Proactive - Interviews for investors

Accesso chief executive on H1 performance, acquisition strategy and AI opportunities

Episode Summary

Accesso Technology Group PLC (LSE:ACSO, OTC:LOQPF) chief executive Steve Brown talked with Proactive's Stephen Gunnion about trading momentum after June’s heat-wave, the integration of recent acquisitions, upcoming AI features and how the company is thinking about capital allocation. Brown said July and August trading returned to expectations after a softer June, noting that “what we lost in June, we gained in July,” with August looking “more in line with our expectations.” He outlined how a refreshed commercial focus is improving win rates by narrowing teams onto specific products (including Paradocs, Horizon, 1RISK and Freedom) and strengthening sales enablement — from faster responses to better proposals — so sales directors are better supported. On M&A, Brown explained the strategic fit of 1RISK, a waiver platform widely used by Accesso’s ski customers, producing roughly 4–5 million waivers annually. Bringing it in-house should allow deeper product integration and provide a competitive edge, with use cases extending beyond ski to projects such as Horizon deployments in Saudi Arabia. Looking ahead, Accesso is developing voice-based, self-service ordering — for example, booking tickets via natural speech and completing payment through Apple Pay or Google Wallet. Prototypes for Passport and Freedom are complete, with a debut in the coming months and general availability targeted for next year. On the outlook, Brown highlighted resilient cash generation and said the company will prioritise acquisitions but could consider buybacks or other returns depending on opportunities and valuation. Adjusting for a one-off hardware sale last year, revenue was up 1.2% on a constant-currency basis. “We’ll continue to focus on acquisitions first… and if we don’t see the acquisition opportunities there, we’re going to focus on buybacks and other ways to return that capital to our shareholders,” he said. If you found this useful, visit Proactive’s YouTube channel for more interviews. And don’t forget to like, subscribe and turn on notifications for future content. #Accesso #SteveBrown #ThemeParks #Ticketing #GuestExperience #AICommerce #VoiceOrdering #Horizon #1RISK #Investing #UKSMEs #CapitalAllocation #Buybacks #MergersAndAcquisitions #SaaS