Eagle Eye: Year End Results – Profits soar by 383%
Eagle Eye, the marketing software company which counts many of the world’s largest retailers as clients, has announced a stellar set of results in the 12 month period ending 30th June 2024. This includes a sharp increase in both revenues (up 11& to £47.7m) and profit after tax (up 383% to £5.7m). Eagle Eye secured new clients in new geographies and built on existing clients including Tesco, Morrisons and Asda in the UK, Hudson’s Bay in North America and Woolworths in Australia and New Zealand.
Tim Mason, Chief Executive of Eagle Eye, said:
“Eagle Eye’s reputation for delivering personalised marketing at scale, combined with the new opportunities presented by our entry into data science via EagleAI, provides a strong foundation for long-term growth. Our significant sales pipeline, which has doubled over the course of the year, includes some of the largest retailers in the world. The new initiatives to enhance win conversion rates have already started to bear fruit and position us well for continued success. The wins secured at the end of the Year and into FY25 provide a strong basis for on-going growth. With robust cash generation and a growing customer base globally, we are confident about the future.”
In the video below, CEO Tim Mason outlines Eagle Eye’s business model and future growth plans