London South East were delighted to have Maurice Healy, CEO of technology growth stock Glantus Holdings (GLAN) speak at the April Investor Webinar (26.04.22).
Dublin-based Glantus are a global provider of automated accounts payable software, and have developed their own IP solutions. The Glantus suite of product software is called Datashark, and this helps their many clients recover lost working capital as a starting point.
Since joining AIM last May the business has grown revenues both organically and by acquisition, with more to come in 2022. Glantus earns revenues of around $20M per annum and growing, and . management own 58% of the stock.
"We work with the accounts payable functions of large organisations and help them digitise that function, and most of our business comes out of the UK, the US and parts of EMEA as well."
"We work with large organisations who have many, many thousands of suppliers, and they can't get at that data as one unit. We apply a cloud-based solution which sits above all their systems, all of their geographies, we take all their data out, put it through our systems, and we find working capital, and we do a lot more for them."
