Access Intelligence sees first-half revenue up 50% as Pulsar acquisition boosts growth

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Technology company Access Intelligence said it expected first-half revenue to grow by 50% this year boosted by the acquisition of Pulsar.

For the six months ended 31 May 2020, the company anticipated revenue to be £9.4m, a year on year increase of over 50%.

Excluding the acquisition of Pulsar, however, revenue was expected to grow by 10%.

Annual Contract Value was expected to grow by £1.04m more than double the £0.45m increase reported last year.

Commenting on the impact of the Covid-19, the company said its ability to generate new business in line with its original 2020 expectations remains unclear. The company added that it was 'inappropriate to provide forward-looking guidance until the overall impact of Covid-19 becomes clearer.'