Skillcast Group PLC, a governance, risk, and compliance (GRC) software and e-learning provider, released its audited financial results for the year ended December 31, 2024. The company reported strong growth in recurring revenues, a return to profitability, and an increased dividend. Skillcasts total revenue increased by 17% to £13.2 million, driven by a 29% growth in subscription revenue. The companys EBITDA improved by £1.1 million to £0.5 million, and it ended the year with a robust balance sheet, including a net cash position of £9.1 million. Skillcasts ARR increased by 25% to £11.6 million, with subscription revenues doubling since the companys IPO in December 2021. The companys gross margin also improved by 3.9 percentage points to 73.6%. Skillcasts operational highlights include the development of an AI digital assistant, Aida, and the recruitment of a Head of Marketing to drive marketing activities and the launch of a new website. The companys Chairman, Richard Amos, expressed confidence in Skillcasts innovative GRC product portfolio, proven business model, and talented team as it enters the next stage of its development.