GETBUSY PLC (GETB) — 2023 Full Year Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the GETBUSY PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Daniel Raby, CEO. Good morning, sir. Good morning. Thank you, Lillian. And, thank you everyone for joining us. These are our twenty twenty three full year results, and we appreciate your time. Our mission is to make, software that helps people be productive and happy. Our values, our purpose, and our mission means a lot to us. We've achieved significant scale, and we've got ambitious long term plans. So, our company now produces 20,500,000 of recurring revenue, which is highly valuable. I think 96 percent of our revenue is is recurring. Our growth CAGR has been 16% of recurring revenue since our IPO in 2017, so we've proven consistent by levels of growth. Within our business, we've created operational leverage in one of our companies, Virtual Cabinet, of 40, and we're confident we could do that over time through the whole group. So we are very experienced in SaaS, and we know how to make these extremely cash generative businesses. And we think as a group, we are headed in that way. We've got a very strong balance sheet, so we got plenty of cash headroom to be able to invest in our growth initiatives and to achieve the outcomes that we're setting out to ...