Eagle Eye Sees FY 2022 Revenue, Adjusted Ebitda Ahead of Views

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By Anthony O. Goriainoff

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Eagle Eye Solutions Group PLC said Friday that it expects revenue and adjusted Ebitda for fiscal 2022 to be ahead of current market expectations by around 7% and 10%, respectively.

The UK marketing-software company said it has benefited in the year from significant new customer wins, and that it continues to benefit from the strength of its software-as-a-service model.

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For the year ending June 30, market consensus for revenue is 28.1 million pounds ( million), the company said.
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Eagle Eye reported revenue of GBP22.8 million for fiscal 2021.

Adjusted earnings before interest, taxes, depreciation and amortization–the company’s preferred metric, which strips out exceptional and other one-off items–consensus is for GBP5.2 million. In fiscal 2021, it reported adjusted Ebitda of GBP4.2 million.

Shares at 0733 GMT were up 39 pence, or 9.3%, at 459 pence.

Write to Anthony O. Goriainoff at [email protected]

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Credit: www.marketwatch.com /

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