Newmark Security PLC (AIM:NWT) CEO Marie-Claire Dwek and CFO Paul Campbell-White presented at the Proactive One2One Investor Forum on the company’s progress in 2024 and future growth strategies.
Newmark Security, which specialises in protecting people and workplaces, has seen strong performance across its Human Capital Management (HCM) and Physical Security divisions. Dwek emphasised that Newmark Security’s mission is to ensure safe spaces through secure cloud control of people’s access and identity data at work.
Campbell-White highlighted key financial metrics, revealing that group revenue increased by 10% year-on-year to £22.3 million, with HCM contributing significantly in both the US and Europe. He also discussed the 28% growth in annual recurring revenue and a 50% rise in EBITDA to £2.2 million.
Dwek detailed the company’s five-year plan, which focuses on driving recurring revenue, onboarding new partners, and expanding its market share. The company's innovative cloud-based platform, GTI Connect, and new partnerships with major brands like Oracle are central to this strategy.