Silverbullet group revenue increased 44% to £8.36m, with 4D increasing 85%

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 2023YE December 2022Y-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). 
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