Financial Results

Gamma’s first half performance included revenue growth of 10% to £282.5m and an increase of gross profit by 11% to £145.8m. Adjusted EBITDA grew by 10% to £62.2m.

Aspire Technology Solutions has reported a 23.6% increase in revenue for the year ending 29th February 2024, reaching almost £40m.

NFON has entered the AI market with the acquisition of botario, a company specialising in the development and implementation of advanced solutions for business communication.

Advantex has doubled sales revenues to £12m in the last year spurred by contract wins across the north east’s manufacturing, hospitality and education sectors.

In a business update Aryaka has reported significant growth in partner-led sales of its Unified SASE as a Service soluti

Cisco CFO Scott Herren has told analysts that an AI-focused restructure may see the company lay off near 7 per cent of its workforce (around 6000 people).

Commsworld reported a 45% rise in adjusted EBITDA and a 28% increase in turnover, spurred by its public sector wins.

Maintel’s EBITDA grew by 28.2% to £4.8m for the six months ended 30 June 2024 driven by new wins in target growth markets, a new streamlined business structure and price increases.