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StatPro reports solid 2018 and strong organic growth for flagship service

StatPro Group PLC (LON:SOG) chief executive Justin Wheatley tells Proactive London's Andrew Scott 2018 saw strong growth in annualised recurring revenue (ARR) for its flagship Revolution product.

StatPro Revolution's ARR notched up organic year-on-year growth of 17%, up from growth of 13% in 2017.

For the group as a whole, revenue in 2018 rose 11%, or 13% on a constant currency (CC) basis, to £54.84mln from £49.26mln (restated) in 2017.

The UK and Europe were its best-performing regions.

Quick facts: StatPro Group PLC

Price: 228.5 GBX

LSE:SOG
Market: LSE
Market Cap: £150.51 m
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