ELECO PUBLIC LIMITED COMPANY (ELCO) — Final Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, welcome to the ELECO Fund Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time using the Q and A tab, on the right hand corner of your screen, type in your question at any time and press send. The company may not be in a position to answer every question received during the meeting itself. However, company can review your questions submitted today and we'll publish those responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll and if you could give that your kind attention, I'm sure the company most grateful. I'd now like to hand over to CEO Jonathan Hunter. Good afternoon. Thank you, Mike. Good afternoon, ladies and gentlemen and good morning for those dialing in in different time zones as well. Pleasure to be here, to present our full year results. So without any further ado, we'll go into the highlights. We're really proud of the results, that we that the ELCO delivered in 2023. Demonstrates the progress that we're making on our strategy. The key sort of takeaways is that we've developed predictable revenue for the future with our focus on recurring revenue, which is a high quality of revenue that we're generating. We've seen profit improvement compared to the interims for those who are following. You see that the second half has been coming out of The U in terms of our SaaS transition and starting to see that accelerate to growth and going into quarter one of this year. And we expanded further internationally, which we'll go into some more detail on in a moment. The headline financials demonstrates that, you know, all the key metrics are heading in the right direction. T...