Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) tweaked higher its revenue guidance once again following a strong performance in September and October.
Revenues for the year will be ‘no less than’ US$124mln, US$7mln higher than the forecast it furnished the market at the start of last month. Cash EBITDA margin for the year will now exceed 20%.
The company which provides, develops and sells queuing technology used at venues such as theme parks, reiterated its caution that costs would likely rise in 2022 as it invested in meeting nascent demand for its products.
Wednesday’s update is one of a series of similar announcements over the past year flagging improving trading trends. The group’s last announcement revealed the accesso was back to pre-pandemic levels.