Interim results season coming to a close
The week ahead
Alfa Financial Software Holdings PLC (LON:ALFA), which provides software to the asset finance industry, reports interims tomorrow. It shares have risen by 41% since its trading update late last month, when it said that trading for FY20 is now ahead of current market expectations as the strong H1 performance had continued into July. It said that good progress in contract discussions combined with the year-to-date performance, meant that expectations of FY20 revenue have now increased. However, due to the pandemic, the early stage pipeline remains weaker than it would like and the medium-term economic outlook is uncertain. This may impact on revenues in H221 and into 2022.The company said it expects to report H1 revenues of c £38mln with an EBIT of c £10mln and a net cash balance of c £68mln.
Blancco Technology Group PLC (LON: BLTG), which provides data erasure and mobile device diagnostics, reports annual results tomorrow. In its trading update in July it said that FY20 results were expected to be in line with current market expectations with revenue of c £33.4mln and adjusted operating profit of c £4.0mln along with net cash of £6.7mln.
XLMedia PLC (LON: XLM), the digital performance publisher, reports interims tomorrow. In its July trading update, it confirmed that the first half was impacted heavily by a manual penalty being applied by Google to over 100 of the company’s websites (Google deranking) in January this year, along with the COVID-19 pandemic. The focus will be on the group’s business transformation, including the recent cost saving measures, and the possible disposal of its Finnish casino assets. It said it expects to report H1 revenues of c $27.5mln, EBITDA of c $3.5mln and cash balances of c $27.9mln.
Minds Machines Group Ltd (LON: MMX), which owns and operates internet top-level domains, reports interim results on Wednesday. It expects to show a decline in H1 revenue of c 5% in spite of a c 7% increase in billings. This reflects the shift away from one-off brokered billings to channel billings which are generally recognized as revenue over the life of the registration. However, cash generated from operations is expecte to show an increase of 13% to c $2.5mln, reflecting the improvement in billings, with cash on hand at 30 June 2020 rising to $7.3mln.
1Spatial PLC (LON:SPA), which provides location master data management software and solutions, reports interim results on Wednesday. In is AGM trading update in July, it said that customer implementations and projects have largely continued as planned and it had seen a healthy level of new business secured in all geographies, with both new and existing customers, albeit some decision-making remains protracted.
Across the pond, tech-related companies scheduled to report this week include Progress Software, SYNNEX and Micron on Tuesday.
Google is expected to unveil the its Pixel 5 phone, a new Chromecast and other new products at a virtual event on Wednesday.
Date | Company | Event | Period ending |
28-Sep | Crossword Cybersecurity | Interim results | 30-Jun |
28-Sep | Instem | Interim results | 30-Jun |
29-Sep | Alfa Financial Software | Interim results | 30-Jun |
29-Sep | Blancco Technology | Final results | 30-Jun |
29-Sep | XLMedia | Interim results | 30-Jun |
30-Sep | Minds + Machines | Interim results | 30-Jun |
30-Sep | 1Spatial | Interim results | 30-Jun |
Late-Sep | Attraqt | Interim results | 30-Jun |
06-Oct | Smartspace | Final results | 31-Jan |
08-Oct | Spirent | Virtual Capital Markets Day |
|
13-Oct | essensys | Final results | 31-Jul |
Oct | Mobile Streams | Final results | 30-Jun |
Mid-Oct | D4T4 | Trading update | 30-Sep |
21-Oct | D4T4 | Virtual Capital Markets Day |
|
20-Oct | Softcat | Final results | 31-Jul |
22-Oct | Cloudcall | Virtual Capital Markets Day |
|
30-Oct | Seeing Machines | Final results | 30-Jun |
Source: https://www.proactiveinvestors.com/companies/news/930105/interim-results-season-coming-to-a-close-930105.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).