Today, Vista Group (NZX ASX VGL) outlined its platform-focused strategy to achieve operating and financial targets at its Investor Day presentation.
Vista Group's strategy is to expand its core platform and grow market share with the aim of achieving long-term Group annual recurring revenue (ARR) of $NZD300m+.
The company's three-pronged strategy of supporting clients to rebuild, expanding the core platform, and creating and investing in new opportunities has met positive responses from clients and is bolstered by strengthening box office figures.
The company is targeting 1600-2400 sites on the platform by the end of 2025 with Group ARR of $NZD175m-$NZD205m, with an inflection point in late 2024 expected to deliver free cash flow by the end of 2025 and beyond.
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