Silver Bullet Data Services Group PLC (LON:SBDS) (Silverbullet), a provider of AI driven digital transformation services and products, has announced its audited results for the year ended 31 December 2023.
FINANCIAL HIGHLIGHTS.
YE December 2023 | YE December 2022 | Y-O-Y | |
Revenue | £8.36m | £5.82m | +44% |
Gross Profit | £6.36m | £4.22m | +51% |
Headline Loss before tax* | £3.31m | £6.10m | -46% |
Reported Loss before tax | £3.45m | £7.54m | -54% |
Loss Per Share | £0.20 | £0.49 | -61% |
* Headline results are calculated before exceptional items and share option charges, reconciliation per note 5 of the consolidated financial statements.
Operational Highlights:
· | Group revenue increased 44% to £8.36m (2022: £5.82m). |
· | Services revenue increased 29% to £5.55m (2022: £4.30m). |