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IXICO report double-digit revenue growth and a more than doubling of profit

IXICO PLC's (LON:IXI) chief executive Giulio Cerroni joins Proactive London's Katie Pilbeam to discuss the financial results for the year ended on September 30. 

Cerroni talks through the strong double-digit revenue growth and the more than doubling of profit. 

He goes on to explain that 2020 has been a fourth successive year of revenue jumping over 25%, and one in which "we have demonstrated the resilience of the business model".

The group has more than doubled its underlying earnings (EBITDA) profitability to £1.3mln, generated "significant" operational cashflows, strengthened the balance sheet and increased its contracted order book by 36% to £21.7mln.

Quick facts: IXICO PLC

Price: 88 GBX

AIM:IXI
Market: AIM
Market Cap: £42.21 m
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