The Netcall Board is proposing a final dividend for this financial year of 0.25p (FY19: 0.20p). If approved, the final dividend will be paid on 9 February 2021 to shareholders on the register at the close of business on 29 December 2020
Other financial highlights include:
· Revenue up 10% to £25.1m (FY19: £22.9m)
· Total annual contract value ('ACV') at 30 June 2020 up 7% year over year to £16.8m (30 June 2019: £15.7m)
· Cloud services ACV at 30 June 2020 up 25% year over year to £7.5m (30 June 2019: £6.0m)
· Adjusted EBITDA on an IFRS 16 basis up 29% to £4.41m (FY19: £3.41m on an IAS 17 basis). Adjusted EBITDA on an IAS17 basis increased by 21% to £4.12m
· Profit before tax of £0.50m (FY19: £0.75m)
· Cash generated from operations of £9.39m (FY19: £6.84m) including £2.21m of deferred VAT payments
· Group cash at 30 June 2020 was £12.7m (FY19: £7.77m) more than offsetting borrowings of £6.75m (FY19: £6.63m)
