Even though December benefits time is more than for Uk larger caps, it is a really occupied week for Uk modest caps. In the meantime, in an otherwise subdued week in the US, Dublin-centered consulting huge Accenture is anticipated to be the emphasize amid the handful of tech connected businesses reporting.
The week forward
In the Uk, we foresee December remaining benefits from (LON: CCC), (LON: BGO), (LON: KRM), (LON: BOKU), (LON: KAPE), (LON: TRB) and Emis Group PLC (LON: EMIS) and interims from (LON: EYE). In the meantime, (LON: OCDO) is anticipated to release a first-quarter trading update on Thursday.
Computacenter, the info technological know-how solutions provider, experiences its remaining benefits tomorrow. In its trading update in late January, the firm greater its assistance nevertheless once more, with adjusted financial gain just before tax “in extra of £195mln”, up from “no significantly less than £190mln” in the December update. Total revenue grew by 8% or three% excluding the effect of acquisitions, and the team shut the 12 months with adjusted net funds, excluding IFRS16 lease liabilities, of close to £188mln. The firm mentioned the optimistic momentum in trading confirmed no indicators of slowing down, and its pipelines for both technological know-how sourcing and solutions are as potent as at any time in the last 12 months
Bango, the mobile commerce operator that connects payment providers, merchants, and application outlets, releases its remaining benefits tomorrow. In its trading update in January, it mentioned that revenue was forward of expectations at £12.2mln, reflecting 70% growth, whilst adjusted fundamental earnings (EBITDA) were expected to exceed £4mln. Conclusion-person shell out jumped to £1.9bln, up from £1.1bln in 2019, boosted by world lockdowns, which drove more users on line and accelerated the adoption of digital payments by merchants and customers. The team finished the 12 months with net money of £5.83mln. Before this thirty day period, Bango declared the appointment of Matt Garner as its main money officer.
KRM22, which is concentrated on money marketplaces chance management, announces its remaining benefits tomorrow. In its January trading update, it mentioned it expects to report revenue of £4.6mln, up from £4.1mln in 2019, whilst the EBITDA reduction shrank to £0.1mln from £3.1mln. Annualised recurring revenue stood at £4.3mln at the conclude of December, reflecting continual-currency growth of close to five%, and the team ended the interval with gross money of £2.0mln and net financial debt of £1.0mln. In February, KRM22 declared a partnership with Kintail Consulting to address the spot of people today and society chance in money marketplaces.
Boku, which delivers direct provider billing, releases its remaining benefits tomorrow. In its January trading update, it mentioned it expects to report both revenues and EBITDA forward of the present-day market place consensus expectations. Revenues are anticipated to expand by at the very least twenty% to US$56.3mln whilst adjusted EBITDA is anticipated to more than double to US$fifteen.0mln. The firm has progressed on launching wallets as a new payment approach, to begin with to its present merchants, with 11 wallets dwell supported with substance quantity growth, albeit off a modest base. Since the update, Boku has declared quite a few new partnerships, like with Microsoft for direct provider billing payment approach in South Korea & Saudi Arabia.
Eagle Eye, the marketing and advertising technological know-how firm, releases its interim benefits tomorrow. In its January trading update, it mentioned it expects to report revenue growth of 8% to £10.8mln with adjusted EBITDA up 62% at £2.1mln. The team swung to a net money posture of £0.1mln at the interval conclude. The firm mentioned the outlook for the present-day money 12 months remained in line with the board’s expectations, notwithstanding the effect that the pandemic has had on the meals and beverage and non-grocery consumer segment.
Kape, the digital safety and privacy software program small business, announces its remaining benefits on Wednesday with revenue at the higher conclude of management’s forecasted vary and adjusted EBITDA forward of management’s expectations. Earnings grew by 85% to about US$122.2mln, with recurring revenue symbolizing close to 89%, and adjusted EBITDA jumped by 168% to close to US$39.0mln as the margin expanded substantially to 31.9% from 22.% in 2019. Very last week Kape declared the acquisition of Webselenese, a rapidly-escalating Israel-centered publishing small business concentrated on purchaser privacy and safety articles, for US$149.1mln on a net money foundation.
