ELIX - Ticker AI Digest

TR1 Buy

Elixirr International plc, a global award-winning challenger consultancy, announces its final results for the year ended 31 December 2024. The Group delivered a record financial performance in FY 24, reflecting strong client demand, continued geographic expansion, and operational discipline across the business. Elixirr also announces its intent to move to the Main Market of the London Stock Exchange, subject to FCA approval. The Board recommends a final Ordinary share dividend for FY 24 of 11.5p per share, making a total dividend of 17.8p for the FY 24 financial year, a 20% increase on the FY 23 dividend. Elixirr enters FY 25 with strong momentum, following a record revenue quarter in Q1 2025 and expects April 2025 to be a record revenue month. The Groups revenue increased by 30% to £111.3 million in FY 24 compared with £85.9 million in FY 23. Adjusted EBITDA of £31.2 million in FY 24 represented a 23% increase from FY 23 and was delivered at a 28% margin. The Groups revenue growth was driven by both organic revenue growth of 13% and the impact of acquisitions. Elixirrs growth strategy is built on four key pillars: Stretch, Promote, Hire, and Acquire, which support the Groups ambition of becoming the worlds leading digital, data, and AI consultancy. The Groups acquisition strategy targets firms that contribute to its enterprise value, enhance capabilities, deepen industry expertise, and expand geographic reach. In FY 24, Elixirr completed the acquisition of Hypothesis Group, a US-based insights and strategy firm, strengthening its customer insights and research capabilities. The Group also agreed to a £45 million revolving credit facility with NatWest to support its growth strategy. Elixirrs standout financial performance in FY 24 highlights the firms strong potential, and the planned transition to the Main Market further strengthens its outlook.

TR1 Buy

TR1 Buy

Elixirr International plc, a global award-winning challenger consultancy, announces its final results for the year ended 31 December 2024. The Group delivered a record financial performance in FY 24, reflecting strong client demand, continued geographic expansion, and operational discipline across the business. Elixirr also announces its intent to move to the Main Market of the London Stock Exchange, subject to FCA approval. The Board recommends a final Ordinary share dividend for FY 24 of 11.5p per share, making a total dividend of 17.8p for the FY 24 financial year, a 20% increase on the FY 23 dividend. Elixirr enters FY 25 with strong momentum, following a record revenue quarter in Q1 2025 and expects April 2025 to be a record revenue month. The Groups revenue increased by 30% to £111.3 million in FY 24 compared with £85.9 million in FY 23. Adjusted EBITDA of £31.2 million in FY 24 represented a 23% increase from FY 23 and was delivered at a 28% margin. The Groups revenue growth was driven by both organic revenue growth of 13% and the impact of acquisitions. Elixirrs growth strategy is built on four key pillars: Stretch, Promote, Hire, and Acquire, which support the Groups ambition of becoming the worlds leading digital, data, and AI consultancy. The Groups acquisition strategy targets firms that contribute to its enterprise value, enhance capabilities, deepen industry expertise, and expand geographic reach. In FY 24, Elixirr completed the acquisition of Hypothesis Group, a US-based insights and strategy firm, strengthening its customer insights and research capabilities. The Group also agreed to a £45 million revolving credit facility with NatWest to support its growth strategy. Elixirrs standout financial performance in FY 24 highlights the firms strong potential, and the planned transition to the Main Market further strengthens its outlook.