Tribal Group PLC 2024 AR2
The report highlights Tribal Group's financial and operational performance for 2024, emphasizing its transition toward a pure-play EdTech SaaS business. Financially, the company achieved revenue growth of 6.0% to #90.0 million and a 17.8% increase in adjusted EBITDA to #16.7 million, driven by strong cloud-related revenues. Operationally, Tribal successfully migrated key customers like the University of Exeter to the Tribal Cloud and introduced its new Higher Education Full-Service subscription pricing model. On the sustainability front, the company reduced its Scope 1 and Scope 2 emissions to 32.83 tCO2e and Scope 3 emissions to 21.37 tCO2e, while continuing its commitment to achieve net-zero emissions by 2050.
Company: Tribal Group PLC
Sector: Consumer Discretionary
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 114
Tribal Group PLC
Annual Report & Accounts
The report highlights Tribal Group's financial and operational performance for 2024, emphasizing its transition toward a pure-play EdTech SaaS business. Financially, the company achieved revenue growth of 6.0% to #90.0 million and a 17.8% increase in adjusted EBITDA to #16.7 million, driven by strong cloud-related revenues. Operationally, Tribal successfully migrated key customers like the University of Exeter to the Tribal Cloud and introduced its new Higher Education Full-Service subscription pricing model. On the sustainability front, the company reduced its Scope 1 and Scope 2 emissions to 32.83 tCO2e and Scope 3 emissions to 21.37 tCO2e, while continuing its commitment to achieve net-zero emissions by 2050.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Women on Board
Net Zero Target
Employees