EAGLE EYE SOLUTIONS GROUP PLC Eagle Eye Solutions Group plc
Continued progresswith significant opportunitiesas the world becomes more
digital. Annual Report & Accounts 2020
The best-in-class loyalty and promotions SaaS platform for leading omnichannel retailers globally.
Eagle Eye enables companies to digitally connect to their customers through promotions, loyalty, apps, subscriptions and gift services.
Overview | Governance | ||
01 | Highlights | 30 | Board of Directors |
02 | At a Glance | 32 | Corporate Governance Statement |
36 | Remuneration Committee Report | ||
Strategic Report | 43 | Directors' Report | |
06 | Chairman's Statement | 45 | Statement of Directors' Responsibilities |
10 | Chief Executive Officer's Statement | ||
20 | Financial Review | Financial Statements | |
24 | Principal Risks and Uncertainties | 46 | Independent Auditor's Report |
28 | Section 172 (1) Statement and | 50 | Consolidated Statement of |
Stakeholder Engagement | Total Comprehensive Income | ||
51 | Consolidated Statement of | ||
Financial Position | |||
52 | Consolidated Statement of | ||
Changes In Equity |
- Consolidated Statement of Cash Flows
- Notes to the Consolidated Financial Statements
- Company Statement of Financial Position
- Company Statement of Changes In Equity
- Notes to the Company Financial Statements
Other Information
- Notice of Annual General Meeting
- Company Information
- Contact Information
OVERVIEW | STRATEGIC REPORT | GOVERNANCE | FINANCIAL STATEMENTS | OTHER INFORMATION |
01-05 | 06-29 | 30-45 | 46-82 | 83-87 |
Highlights
How we did financially
How we did operationally
Group revenue
£20.4m
(2019: £16.9m)
+21%
Read more on page 22
Recurring revenue, from subscription fees and transactions
£14.9m
(2019: £12.0m)
+73%
Read more on page 22
Recurring revenue % of Group revenue
73%
(2019: 71%)
+2ppts
Read more on page 22
Gross margin
94%
(2019: 93%)
+1ppt
Read more on page 22
Adjusted EBITDA1
£3.3m
(2019: £0.7m)
+359%
Read more on page 23
Net cash inflow2
£2.8m
(2019: Outflow of £1.6m)
Read more on page 23
Continued growth of the Tier 1 customer base both in the UK and in new geographies resulting
in an uplift in 'win' related revenue.
Two flagship international clients won and reached go-live in the year, The Warehouse Group in New Zealand and Southeastern Grocers in the USA.
01 | ||
Growing number of | ||
powerful collaborations | ||
to target the US market: | ||
dunnhumby, Ecrebo and | ||
News America Marketing. | ||
AIR volumes grew by | ||
140% year-on-year to | ||
2.1bn (FY19: 0.9bn). | ||
Continued innovation and | ||
platform enhancements, | ||
including 30% improvement | ||
in speed and responsiveness | ||
and new analytics | ||
integrations. |
Contract extensions with
Sainsbury's, ASDA and
JD Sports in the UK.
Long-term contract customer churn rate by value remained very low at 0.9% (FY19: 0.8%).
- EBITDA has been adjusted for the exclusion of share-based payment charges along with depreciation, amortisation, interest and tax from the measure of profit.
- Net cash/(debt) is cash and cash equivalents less borrowings.
At a Glance
One platform, many products
Our Eagle Eye AIR platform enables clients to attract, interact with
and retain consumers.
AIR
02 | Coupons | Loyalty | Apps | Subscriptions | Gift |
What the world's largest retailers need
We believe there are three key components to success when it comes to winning in the always-on, omnichannel world.
Data management | Transactional | User Experience |
capability |
Structure, manage and | Deliver the right action to | Entice and engage the |
store data to enable | the end customer at the | customer with the right |
advanced analytics and | Point of Sale and capture | content in the right |
customer insights to drive | all data points | channels |
future transactions |
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Disclaimer
Eagle Eye Solutions Group plc published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 09:04:04 UTC
