Maintel Holdings Plc, a leading provider of cloud and managed communications services, announces its audited results for the 12-month period to December 31, 2024. The company reports a significant improvement in profitability and underlying organic growth, driven by continued progress in its business transformation plan and strategy execution. The revenue performance represents underlying growth of 8.2%, with recurring revenue accounting for 75% of total revenue. Maintel continues to execute its strategic pivot from a communications generalist to a specialist, focusing on Unified Communications & Collaboration, Customer Experience, and Security & Connectivity. The company wins multi-year, multi-million-pound contracts with leading organizations across various sectors. Gross profit remains stable, while gross margin expands to 31.3%. Adjusted EBITDA increases by 15.4%, reflecting margin expansion and cost control measures. Basic earnings per share improve, and net debt decreases by 8.3%. Maintels operational highlights include the consolidation of operational savings, growth in key areas like Cloud Communications and Security & Connectivity, and the launch of the Maintel Application Platform. The companys Board composition changes include the appointment of two Non-Executive Directors and the search for an independent Non-Executive Chairman.