Click on EPIC to open the chart                              Click on Headline to Open RNS            Click on Time Stamp to see all recent News     Help and Navigation

Best viewed in full screen by hitting the diagonal arrow on the bottom right of report bar

Global Data  strong results on a chart that rests on a 50% retrace of the Dec 23 breakout to the Jan 24 high  - see RNS

Beneath that retrace lies a yawning gap back to the 160p level so a strong reaction on volume would be preferred before taking a position: one to scale into

Financial Highlights

·      Strong growth in both revenue and profit

o  The full year impact of acquisitions augmented underlying revenue progression, to report overall revenue growth of 12%.

o  Robust underlying revenue growth of 7% (2022: 10%) was underpinned by subscriptions which represented 79% of total revenues (2022: 81%).

o  Significant Adjusted EBITDA margin expansion to 41% (2022: 36%).

·      Adjusted EBITDA up 28% to £110.8m (2022: £86.4m).

·      Statutory PBT grew by £3.1m to £41.5m (2022: £38.4m) an 8% increase on prior year.

·      Operating cash flow grew by 18% to £101.0m (2022: £85.4m).

·      Invoiced Forward Revenue grew to £135.2m (underlying growth of 4%) at 31 December 2023 (31 December 2022: £133.5m).

·      Enter FY24 with c.80% visibility (contracted and renewable revenues) of budgeted revenues.

·      Total dividends grew by 28% to 4.6p (2022: 3.6p restated²).