Diales Plc, a global specialist in dispute avoidance and resolution, released its preliminary financial results for the fiscal year ended September 30, 2024. The company reported a revenue increase of 0.9% to £43.0 million, with gross profit rising by 1.9% to £11.0 million and gross profit margin improving to 26.6%. The underlying operating profit from continuing operations before tax increased by 20.0% to £1.2 million, while the basic earnings per share from continuing operations were 0.8p. Diales also maintained a strong cash position of £4.3 million, despite funding dividends, share buybacks, tax payments, and the cessation of a JV agreement. The companys overall utilization rates remained stable at 72.6%, with Europe & Americas contributing the most to underlying profit. Diales Middle East business turned profitable, and Asia Pacific narrowed its losses. The companys capital allocation strategy remains focused on organic growth, strategic acquisitions, and returning surplus cash to shareholders. Diales initiated a share buyback program and is considering acquisition opportunities. The outlook for FY25 is positive, with a strong pipeline of leads and a focus on improving utilization levels and margin enhancement.