- ARR at KX Insights leaps 69 per cent
- Not all business units performing evenly
The rapid revenue growth in outsourcing tech specialist FD Technologies’ (FDP) results showed the benefit of a full-year contribution from its data analytics division KX Insights, which benefits from a partnership with Amazon Web Services. For example, this business segment saw its annual recurring revenue (ARR) surge by 39 per cent to £65mn. However, it is still puzzling why the company struggles to maintain consistent profitability with a low capital base?