Itim Group Reports Strong 2024 Results with Revenue Growth and Return to Profitability

 

Itim Group PLC (LSE:ITIM) posted a solid financial performance for the year ended December 2024, highlighted by an 11% increase in revenue to £17.9 million and a substantial 260% rise in adjusted EBITDA to £2.5 million. The company returned to profitability with a pre-tax profit of £0.2 million, supported by strong strategic partnerships and a healthy cash position.

Key to the company’s progress has been continued investment in its flagship UNIFY platform, which offers cost-efficient, end-to-end digital solutions for traditional retailers. These efforts are aimed at helping retail clients navigate a challenging competitive environment while boosting profitability.

With a clear focus on innovation, scalable technology, and operational discipline, Itim Group is positioning itself as a reliable technology partner for brick-and-mortar retailers. The company’s commitment to long-term, sustainable value creation reinforces its growth strategy heading into the future.

About Itim Group PLC

Itim Group PLC is a UK-based Software-as-a-Service (SaaS) company that delivers technology solutions tailored to physical retailers. Founded in 1993, the company has transitioned from consultancy to a software provider, with a core focus on its proprietary Omni-channel platform, UNIFY. This platform helps retailers streamline operations and enhance financial performance through digital transformation.

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