The dotDigital Group Board has agreed to maintain a progressive dividend in line with Group EBITDA growth. Therefore, subject to approval at the AGM in December 2021, the Board proposes that the Group will pay a final dividend of 0.86p per ordinary share (FY20: 0.83p).
Other financial highlights include:
Organic revenue growth of 23% to £58.1m (FY20: £47.4m)
Recurring revenue as a percentage of total revenue increased to 93% (FY20: 91%)
Monthly ARPC increased 16% to £1,251 (FY20: £1,083 per month)
Adjusted EBITDA grew 9% to £19.8m (FY20: £18.2m) and adjusted operating profit grew 5% to £13.7m (FY20: £13.1m)
Adjusted EPS from continuing operations was 4.06p (FY20: 3.90p)
Strong net cash balance at 30 June 2021 of £32.0m (30 June 2020: £25.4m)