Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2023 Rev YoY: N/A EPS YoY: N/A Move: +3.33%

accesso Technology Group

ACSO.L

£279.00 3.33%

Exchange LSE Sector Technology Industry Software Application

Q4 2023

Published: Dec 31, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for ACSO.L

Reported

Report Date

Dec 31, 2023

Quarter Q4 2023

Revenue

84.47M

YoY: N/A

EPS

0.20

YoY: N/A

Market Move

+3.33%

Previous quarter: N/A

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Earnings Highlights

Revenue of $84.47M up 0% year-over-year
EPS of $0.20 increased by 0% from previous year
Gross margin of 72.4%
Net income of 8.39M
"N/A" - N/A

ACSO.L

Company ACSO.L

Period Q4 2023

Currency USD

Report Type Quarterly Earnings

Generated Mar 7, 2026

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Executive Summary

accesso Technology Group delivered a solid QQ4 2023 quarter, highlighted by a 25.0% QoQ expansion in revenue to USD 84.47 million and a robust gross margin of 72.4%. The company generated EBITDA of USD 16.38 million and net income of USD 8.84 million, translating to a net margin of 9.93% and EPS of USD 0.202. Free cash flow (FCF) amounted to USD 24.98 million, supported by USD 26.68 million in operating cash flow and modest capital expenditure of USD 1.70 million. The balance sheet remains healthy with USD 51.81 million of cash and cash equivalents, a net debt position of negative USD 29.50 million, and total stockholders’ equity of USD 193.50 million. Key liquidity metrics show a current ratio of 1.80 and a quick ratio near 1.77, underscoring ongoing liquidity strength despite a leveraged-free cash flow profile.

Key Performance Indicators

Revenue

Stable

84.47M

QoQ: 25.04% | YoY: N/A

Gross Profit

Stable

61.18M

72.44% margin

QoQ: 38.72% | YoY: N/A

Operating Income

Stable

11.07M

QoQ: 547.24% | YoY: N/A

Net Income

Stable

8.39M

QoQ: 1 407.25% | YoY: N/A

EPS

Stable

0.20

QoQ: 1 367.51% | YoY: N/A

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue: USD 84.47 million; QoQ growth: 25.04%; YoY not disclosed for QQ4 2023 period.
- Gross Profit: USD 61.18 million; Gross Margin: 72.44% (0.7244).
- EBITDA: USD 16.38 million; EBITDA Margin: 19.39% (0.1939).
- Operating Income: USD 11.07 million; Operating Margin: 13.10% (0.1310).
- Net Income: USD 8.84 million; Net Margin: 9.93% (0.0993).
- EPS (diluted): USD 0.202; Weighted Avg Shares: 40.2739 million.
- Operating Cash Flow: USD 26.68 million; Capex: USD 1.70 million; Free Cash Flow: USD 24.98 million.
- Balance Sheet Highlights: Cash and cash equivalents USD 51.81 million; Total assets USD 273.97 million; Goodwill USD 138.30 million; Intangibles USD 26.89 million; Total current assets USD 88.34 million; Total current liabilities USD 49.20 million; Total liabilities USD 80.47 million; Equity USD 193.50 million.
- Liquidity and Leverage: Current ratio 1.80; Quick ratio 1.77; Debt/Capitalization 10.3%; Debt/Equity 11.5%; Interest Coverage 6.97x; Net Debt position negative USD 29.50 million (net cash).
- Efficiency: DSO 5.70 days; DIO/Inventory Outstanding 5.45 days; Cash Conversion Cycle negative (−87.50 days).

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	84.47M	N/A	25.04%
Gross Profit	61.18M	N/A	38.72%
Operating Income	11.07M	N/A	547.24%
Net Income	8.39M	N/A	1 407.25%
EPS	0.20	N/A	1 367.51%

Key Financial Ratios

Gross Profit Margin

Excellent

72.40%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Fair

13.10%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

9.93%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

2.42%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

3.43%

Return on equity suggests inefficient capital allocation

Current Ratio

Healthy

1.80

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

0.12

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Value

11.16x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Fair Value

1.53x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	33.95	0.02	-19.6%	View
Q1 2025	33.95	0.02	-47.5%	View
Q2 2024	69.24	0.00	+40.8%	View
Q4 2023	84.47	0.20	+0.0%	View

accesso Technology Group (ACSO.L) Q4 2023 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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