We're excited to announce that Equals has significantly exceeded full year expectations for both revenues and adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation).
More than that, our growth is accelerating, with revenues +51% for the year to date and +105% between the 1st of October and the 6th of December 2021.
What is driving our growth?
Underlying revenues rose by 45% over the year to date and 78% in Q4 2021 up to 6th December. These increases have been largely driven by demand for our ‘Equals Solutions’ proposition, where we meet complex customer needs with our existing platform capability, which has generated £3.1 million in the YTD and £1.2 million in the period October 1st to 6th December 2021.
Group revenue for the Period was £11.6 million compared to £5.7 million for the same period last year, which is an increase of 105%. Group revenue for the year to date was £40.4 million compared to £26.8 million for the same period in 2020, which is an increase of 51%.
What does this mean for our customers?
Simply put, this means you can continue to trust us to support you with your business finances. By us continuing to grow and increase our revenue, we can put more effort into releasing new and exciting features to make our products better for you and your business.