itim Group plc (LON:ITIM) Ali Athar, CEO, and Ian Hayes, CFO join DirectorsTalk Interviews to discuss audited results for the year ended 31 December 2023.
Ali and Ian delve into the company’s audited results for the year ended December 31, 2023 covering several key points: a 15% increase in revenue, a 200% rise in EBITDA, and a strong annual recurring revenue (ARR) of $13.2 million. The interview highlights the end of their investment period, emphasising a shift towards profitability and cash generation. Ali discusses Item Group’s resilience amid challenges, their significant investments in R&D, and the launch of a unified technology platform aimed at enhancing omni-channel retailing. Adding, strategies for maintaining and strengthening client relationships, as well as approaches to secure new business in the retail industry, are explored. The interview ends with the company’s focus for the upcoming year on increasing profitability and enhancing communication with the market.
itim Group plc (LON:ITIM), are a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial performance.
