'Mo' Khan of Hvivo: 2022 was transformative and order book gives strong visibility into H1 2024
Episode 1362, Apr 25, 2023, 02:19 PM
'Mo' Khan, Chief Executive Officer of Hvivo #HVO says 2022 was transformative and with an impressive orderbook, we are proud to have full visibility of 2023 revenue guidance with strong visibility into H1 2024.
Financial Highlights
· Revenue up 30% to £50.7m (2021: £39.0m)
· EBITDA increased threefold to £9.1m (2021: £2.9m)
· EBITDA margins of 17.9% (2021: 7.4%), ahead of guidance due to positive impacts of over £1m
· Cash and cash equivalents of £28.4m as at 31 December 2022 (2021: £15.7m)
· Adjusted diluted EPS increased to 0.90p per share (2021: (0.19)p)
· Contracted orderbook increased by 65% to £76m as at 31 December 2022 (2021: £46m)
· One-off special dividend of c.£3.0m, being 0.45p per share reflecting strong cash generation during the year, payable on 9 June 2023 to shareholders on the register on 5 May 2023. The corresponding ex-dividend date is 4 May 2023
To read the full RNS click here
Financial Highlights
· Revenue up 30% to £50.7m (2021: £39.0m)
· EBITDA increased threefold to £9.1m (2021: £2.9m)
· EBITDA margins of 17.9% (2021: 7.4%), ahead of guidance due to positive impacts of over £1m
· Cash and cash equivalents of £28.4m as at 31 December 2022 (2021: £15.7m)
· Adjusted diluted EPS increased to 0.90p per share (2021: (0.19)p)
· Contracted orderbook increased by 65% to £76m as at 31 December 2022 (2021: £46m)
· One-off special dividend of c.£3.0m, being 0.45p per share reflecting strong cash generation during the year, payable on 9 June 2023 to shareholders on the register on 5 May 2023. The corresponding ex-dividend date is 4 May 2023
To read the full RNS click here