Dillistone Group Achieves First Profit Since 2016 Amid Market Challenges

The latest update is out from Dillistone ( (GB:DSG) ).

Dillistone Group Plc reported its first profit before tax since 2016, reflecting a positive financial turnaround despite challenging market conditions. The company achieved a profit before tax of £0.013m for FY2024, with an increase in adjusted operating profit by 22% and a rise in EBITDA margin to 26.2%. Although revenue decreased by 12% due to market challenges, the company improved its operational cash margins and continued to reduce debt. The Group’s strong start to the year and improved competitiveness resulted in the best quarter for new business contract wins since Q1 2023, with recurring revenues expected to cover 103% of administrative costs, indicating confidence in further progress through 2025.

More about Dillistone

Dillistone Group Plc is a prominent supplier of software and services to the recruitment industry, operating under the Ikiru People brand. The company develops and markets products such as Talentis, FileFinder, Infinity, Mid-Office, ISV, and GatedTalent, catering to both contingency recruiters and executive search firms globally.

YTD Price Performance: 24.14%

Average Trading Volume: 34,078

Technical Sentiment Signal: Buy

Current Market Cap: £1.94M

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