Netcall Regulatory News (NET)

16 December 2021

NETCALL plc

("Netcall", the "Company" or the "Group")

AGM Statement

Netcall plc (AIM:NET), a leading provider of intelligent automation and customer engagement software, is pleased to provide the following update ahead of the Company's Annual General Meeting to be held at 10:30am today.

Netcall's trading momentum has continued in the first half of FY22, in line with management expectations. The Group continues to see good demand for its cloud solutions across its core sectors of healthcare, public sector and financial services, delivering strong growth in both revenue and annual contract value ('ACV').

Looking ahead, the pipeline of opportunities is growing. The unique combination of Netcall's Liberty platform, combining intelligent automation and customer engagement solutions, supports customers in their digital transformation strategies. New business wins are complemented by a substantial existing customer base with cross-selling potential and an ongoing migration to cloud solutions.

The market opportunity remains significant and the Group's targeted innovation programme continues to provide new growth opportunities. This, together with the Group's robust balance sheet and increasing recurring revenues, gives the Board confidence in its sustained success.

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About Netcall

Netcall's Liberty software platform with Intelligent Automation and Customer Engagement solutions helps organisations transform their businesses faster and more efficiently, empowering them to create a leaner, more customer-centric organisation. 

Netcall's customers span enterprise, healthcare and government sectors. These include two-thirds of the NHS Acute Health Trusts and leading corporates such as Legal and General, Lloyds Banking Group, ITV and Nationwide Building Society.