Elixirr International PLC
LSE:ELIX
Elixirr International PLC
Elixirr International Plc provides management consultancy services. The firm is principally engaged in the provision of consulting services, delivering and bespoke solutions to a globally recognized client base, including creative and marketing services. The Company’s operating subsidiaries in the United Kingdom include Elixirr Consulting Limited, Elixirr Consulting Services Limited, Elixirr Creative Limited, Den Creative Limited and Coast Digital Limited. The firm also has an operating subsidiary in the United States (Elixirr LLC) and foreign branches in South Africa and Australia.
Elixirr International Plc provides management consultancy services. The firm is principally engaged in the provision of consulting services, delivering and bespoke solutions to a globally recognized client base, including creative and marketing services. The Company’s operating subsidiaries in the United Kingdom include Elixirr Consulting Limited, Elixirr Consulting Services Limited, Elixirr Creative Limited, Den Creative Limited and Coast Digital Limited. The firm also has an operating subsidiary in the United States (Elixirr LLC) and foreign branches in South Africa and Australia.
Strong Growth: Elixirr reported revenue of GBP 71.4 million, up 35% year-on-year, with 17% organic growth—at the top of their targeted range.
Profitability: Gross profit rose 40%, adjusted EBITDA grew 42% at a 30% margin, and adjusted profit before tax increased 38%.
Cash Generation: Free cash flow was GBP 7.9 million, up 12% despite bonus seasonality, and leverage remains low at around 0.6x EBITDA.
Major Acquisition: Elixirr announced its largest-ever deal with the acquisition of TRC Advisory, expanding U.S. presence and capabilities.
AI Consulting Momentum: Management highlighted booming AI consulting demand, with GBP 10 million in AI-specific contracts since the start of 2024.
Employee Ownership: Over 70% of employees participated in the share purchase plan, reinforcing the company’s ownership culture.
Strategic Ambitions: The company reiterated medium- and long-term goals to reach a $1 billion market cap and enter the FTSE 100.
Guidance Confidence: Management expressed confidence in sustaining historic growth rates and maintaining strong financial performance.