S7 Ep3: Midweek Takeaway with Angus Forrest, Executive Chairman of Acuity Risk Management #ACRM

Phil Carroll and Kevin Hornsby talk to Angus after Acuity reported impressive results for the nine months ending December 2023, with record revenues of approximately £1.4 million and a 44% increase in sales orders, marking strong growth since the acquisition of Acuity Risk Management Limited in April 2023. The company secured its largest-ever contract valued at £561,000 and achieved an 85% contract renewal rate in 2023. The forward contracted revenue stood at £2.9 million, indicating a promising outlook. Acuity's partnerships network expanded significantly, collaborating with established partners and appointing new ones, fostering a pipeline of potential sales prospects worth £7.9 million by the end of 2023. Furthermore, the recent contract win worth £105,000 reaffirms the company's growth trajectory.Disclaimer & Declaration of InterestThe information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion