Source - Alliance News

Elixirr International PLC on Tuesday said it anticipates to announce revenue and earnings that beat market expectations, with momentum continuing into the new year.

The London-based business consultancy said its expects to report 2024 revenue higher than £111 million, beating the market expectation which has a range of £108 million to £111 million, and up from £85.9 million in 2023.

It expects adjusted earnings before interest, tax, depreciation and amortisation of around £31 million for 2024, up 22% from £25.4 million in 2023.

Elixirr anticipates an adjusted Ebitda margin of around 28% for 2024, in the middle of the guidance range of 27% to 29% and down from 30% in 2023.

‘Momentum has continued into 2025 with record revenue for January,’ the firm said.

It expects to release 2024 results on April 28.

Elixirr shares rose 5.8% to 818.75 pence each on Tuesday morning in London.

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