ELIX23 Aug 2024 10:36
Looking more interesting
Cavendish say " FY 2023 results showed the power of Elixirr’s differentiated model with revenue up +20% and adj. EPS up +22% in a market subdued by global uncertainty. With net cash of £18m, a positive outlook statement, a proven ability to broaden services and strengthen market position by acquisition in a c.£250bn market and an FY 2024E P/E of 13.2x (excluding cash, 14.4x including) we continue to see significant share price upside and make no major changes to our forecasts (EPS edged up +1%) or target price. "