Brief: Regtech Open Project Sees 2024 Targets In Excess Of 120% Net Revenue Retention In Customer Base
04/03/2024 07:48
March 4 (Reuters) - REGTECH OPEN PROJECT PLC RTOP.L :
* TRADING, STRATEGY AND FUNDING UPDATE
* 2024 TRADING OUTLOOK TARGETS IN EXCESS OF 120% NET REVENUE
RETENTION IN CUSTOMER BASE
* COMPANY CONTINUES TO RECEIVE FUNDS UNDER SHAREHOLDER LOAN
AGREEMENT ALBEIT WITH DELAYS
* FOR 12-MONTH PERIOD TO 31 DECEMBER 2023 TOTAL BILLED
REVENUES
REDUCED BY C.£0.5M OVER PRIOR YEAR
Source text for Eikon: ID:nRSD3661Fa
Further company coverage: RTOP.L
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