05 February 2025
Dillistone Group
Plc
("Dillistone", the "Company" or the "Group")
Trading Update &
Notice of Results
Dillistone Group Plc, the AIM quoted
supplier of software and services for recruiters, provides a
trading update for the 12 months ended 31 December 2024.
Trading Update:
The Board is pleased to report that
it expects its 2024 results to show continuing progress for the
Group, with profit measures comfortably in line with expectations,
and a significant improvement in operating results against the
prior year.
These unaudited results have been
delivered despite a challenging climate for our recruitment clients
which has directly impacted the size and scale of our client base.
Despite this ongoing environment, the Board is pleased to report a
notable improvement in a number of internal performance indicators
in Q4.
This improvement was led by our
Talentis executive search software product
(https://www.talentis.global/recruitment-software/), which saw a
significant increase in demand in the final weeks of the year.
Going into 2025, we have received migration contracts from
executive search firms in the Americas, Europe, Africa and Asia
Pacific. These migrations will see clients port to Talentis from a
number of other products, including both competitor and our own
FileFinder systems. These add to an already global userbase for the
platform.
On the contingency front, we are
pleased to announce that our new Mid Office Timesheet Platform
(https://www.voyagersoftware.com/online-timesheets/)
entered Beta on 3 February 2025. This follows the successful launch
of our Infinity onboarding portal launched in December 2024, and
which has already generated its first revenue.
In addition, we are pleased to
report that our new AI driven Interview Simulation platform
(https://www.talentis.global/interview-coaching-simulation/),
having been launched in November 2024, has also generated
revenue.
During 2024, the Group was again
operationally cash generative and continued to paydown its Covid
era CBIL loan in line with schedule.
Trading in January 2025 has been in
line with management expectations.
Notice of Results:
The Board expects to release final
results for the 12 months to 31 December 2024 by early
May.
Enquiries:
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Dillistone Group Plc
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Giles Fearnley
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Chairman
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01256 297 000
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Jason Starr
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Chief Executive Officer
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Ian Mackin
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Finance Director
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Zeus (Nominated
adviser)
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Mike Coe
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Director, Investment
Banking
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020 3829 5000
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This announcement contains inside
information for the purposes of Article 7 of the UK version of
Regulation (EU) No 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018, as amended ("MAR").
Upon the publication of this announcement via a Regulatory
Information Service, this inside information is now considered to
be in the public domain.
The person responsible for arranging
the release of this announcement on behalf of the Company is Ian
Mackin, Finance Director of the Company.
Notes to Editors:
Dillistone Group
Plc is a
leader in the supply and support of software and services to the
recruitment industry. Dillistone operates through the Ikiru People
(www.IkiruPeople.com)
brand.
The Group develops, markets and
supports the Talentis, FileFinder, Infinity, Mid-Office, ISV and
GatedTalent products.
Dillistone was admitted to AIM, a
market operated by the London Stock Exchange plc, in June
2006.
Learn about our products:
Talentis
Software:
https://www.talentis.global/recruitment-software/
Voyager
Software:
https://www.voyagersoftware.com
GatedTalent Executive
Jobs:
https://www.talentis.global/all-jobs
