GB Group PLC (OTCPK:GBGPF)
$ 4.55 0 (0%) Market Cap: 1.08 Bil Enterprise Value: 1.18 Bil PE Ratio: 107.31 PB Ratio: 1.47 GF Score: 77/100

Full Year 2023 GB Group PLC Earnings Call Transcript

Jun 15, 2023 / 08:00AM GMT
Release Date Price: $3.93
Christopher Graham Clark
GB Group plc - CEO & Executive Director

Good morning, and thank you very much for joining GBG for our full year results presentation. I'm Chris Clark, CEO of GBG plc, and I'm delighted today to be joined on the call by our CFO, David Ward. In terms of agenda, I'll start by giving an overview of our trading results and strategic progress we've made during the period. I'll then hand to David, who will do a deep dive into the financials. And then I'll wrap up with a summary and a forward view of our priorities for this financial year. And of course, we'll close with a Q&A session.

In summary, FY '23 has been a challenging year for all of GBG's stakeholders. However, we've made significant strategic progress and delivered some very strong growth, particularly in Location and Fraud. The challenge was primarily driven by a specific contained issue with regards to Internet economy customers impacting our Identity business in the United States that saw significant post-pandemic corrections. In terms of the important strategic progress we've made during the period,

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