AIM favourites have contrasting experiences
AIM favourites covered in our update here are popular holdings for many AIM Inheritance Tax portfolios. While one has been a beneficiary of the remote working environment and seen growth continue, the other has reported perhaps the most challenging year in its long history. Is it a buying opportunity or time to sell?
GetBusy: decent growthGetBusy (LON: GETB), the developer of document management and task management software , issued encouraging results for the year ending 31 December 2020 with decent top line growth. GetBusy's document management and task management software enables over 67,000 professional paying users around the world to digitise their operations and be productive while working in the office or remotely – so it should have had a reasonable year given the environment. Total revenue rose 12% to £14.2m of which recurring revenue was up a similar amount to £13m, equivalent c92% of total revenues, up from 90% in 2019. Growth…