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Leisure, gaming and gambling

accesso portfolio continues to grow with eight USA contract wins

accesso, the virtual queuing and tech specialist, continues to grow as it announced eight new contract wins in the USA from across the leisure sector. .

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accesso (LON:ACSO), the virtual queuing and tech specialist, continues to grow as it announced eight new contract wins in the USA from across the leisure sector.

The wins are for the group's ShoWare cloud ticketing system and accesso SiriuswareSM, the point of sale and guest management software.

New clients include the Taos Ski Valley park in New Mexico and the Museum of Science and Industry, an education facility in Florida.

Other contract wins are with the Mount Vernon Place Conservancy in Baltimore and the Hickory Community Theatre, North Carolina, and Criterion Theatre in Maine.

The group noted that all four of its business lines have reported important wins in the last few months and each generates another repeatable revenue stream.

Chief executive Tom Burnet said: "Using technology to help create the best possible guest experience before, during and after a leisure visit is at the heart of everything we do.

"These new partnerships are a further endorsement of that strategy and we are delighted to be providing these dynamic venues and attractions with innovative technology solutions that, we hope, meet and surpass guests' fast-evolving expectations."

Speaking to Proactive, he added that the group's sales pipeline remained strong and he was hopeful there would be "more good news" in coming months.

North America is the group's biggest market by some margin, he explained.

"It has the largest developed attractions market in the world and across our business all our divisions have seen their early success develop there."

On why accesso's products remain so popular, he said: "Our innovative approach to driving revenue are key differentiators of our proprietary and patented technology.

"We help our clients achieve their goals through fantastic customer service, rapid release software deployment and a continuous commitment to innovation. We spend approaching 15% of revenue annually on R&D."

Earlier this month, the AIM firm confirmed it expected to meet its recently upgraded earnings forecasts as interim revenues jumped by almost a quarter.

The virtual queuing firm said it would hit earnings guidance for 2015, while upgrading it for 2016 and materially upgrading its expectations for 2017.

Sales in the six months to June 30 rose to US$32.1mln (US$25.9mln) helped by the purchase of US group Showare in November.

Underlying profits rose by 21% to US$1.56mln (US$1.28mln), though a US$2.39mln charge for acquisition amortisation and options meant a pre-tax loss of US$1.05mln.

Today, shares added 1.07% to 802p each.