SaaS\") solutions for the global marketing and communications industries, announces its final results for the year ended 30 November 2021.\n \n \n \n Highlights\n \n \n ·2021 was a transformative year for the Group, combining accelerating organic growth in its existing EMEA & North America business alongside the acquisition of Isentia, a leading media intelligence company in Australia and across the Asia Pacific region.\n \n \n ·New client wins during the year included Adecco, ASDA, BASF, Capita, Danone, EY, Eli Lilly, Financial Times Group, Gymshark, Havas, Hertz, Hewlett Packard, Lloyds Pharmacy, L'Oreal, Mastercard, McLaren Automotive, Pfizer, Red Bull Racing, Reddit, Sainsbury's, Sony Music Entertainment, Starling Bank, TalkTalk, Twitch, UNICEF and William Grant & Sons.\n \n \n \n \n · Annual Contract Value (\"ACV\") base increased by 169% to £58.9 million (2020: £21.9 million). The Group delivered organic ACV growth of £5.0 million (23%) whilst the acquisition of Isentia added another £32.0 million of ACV.\n \n \n ·Revenue increased by 75% year-on-year to £33.3 million (2020: £19.1 million). Excluding Isentia, revenue increased organically by 21% to £23.1 million.\n \n \n \n \n · Adjusted EBITDA loss for the year of £0.5 million (2020: profit of £0.7 million), reflecting additional investments made in the Group's product suite, alongside expanded sales and marketing activity to drive future growth.\n \n \n \n \n · At 30 November 2021, cash balance was £13.5 million (2020: £1.4 million).\n \n \n Christopher Satterthwaite, Non-Executive Chairman of Access Intelligence, commented:\n \n \n \"\n Access Intelligence's strong organic performance against the backdrop of the pandemic, in addition to the acquisition of Isentia, APAC's market-leading media monitoring and insights brand, makes 2021 a landmark year for the Group. It now has an established global infrastructure, which is set up to drive grow...