?Panoply Holdings (LON:TPX) reported a record performance, CV19 seems to have really boosted their business.
For 2020 yr (end 31.3.20), revenue and EBITDA in line with expectations. Cash now £6.8m.
Looking forward to 2021, very positive: Q1 21,: Rev £10.1m (Q1 20: 6.3m), Adj EBITDA £1.7m (Q1 20: £0.5m). Organic revenue +10%. Contract wins in Q1: £14m. The Board believes the results reflect a structural change in public sector procurement. Momentum continuing into Q2 21. The Group expects revenue and adj EBITDA for 21 to be significantly above market expectations. (Albeit with a H2 weighting). Results 30th July 2020.