Market's view on Elixirr International
Published on April 2024
- Elixirr International achieved strong financial performance in FY 2023, with significant growth in revenue, EBITDA, and profit before tax.
- The company’s adjusted EPS exceeded expectations, with a 22% increase compared to the previous year.
- Elixirr continues to implement its four-pillar growth strategy, including partner development, new hires, promotions, and acquisitions, notably acquiring AI firm Responsum and transformation firm Insigniam.
- The firm’s momentum is expected to continue, with projected FY 24 revenue between £104-110 million.
- Elixirr received multiple accolades, including being named in the Financial Times’ 2023 ‘UK Leading Management Consultants’ list.
- There are observations on the general downturn in the consulting sector, with other firms like McKinsey making significant staff cuts.
- Elixirr has declared a change in dividend policy, with two dividends per year and an interim dividend increased by 37%.
- The company’s share price has shown volatility, with discussions around its valuation compared to peers and market expectations.