Record full year order intake in up 19% to £74m on FY21 (£62m), providing good visibility into FY23.
Contract wins and extensions which increase average tenure across both our PSS and EIM Public Sector Software (PSS) and Engineering Information Management (EIM) businesses.
Further enhancement of the Group's geographic information system mapping (Geospatial)capabilities with the acquisition of LandHawk.
Good growth of revenue and profit in Public Sector Software (PSS) buoyed by FY21 acquisitions; stable performance in Engineering Information Management (EIM) despite difficult market conditions.
Continued upscaling of Pune, India, centre of excellence to increase efficiency, capability and knowledge sharing.
Clear focus on innovation and consolidation of our product portfolio, including our continuing journey to transition to cloud across the portfolio.
Financial Year Ended 31 October 2022
3
Financial review
Anoop Kang
Idox plc - FY Results presentation
4
Financial highlights FY22
Positive impact of FY21 acquisitions on revenue.
Recurring revenues increased in the year with strong performance in local government, Idox Cloud and FY21 acquisitions.
Improved earnings in year despite inflationary cost pressures in market.
Strong cash generation has further reduced net debt.
High levels of headroom in banking facilities to fund acquisitions.
Final dividend up 25% at 0.5p per share (2021: 0.4p), reflecting continuing growth opportunities, strong financial position and confidence in the future.
£66.2m
£40.5m
£74m
FY21: £62.2m
FY21: £36.3m
FY21: £62m
Revenue
Recurring revenue
Order book
+6%
+12%
+19%
£22.5m
2.44p
£6.7m
FY21: £19.5m
FY21: 2.27p
FY21: £8.1m
Adjusted EBITDA*
Adjusted FD EPS
Net Debt
+15%
+7%
-18%
Adjusted EBITDA is defined as earnings before amortisation, depreciation, restructuring, acquisition costs, impairment, corporate finance costs and share option costs.
Financial Year Ended 31 October 2022
5
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IDOX plc published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 07:32:02 UTC.
Idox plc is a United Kingdom-based supplier of specialist information management software and solutions to the public and asset intensive sectors. The Company operates through three segments: Land Property & Public Protection (LPPP), Assets, and Communities (COMM). Its LPPP segment delivers specialist information management solutions and services to the public sector. The Companyâs Assets segment delivers engineering document management and control solutions to asset intensive industry sectors. Its COMM segment delivers software solutions to clients with social value running through their core. Its solutions include regulatory services, engineering information management, computer aided facility management (CAFM), public protection, electoral services, social care and special educational needs and disabilities (SEND), sexual health management, funding and information services, transport network management, hospital asset tracking and records management, and address data solutions.
IDOX PLC 
