Atturra reports strong financial results for FY24

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Atturra reports strong financial results for FY24
Stephen Kowal, Atturra
Supplied

ASX-listed solutions provider Atturra has put in financial results for the fiscal year 2024, exceeding revenue and underlying earnings before tax forecasts.

The company reported revenue of $243.4 million, representing a 36 per cent growth compared to the previous corresponding period (pcp).

Underlying earnings before tax reached $25.5 million, a 21 per cent increase on pcp.

Other key financial highlights include a cash balance of $60.6 million, underlying profit growth of 27 per cent on pcp, and Atturra adding over 80 new clients during the financial year.

The IT solutions provider has expanded its service offerings, including the development of proprietary solutions such as Scholarion, a student information system for K-12 education, and the Atturra Cloud Platform.

Atturra has also strengthened its managed services capabilities through the acquisitions of Sabervox and Cirrus Networks.

Atturra continues to focus on emerging technologies, including AI, advanced connectivity, cybersecurity, and hybrid clouds.

A recent collaboration with Nuix and HPE saw the company accelerating workloads on Nuix's AI Neo software platform.

Looking ahead, Atturra plans to complete the integration of Exent by January 2025 and implement a key ticketing system in FY25.

 

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