Actual Experience increasing level of interest in services

Actual Experience plc (LON:ACT), the analytics-as-a-service company, has announced its unaudited consolidated interim results for the six months ended 31 March 2021.

Highlights

●     Revenue of £889,467 (H1 FY20: £971,516)

●     Gross profit of £446,902 (H1 FY20: £507,099)

●     Operating loss before exceptional item of £2,185,439 (H1 FY20: £2,620,436)

●     Loss per share of 4.29p (H1 FY20: loss per share of 6.06p)

●     Equity placing in January 2021 raised gross proceeds of £10 million

●     Cash and cash equivalents at 31 March 2021 of £10,064,778 (30 September 2020: £2,754,274)

●    Successfully completed a large-scale Business Impact Assessment (“BIA”) project with a leading global energy supplier and in negotiations to establish a longer-term relationship

●     Currently in advanced discussions with a global FMCG organisation with regard to an initial BIA project

●     Commenced direct sales and marketing activities to complement existing Channel Partner sales approach

Dave Page, CEO of Actual Experience plc, said: “We are pleased with the increasing level of interest in our services, and the success of our recent equity placing gives us the resources to respond to this significant opportunity. In particular, I am excited by the progress of our newly established direct sales team and the promising opportunities that are emerging. This team complements our existing Channel Partner strategy and I look forward to being able to share further details of this initiative in the coming months.  We are seeing increased focus and progress from our Channel Partners with regard to sales execution, and this represents significant validation that they and their enterprise customers understand the value of our service offering.

The continuing improvement in customer and Partner engagement evidences the value of our dataset to businesses as they focus on new ways of working, and helps enterprises improve their efficiency as well as driving their Environmental, Social, Governance, Diversity, Equality and Inclusion ambitions. As the global economy becomes ever more reliant on digital technology and more flexible workplaces, the need for our services is greater than ever.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Actual Experience Plc

More articles like this

Actual Experience plc

CIOs – Heading for a new direction

Three years ago, CIOs were winning plaudits from the rest of the c-suite for the way the IT team scrambled to deliver a digital workplace within a matter of days. Now, however, the shine has faded

Actual Experience Plc

10 ways to accelerate digital transformation

Disruptive forces dictate the need for speed when it comes to key digital initiatives. Here’s how IT leaders are overhauling strategies and processes to streamline IT for quicker success. The pandemic-era push to quickly boost digital

Actual Experience Plc

Building a sustainable work-from-home digital ecosystem

Meet Dave Page, the CEO of Actual Experience plc, who has advised on multinational corporate business systems, with roles in the enterprise, outsourcing, software, and hardware companies. Dave Page grew up in north London with a fiery

Actual Experience Plc

How to create an equitable digital employee experience

Learning and development (L&D) is a fundamental part of the employee value proposition (EVP). Not only is it key for businesses to attract the employees and skills it desires, but also it’s core to keeping staff

Actual Experience Plc

The future of work dichotomy in a digital world

Any business leader hoping to return to ‘traditional’ ways of working is on a fast-track to failure. That horse has bolted. Not only have employees re-evaluated the concept of work, but they have the experience that proves digital

Actual Experience Plc

Why your business needs to embrace digital technologies

Any business leader hoping to return to ‘traditional’ ways of working is on a fast-track to failure. That horse has bolted. Not only have employees re-evaluated the concept of work, but they have the experience that

Actual Experience Plc

Elevating employee experience to human experience

The way we live, and work has altered significantly since the pandemic’s early stages and with it, the emphasis on employee experience has changed. Due to the rise in remote working during the pandemic, employee experience

Actual Experience Plc

Future of Work: The Physical, Digital and Human Experience

The Great Resignation has brought a widespread reimagining of both work and the workplace, and retaining employees is now one of the prime challenges for global organisations. Employee experience plays a key role in attracting new

Actual Experience Plc

Why human experience is vital to digital future of work

Digital Divide According to recent research from LACE Partners, talent attraction / retention; flexible and hybrid working; and the Employee Value Proposition (EVP) emphatically dominate HR leaders’ 2023 agendas. CHROs recognise that financial incentives alone are no

Actual Experience Plc

The hybrid workplace is here to stay

What is the Hybrid Workplace? The hybrid workplace is one that is flexible in terms of where work is done. An employee who’s doing hybrid work might spend some of their time in a physical workplace,

Actual Experience Plc

Embracing the Digital Workplace

The digital workplace is a concept that has gained significant traction in recent years, as more and more companies are transitioning to remote and hybrid work models. The digital workplace is defined as the use of

Actual Experience Plc

Hybrid working: Balancing flexibility and connection

Hybrid working and working from home have become increasingly popular in recent years, as technology has made it possible for employees to work remotely while still remaining connected to the office. This new way of working