Accesso Reports 50% Rise in Cash EBITDA Amid Shift to Connected Software Ecosystem
accesso Technology Group PLC reported a nearly 50% increase in cash EBITDA, driven by cost-cutting measures implemented earlier this year. CEO Lee Cowie highlighted the company's strategic shift from individual products toward an integrated software ecosystem designed to enhance customer experience and operational efficiency across venues. The CEO also emphasized growth opportunities through accesso Intelligence following its acquisition of Dexibit, which brings AI-driven capabilities that integrate with Accesso’s existing platform. Additionally, accessoPay is positioned as a key revenue driver, processing around $5 billion in gross transaction volume annually, with significant potential within the company's current customer base. Looking ahead, Cowie reiterated 2026 guidance and pointed to seasonal demand during October and milestone payments from Saudi Arabia as important factors for future performance.
Topics: acquisition cash EBITDA interim results software ecosystem