4GLOBAL PLC (AIM:4GBL) CEO Eloy Mazon discusses the company's full-year results and key takeaways for investors with Proactive's Stephen Gunnion.
Mazon highlighted three major successes from the past financial year: international expansion, transitioning to an annual recurring revenue model, and exceeding market expectations in adjusted EBITDA. The company's international revenue grew by 30%, surpassing domestic revenue for the first time, with significant growth in the Americas.
Mazon emphasised 4GLOBAL's focus on three core markets: North America, the Middle East, and Europe. He noted the strategic importance of the growing soccer market in the US and developing partnerships with gym operators. In the Middle East, 4GLOBAL supports the region's active nation strategy with its data-driven platform. In Europe, the company targets public sector clients, sporting agencies, and facility operators.
Discussing customer growth, Mazon explained how 4GLOBAL aligns its offerings with the lifecycle of its customers, enhancing the value they derive from data insights. He also shared exciting news about the upcoming deployment of AI across their products to generate more specific, actionable insights.
"Demand continues to be strong," Mazon stated, "We're already ahead in sales compared to this time last year."
Looking forward, 4GLOBAL plans to focus on the North American market, product development, and increasing recurring revenue.