Gattaca PLC
XBER:MNZ
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Gattaca PLC
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Gattaca PLC
Gattaca Plc engages in providing recruitment solutions & support to employers in the engineering and technology sectors. The company is headquartered in Whiteley, Hampshire and currently employs 540 full-time employees. The company went IPO on 2006-10-27. The firm operates through three segments: UK Engineering, UK Technology and International. Its UK Engineering segment encompasses those services within engineering. The Company’s UK Technology segment encompasses those services within technology and information technology (IT). Its International segment comprises its operations principally in North America. The Company’s geographical areas include the United Kingdom (UK), Rest of Europe, Middle East and Africa, Americas, and Asia Pacific. Its markets include defense, energy, finance, banking and insurance, infrastructure, mobility, public sector technology, retail, manufacturing and life sciences, and technology, media and telecommunications.
Gattaca Plc engages in providing recruitment solutions & support to employers in the engineering and technology sectors. The company is headquartered in Whiteley, Hampshire and currently employs 540 full-time employees. The company went IPO on 2006-10-27. The firm operates through three segments: UK Engineering, UK Technology and International. Its UK Engineering segment encompasses those services within engineering. The Company’s UK Technology segment encompasses those services within technology and information technology (IT). Its International segment comprises its operations principally in North America. The Company’s geographical areas include the United Kingdom (UK), Rest of Europe, Middle East and Africa, Americas, and Asia Pacific. Its markets include defense, energy, finance, banking and insurance, infrastructure, mobility, public sector technology, retail, manufacturing and life sciences, and technology, media and telecommunications.
Growth: Gattaca said first-half net fee income rose 13% year on year, helped by stronger contract recruitment and the InfoSec acquisition, while permanent recruitment stayed weak.
Profit: Profit before tax increased to GBP 3 million from GBP 1 million a year earlier, showing better operating momentum even in a tough market.
Outlook: Management said it remains cautious on permanent hiring and the wider market, but the Board is optimistic and recently upgraded full-year outlook to GBP 4.5 million.
Mix shift: Contract work now makes up 77% of net fee income, reflecting the company’s push toward more stable, project-based work.
Investment: The company plans to hire more sales people in the second half, which should support growth but will also pressure near-term costs.
Cash: Net cash fell to GBP 13 million after the InfoSec deal, dividend payments, and higher working capital tied to contractor growth.
