Brief: Itim Group H1 Adjusted EBITDA Rose 200% To 1.2 Mln Stg

ITIM

23/09/2021 09:16

Sept 23 (Reuters) - Itim Group PLC  ITIM.L :
    * H1 ADJUSTED EBITDA ROSE 200 PERCENT TO 1.2 MILLION STG
    * H1 REVENUE ROSE 16 PERCENT TO 6.4 MILLION STG
    * H1 ADJUSTED BASIC EARNINGS PER SHARE 2.24 PENCE
    * H1 OPERATING PROFIT 600,000 STG
    * APPOINTMENT OF JUSTIN KING, LEE WILLIAMS AND FRANK LEWIS
TO OUR
BOARD AS NON-EXECUTIVE DIRECTORS
    * ANNUAL RECURRING REVENUE CONTRACT VALUE IN 6 MONTH PERIOD
INCREASED 9% TO £10.5M FROM £9.6M AT 31 DECEMBER 2020
    * MAINTAINED POSITIVE TRADING MOMENTUM THROUGH EARLY PART OF
H2
2021
    * BOARD ANTICIPATES FULL YEAR RESULTS IN LINE WITH MARKET
EXPECTATIONS

Source text for Eikon:  ID:nRSW6750Ma 
Further company coverage:  ITIM.L 

 ((Reuters.Briefs@thomsonreuters.com;))