Full Year 2024 Acrow Ltd Earnings Call Transcript

Aug 22, 2024 / 01:00AM GMT
Operator

Thank you for standing by, and welcome to the Acrow Limited FY24 results conference. (Operator Instructions)

I would now like to hand the conference over to Mr. Steven Boland, CEO. Please go ahead.

Steven Boland - Acrow Ltd - Chief Executive Officer, Executive Director

Thank you very much, and thanks, everybody, for joining us this morning as we present another great year of growth for Acrow. I'm joined today by Matt Caporella, our Chief Operating Officer; and Andrew Crowther, our Chief Financial Officer. And each of those gentlemen will talk about their particular areas. So I'm going to run through the investor presentation that was released last night.

So firstly, headline numbers for the year, 28% improvement in revenue and 40% improvement in EBITDA year-on-year. Also, profit before tax was up 39%, and that's a very important number. Just I'll talk a bit about the fact that we're now a full total taxpayer is a fairly significant item for us in the year that now has normalized a lot of things in the business.

In terms of general

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