Diluted HEPS increased by 16.4% y-y to 10.2pps.
Gross invoiced income increased by 37.6% y-y to £1 082m driven by 39.1% y-y growth in Software sales.
Revenue improved by 16.2% y-y to £109m.
GPM decreased by 70bps to 69.3%.
OPM declined from 29.2% to 28.2%.
Expenses increased by 17.1% y-y to £45m. Expenses to revenue has increased from 40.8% to 41.1%.
Dividend of 2.7pps (GBP).
Cash from operating activities increased from -£6m to £13m.
Strong levels of demand for security, cloud adoption, digital transformation, hybrid datacentres and remote working solutions have underpinned the Group’s continued growth in H1 FY24.
In April 2023, the Group acquired a 25.1% interest in Amazon Web Services (AWS) partner, Cloud Bridge Technologies, to bolster its multi-cloud strategy.
