Tribal Group PLC 2023 AR2

The report highlights Tribal Group plc's financial and operational performance for the fiscal year 2023, showcasing a 3% revenue growth to #85.7 million and a significant increase in adjusted EBITDA to #14.4 million. The company made substantial progress in its transition to a pure-play Education Technology SaaS business, exiting the year with #54.5 million in Annual Recurring Revenue. Key achievements include the successful pilot of its cloud-native 'Tribal Admissions' software at Edith Cowan University and the establishment of Education Services as a standalone entity. Additionally, the company advanced its ESG strategy by reducing EMEA air travel by 39% over five years, joining the UN Global Compact, and continuing its commitment to achieve net-zero greenhouse gas emissions by 2050.

Company: Tribal Group PLC

Sector: Consumer Discretionary

Country: United Kingdom

Year: 2023

Type: AR2

Pages: 125

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Tribal Group PLC

Tribal Group PLC 2023 Annual Report and Accounts

Annual Report And Accounts

The report highlights Tribal Group plc's financial and operational performance for the fiscal year 2023, showcasing a 3% revenue growth to #85.7 million and a significant increase in adjusted EBITDA to #14.4 million. The company made substantial progress in its transition to a pure-play Education Technology SaaS business, exiting the year with #54.5 million in Annual Recurring Revenue. Key achievements include the successful pilot of its cloud-native 'Tribal Admissions' software at Edith Cowan University and the establishment of Education Services as a standalone entity. Additionally, the company advanced its ESG strategy by reducing EMEA air travel by 39% over five years, joining the UN Global Compact, and continuing its commitment to achieve net-zero greenhouse gas emissions by 2050.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Women on Board

Net Zero Target

Employees