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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Tech

Accesso Technology to report better than expected cash margins

Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) announced that it expects its revenue for 2024 to be approximately $152 million, which is in line with its previous guidance.

Revenue growth was marked at 4% for the year, the ticketing and virtual queue technology firm said in a trading statement ahead of its full-year results (due to be published in April).

Accesso said it expects to report a cash EBITDA margin of 15% surpassing its earlier revised ahead of a prior forecast, seen between 13% and 14%.

The company noted it had $28.7 million cash at the end of December.

Accesso confirmed it would provide additional guidance and outlook for 2025 alongside its full-year results.

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