Tribal, the provider of software program and solutions to the global education market place, announces remaining benefits on Wednesday. In its trading update in January, it mentioned it expects to report benefits in line with present-day market place expectations that were being upgraded in October. It expects to report a seven% dip in revenue to £73mln, with adjusted EBITDA easing by three% to £14.9mln. More substantially, annual recurring revenue (ARR) greater by twelve% more than the twelve months to stand at £47.5mln, reflecting the group’s technique to make the transition to software program as a provider (SaaS). Very last week, the firm declared the appointment of Diane McIntyre as its main money officer, with effect from one June.
Emis, the healthcare software program and methods firm, announces remaining benefits on Thursday. In its January update, it mentioned that adhering to an advancement in the 2nd 50 %, trading for the 12 months was marginally forward of the board’s expectations, with both revenue and adjusted working financial gain preserved at related levels to the preceding 12 months. The team retains a potent equilibrium sheet with net money of £53.0m at the interval conclude.
Throughout the pond, it remains silent on the earnings front with anticipated to be the emphasize, reporting 2nd-quarter (Q2) quantities on Thursday. Other tech-connected organizations reporting include things like PAR Know-how, Yalla, Coupa Software, Crowdstrike, Jabil and Smartsheet.
Date | Organization | Function | Period ending |
sixteen-Mar | Crealogix | Closing benefits | 31-Dec |
sixteen-Mar | Computacenter | Closing benefits | 31-Dec |
sixteen-Mar | Bango | Closing benefits | 31-Dec |
sixteen-Mar | KRM22 | Closing benefits | 31-Dec |
sixteen-Mar | Boku | Closing benefits | 31-Dec |
sixteen-Mar | Eagle Eye | Interim benefits | 31-Dec |
seventeen-Mar | Kape | Closing benefits | 31-Dec |
seventeen-Mar | Tribal | Closing benefits | 31-Dec |
eighteen-Mar | Emis | Closing benefits | 31-Dec |
eighteen-Mar | Ocado | Q1 trading | 28-Feb |
22-Mar | Blackbird | Closing benefits | 31-Dec |
23-Mar | Alfa Monetary Software | Closing benefits | 31-Dec |
23-Mar | Loopup | Closing benefits | 31-Dec |
23-Mar | Accesso | Closing benefits | 31-Dec |
23-Mar | essensys | Interim benefits | 31-Jan |
24-Mar | Keywords Studios | Closing benefits | 31-Dec |
24-Mar | Interim benefits | 31-Jan | |
24-Mar | Closing benefits | 31-Dec | |
24-Mar | Telit Communications | Closing benefits | 31-Dec |
25-Mar | Understanding Technologies | Closing benefits | 31-Dec |
25-Mar | IQGeo | Closing benefits | 31-Dec |
25-Mar | IQE | Closing benefits | 31-Dec |
29-Mar | Quixant | Closing benefits | 31-Dec |
29-Mar | Dev Clever | Closing benefits | 31-Oct |
thirty-Mar | Dialight | Closing benefits | 31-Dec |
thirty-Mar | K3 Organization Know-how | Closing benefits | thirty-Nov |
31-Mar | Observing Equipment | Interim benefits | 31-Dec |
7 days of 29 Mar | Cellular Twister | Closing benefits | 31-Dec |
April | Provide@Me | Closing benefits | 31-Dec |
08-Apr | Interim benefits | 31-Jan | |
08-Apr | Alpha FMC | Trading update | 31-Mar |
twelve-Apr | Quixant | Closing benefits | 31-Dec |
thirteen-Apr | XLMedia | Closing benefits | 31-Dec |
21-Apr | Pennant | Closing benefits | 31-Dec |
28-Apr | Closing benefits | 31-Jan | |
29-Apr | Proactis | Interim benefits | 31-Jan |
April | AdEPT Know-how | Trading update | 31-Mar |
Supply: Data from regulatory information and firm internet websites
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