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Idox provides steady and profitable growth

The government council software provider has a strong order book and is expanding its already strong margin
June 8, 2023
  • Order intake up 23 per cent to £52mn
  • Free cash flow generation rises 84 per cent

Idox (Idox) is finding UK government council clients to be a reliable set of customers, with its margin expanding and order book rising. The company sells management and regulation software, and managed to expand its adjusted cash profit (Ebitda) margin by 1 percentage point to 34 per cent in the six months to April.

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