Ideagen PLC provided earnings guidance for the year ended April 30, 2017. For the year, the company expects to report revenue of approximately £27.1 million a compared to £21.9 million a year ago. Adjusted EBITDA of approximately £7.8 million compared to £6.3 million a year ago, both having increased by approximately 24%, and a significant increase in adjusted EPS, which continues to be an important financial metric for the Group. Cash generation was extremely strong at the end of the financial year and accordingly net cash at April 30, 2017 was significantly ahead of market forecasts at £4.2 million (31 October 2016: £4.8 million), even after paying £4.6 million of consideration for the acquisitions of IPI Solutions and Gael (deferred) and £0.3 million in dividends. The board expects to report that cash generated by operations will be in excess of 100% of adjusted EBITDA.