ActiveOps: Interim Results

25th November 2021

AIM-listed ActiveOps the provider of global back office software has released interim results for the 6 month perid to 30 September 2021. Highlights included a 16% increase of annual recurring reveues to £19.8m, with total revenues increasing 22% to £11.5m.

CEO Richard Jeffery said of the results:

Richard Jeffery, Chief Executive of ActiveOps, commented,

“The first six months of the year was a period of continued progress for ActiveOps, as the demand for workforce management solutions increases as a result of back-office operations becoming more complex, more demanding, more regulated and more competitive. Our strong financial performance has been driven by new customer wins and expanded existing customer engagements. We have continued to invest in our team and our offering to ensure we have the structure and products to execute on our growth plans.”

“Trading in the second half of the financial year has seen a continuation of the momentum seen in the first half. We continue to focus on our established strategy, maintain our position as thought leaders and expand the scope of our Workware+ platform to support our customers in simplifying the running of their operations.

“With strong market drivers, alongside a proven and expanding proposition, we remain confident that we are well placed to deliver on our growth ambitions and we are excited about our future prospects.”

Below is a short interview with CEO Richard Jeffery, who provides an outline of the business, the Group’s strategy with the business listing on AIM ealier in 2021

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