Replay available

SYSTEM1 GROUP PLC (SYS1) — Interim Results

Interim Results hosted by SYSTEM1 GROUP PLC (LSE: SYS1) on Investor Meet Company, held 2024-12-03.

Tue, December 3, 2024 at 10:00 AMendedReplay
SYSTEM1 GROUP PLC (SYS1) — Interim Results

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Featured Presenters

James Gregory

CEO at SYSTEM1 GROUP PLC

Chris Willford

CFO at SYSTEM1 GROUP PLC

Replay transcript excerpt

Good afternoon, and welcome to the SYSTEM1 GROUP PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time via 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, and I'd now like to hand you over to James Gregory, CEO. Good afternoon, sir. Good afternoon. Good morning. Good afternoon. Good evening. I wish you have a time zone you're dialing in from today. Thank you for taking the time to join us for the SYSTEM1 FY twenty five interim results. Today, we'll go through our highlights. Then Chris and I will then take you through some more detailed results. We'll focus on the opportunities ahead, and then we'll finish off with our future growth plans. So to kick off with the highlights sorry. So to kick off with the highlights, we've been making great progress this year. Platform revenue was up 53% on h one last year, and total revenue up by 38%. We made a big commitment to The US, and we're seeing that come through in revenue with our total revenue up 79%. New customer is going really well with a 161 new platform clients joining in h one, providing £3,300,000 of revenue, and our net revenue retention is over a 120%. Gross profit margin is high at 87.3% in line with last year, and £2,000,000 additional investment will be spent over the next eighteen months in revitalizing our innovation and winning in America. Statutory profit before tax wa...

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