Systems Limited (SYS): CY24 Analyst Briefing Takeaways - By AKD Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Systems Limited (SYS) held its analyst briefing today to discuss CY24 financial results and the future outlook of the company. Following are the key points:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company posted highest ever revenue of PkR67.5bn in CY24 compared to PkR53.4bn in SPLY, an increase of 26%YoY. Of the total revenue, 94% is generated in foreign currency. Company has achieved a 5-year revenue CAGR of 62%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Clients with revenue above US$100k currently stand at 250, compared to 236 in CY23. Moreover, the number of clients in the US$3&ndash;5mn range has risen to 11, up from 4 in CY23.</spa...