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IXICO mark 'fifth year of successive EBITDA growth' and hail 'great market opportunity ahead'

IXICO mark 'fifth year of successive EBITDA growth' and hail 'great market opportunity ahead'

IXICO PLC (AIM:IXI, OTC:PHYOF)'s (IXICO PLC (AIM:IXI, OTC:PHYOF)) CEO Giulio Cerroni joins Proactive London's Katie Pilbeam to talk about their 34% increase in underlying annual profits and said its analytical offering will be enhanced further during the next 12 months as a new algorithm platform is launched.

Cerroni says the launch of its next-generation cloud-based data capture and analysis platform remains on track for the second half of the new financial year.

For the year to 30 September 2021, the AIM-listed company revealed underlying earnings (EBITDA) of £1.7mln compared to £1.3mln the year before. The statutory profit before tax was £1.16mln, up from £0.86mln.