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GetBusy – ‘ahead of expectations’…but how demanding is that?

By Steve Moore | Wednesday 14 December 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “a leading provider of productivity software for professional and financial services”, GetBusy plc (GETB) has issued a trading update including “revenue for 2022 is expected to grow by 24% to at least £19.1m (2021: £15.5m), around 4% ahead of the previously upgraded market expectations… Net cash at 30 November 2022 was £2.2m and the group's £2m debt facility remains entirely undrawn… tailwinds of digital transformation, cyber security, privacy legislation and hybrid working”. So what of a current share price response up 4.2% to 62p?
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