Ideagen PLC provided group earnings guidance for the year ended 30 April 2022. For the year ended 30 April 2022, the group expects to report total revenue up 41% at approximately £92.2 million and adjusted EBITDA1 up 33% to approximately £30.5 million. The company demonstrated strong growth in its high-quality recurring revenues.

Annual Recurring Revenue ("ARR") recognised during the financial year is expected to be £78.9 million, representing 86% of total revenues, up from 83% in the comparative prior period.