Vista Group International (VGL) presentation summary

2024 performance highlights

• Achieved record total revenue of $150.0m, up 5% from 2023, with recurring revenue at $134.6m, up 9% year-on-year.

• SaaS revenue grew 21% to $55.7m, and ARR reached $145.6m, a 15% increase.

• EBITDA rose 62% to $21.6m, with EBITDA margins at 15.5% (excluding FX losses).

• Net profit before tax was $1.8m, a turnaround from prior losses; operating cash flow increased 87% to $16.8m.

• Share price appreciated by 88% in 2024, and free cash flow was positive in the second half.

Strategic and operational progress

• Accelerated cloud delivery, with 15% of clients on Digital Solutions by end of 2024 and 35% targeted by end of 2025.

• Signed 17 new clients in 2024, with nearly 700 sites now using Vista Cloud.

• Released over 45 new features on Vista Cloud and Movio EQ.

• Major client wins in 2025 include Odeon, Cinergy, Village Cinemas, and others.

• Odeon signed for Operational Excellence across 309 sites; Pathé Cinemas went live on all 130 sites.

Platform and growth aspirations

• Maintains aspiration for $300m ARR at 100% platform adoption.

• Focus on expanding platform breadth and exploring adjacent opportunities such as payments, family entertainment, and film distribution.

• Clients report improved scalability, operational efficiency, and digital experiences after cloud migration.