Virtual queuing specialist Accesso Technology has flagged record revenues, alongside strong cash generation.
Revenue for the 2022 calendar year is anticipated to come in at no less than US$139mln – up from US$124.8mln the year earlier and ahead of management’s initial full-year expectations.
Group cash ended the year at roughly US$64mln, linked to a strong operating performance and a cash EBITDA margin of at least 17%.
Analysts at Shore Capital remain confident that the technology provider will experience continued growth going forward, leading to an upgrade in its guidance for the stock.
Saga PLC (LSE:SAGA), a provider of products and services for over 50s, is expected to report a boost in sales when it too presents full-year results.
Investors may also look for any developments in the potential sale of its insurance underwriting arm, which it began exploring an exit for in January.
Major announcements
Finals: Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) (Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF), Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF)), Proteome Sciences PLC (AIM:PRM) (Proteome Sciences PLC (AIM:PRM)), Saga PLC (Saga PLC (LSE:SAGA))
Trading updates: Anexo Group PLC (AIM:ANX) (Anexo Group PLC (AIM:ANX)), Renewi PLC (LSE:RWI) (Renewi PLC (LSE:RWI))
Economic announcements: Factory Orders (US)