IQGeo Group Plc's (LON:IQG) Richard Petti and Hayward Chapman talk to Proactive London's Katie Pilbeam about their final results for the year ended 31 December 2020.
They highlight the success made in building recurring revenues through organic growth and the acquisition of OSPI for a consideration of $8.75 mln adding £2.0 million of recurring revenue and bringing a global customer base of over 200 customers.
Added to this, there has been £1.4 mln of recurring revenue added through the sales of IQGeo products which have increased by 75% from the prior year.