Ingenta Plc have declared a full year dividend increased 19% to 4.1 pence (2022: 3.45 pence), with proposed final dividend of 2.6 pence per share

DividendMax Ltd.

Ingenta Plc have declared a full year dividend increased 19% to 4.1 pence (2022: 3.45 pence), with proposed final dividend of 2.6 pence per share

On 14 August 2023 Ingenta Plc paid a final dividend of 2.25 pence per share for the year ended 31 December 2022. On 23 October 2023 an interim dividend of 1.5 pence per share was paid in respect of the year ended 31 December 2023.

Other financial highlights include:

Revenue increased 3% to £10.8m (2022: £10.5m).

Annual Recurring Revenue (ARR) of £8.7m, representing 80% of total revenue (2022: £9.0m, 86%). New customer implementations in 2023 expected to yield approximately £0.5m of ARR in 2024.

Adjusted EBITDA £2.2m (2022: £2.3m). The 2022 adjusted EBITDA figure was previously reported as £2m. This has been impacted by a prior period adjustment which has reduced direct costs by £0.3m and increased reported profitability by £0.3m.

Net profit of £2.3m (2022: £1.8m).

Adjusted earnings per share of 12.77 pence*** (2022: 11.30 pence).

Reported earnings per share of 15.82 pence (2022: 10.88 pence).

Companies mentioned