IXICO Company reports fast tracked achievement of initial year positive EBITDA, 40% revenue growth and strong cash position
IXICO plc (AIM: IXI), the AI data analytics company delivering insights in neuroscience, is pleased to announce a trading update for the year ended 30 September 2019. IXICO is expecting its first full year of positive earnings before interest, tax, depreciation and amortisation (“EBITDA”) since listing. This better than forecast performance has been driven by accelerated revenue growth and builds on the breakeven performance reported in the Company’s interim statement.