For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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For the third consecutive year, AltX-listed 4Sight Holdings Limited (JSE 4SI) has announced double-digit growth in revenue, profit and cash on hand, with the reviewed financial results published for the twelve-month period ended 31 December 2023 showing a significant 70,6% jump in operating profit over the previous financial year. “Our unwavering commitment to executing the long-term business strategy we first implemented during the Covid period in 2020 has created a stable business model that continues to drive growth and deliver robust returns,” explains Tertius Zitzke, Group CEO at 4Sight Holdings. “We will always remember our Non-Executive Director, Herman Singh speaking to us when eased restrictions allowed us to return to our offices in 2020. After a question about the future with Covid, he said to the MANCO: ‘What’s right… will be left’, and that ignited our drive toward innovation in the new business environment during and after Covid.” Results for the 2023 period under review include: ● Revenue increased 34,9% year on year (YoY) ● Operating profit grew 70,6% ● 4Sight grew its cash balance by 44.8% from R70.3 million to R101.7 million ● Earnings per share (EPS) increased 127,9% ● Net asset value (NAV) increased 28,5% Headline earnings per share (HEPS) for the period under review increased 127,8% from ZAR2.379 cents per share for the year ended 31 December 2022 to ZAR5,420 cents per share.
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📈 Presentation of 2023 results. Our president and CEO, Pablo Martín Rodríguez, has presented the company's financial results achieved last year. The main financial figures at the end of last year put us at 121.3 million in revenues and 18.6 million in normalised Ebitda. The increase in the revenue figure at the end of last year, 31.6% compared to 2022, maintains the growth rate of previous years: +35.6% in 2022; +28.6% in 2021; and +9.1% in 2020. ➡ During the public presentation of the results, Pablo Martín said that they "confirm the solid growth path maintained by the company in the very long term, while positioning us as a leader in our sector in terms of EBITDA margin on our operations". 🚀 And, looking ahead, the 2027 Strategic Plan for the company foresees reaching 250 million in revenues and 33 million in normalised Ebitda by the end of that year. The way to achieve these figures will be based on four pillars: internationalisation, differentiation, brand recognition and a jump to the Continuous Market. 🔗 You can consult all the figures on our website:
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Congratulations to our client RADCOM (#nasdaq: RDCM) on strong fourth quarter and record full year 2023 results with revenue growth and accelerated profitability! Q4 2023 Highlights include: · Total revenues for the fourth quarter were $14.0 million, compared to $12.3 million in the fourth quarter of 2022, 14% year-over-year growth. · Non-GAAP net income for the period was $3.8 million, or $0.25 per diluted share, compared to a non-GAAP net income of $1.3 million, or $0.09 per diluted share, for the fourth quarter of 2022. · As of December 31, 2023, the Company had cash and cash equivalents, of $82.2 million, and no debt, ending the year with its highest cash levels. FY 2023 Highlights include: · Total revenues for the full year were $51.6 million, compared to $46.1 million for 2022. · Non-GAAP net income for the full year amounted to $10.2 million, or $0.67 per diluted share, compared to a non-GAAP net income of $2.9 million, or $0.19 per diluted share for the full year 2022. Eyal Harari, CEO, stated “Our record results and positive momentum demonstrate the value of our advanced technology and the strength of our business model. Looking at 2024, thanks to our strong execution and current visibility, we are confident in delivering a fifth consecutive year of revenue growth and increasing our profitability. Our full-year 2024 revenue guidance is $56 - $60 million.” To read the full release, click the link in the first comment. Hadar Rahav (Shekasta) #RADCOM #Q42023 #Q4Revenue #FinancialResults #investorupdate #5G #Innovation
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This business has Profititis... Here’s how you can tell in less than 10 seconds. Top line revenue growth (the green highlighted line) is very strong indeed. This is also followed by the Gross Profit (the yellow line), which is great. However, the problems arise when we look at Net Earnings. The shrewd among you will have notice that Net Earnings (the red line) is actually lower in DEC than it was in JAN… Despite strong top line growth. This is a classic sign of undiagnosed Profititis. Top line growing, bottom line shrinking. So what is causing the Profititis? It’s hard to see because the 2 biggest culprits, Depreciation & Amortization and Salaries, Benefits and Wages are both aggregated into large line items. We can’t see the crucial detail. Almost certain, however, that the answer lies deep within one of those larger numbers. Indeed, it’s often the case that the answer is buried in a report in a way that it can’t be seen. Last week I explained this in a post on simplifying reports, and you can see that linked in the comments. I’m thinking of recording a Deep Dive video where I break down a P&L showing exactly how to lay it out so you truly understand your business’s financial health. If you want me to send it to you when it’s done, drop the word ‘Me’ in the comments.
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