Access Intelligence Plc, (AIM: ACC) the technology innovator delivering Software-as-a-Service (SaaS) solutions for the global marketing and communications industries, is pleased to announce its unaudited half year results for the six months ended 31 May 2021. Highlights: · Annual Contract Value ( ACV ) base increased by £2.7 million (25% annualised) to £24.7 million (H1 2020: growth of £1.1 million to £19.1 million). Over the 12 month period to 31 May 2021, ACV increased by £5.5 million (29% organic growth). · The Group s first half revenue increased by approximately 17% to £11.0 million (H1 2020: £9.4 million). · The Group delivered an Adjusted EBITDA loss in the period of £135,000 (H1 2020: loss of £147,000), reflecting additional investment in sales and marketing to drive global expansion.
iSentia to be acquired by Access Intelligence after shareholder approval
July 12, 2021 10:39
Access Intelligence Plc shareholders have voted to approve the acquisition of iSentia following a general meeting held on Friday.
Additionally, the company has received shareholder approval for the fundraising to raise a total of GBP50 million (AUD $92,830,455.00) for the acquisition.
iSentia to be acquired by Access Intelligence after shareholder approval
The fundraising proceeds will be used, among other things, to fund the equity consideration of the acquisition and to repay the full amount of the drawn down debt of iSentia.
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The acquisition is being undertaken by way of a scheme of arrangement in Australia and is subject to iSentia shareholder approval and approval of the courts in Australia.