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Companies: FOUR PCIP NXQ IXI EXR
Cavendish
On 12 March, PCI Pal successfully completed an oversubscribed placing to raise £3.5m through the issue of 6.25m new ordinary shares at a price of 56p. After H1 results showed revenue growth +20% yoy to £8.7m, the group’s first period of EBITDA profitability since relaunch in 2016, and a confident outlook, the raise will enable management to invest in US and EMEA expansion, and strengthen the net cash position. Following North America H1 revenue growth of +38% yoy to £3.1m, over half of the proce
Companies: PCI-PAL PLC
12th March 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: Change of Market: Our daily digest of news from UK Small Caps If you would like to unsubscribe, please email enquiries@hybridan.com with “unsubscribe me”. Hybridan Chefs
Companies: CPX OHG FNX EBQ PCIP HAYD CCS ARCM
Hybridan
Companies: OHT PCIP SND CORA
PCI Pal’s H1 results show revenue growth +20% yoy to £8.7m, the group’s first period of EBITDA profitability since relaunch in 2016, and a confident outlook that leads us to reiterate our FY24E & FY25E forecasts. H1 24 ARR of £14.7m is +23% yoy and +17% vs £12.6m at FY23, which has been driven by H1 new business ACV of £1.6m, and enhanced deployment efficiency converting contracts from TACV in deployment into ARR. The robust partner ecosystem drove a record 87% of new ACV in H1 and 84% of new co
Companies: DSCV ALU FTC PCIP TRX
PCI Pal’s H1 trading update shows revenue growth +20% yoy to £8.7m, the group’s first period of EBITDA profitability since relaunch in 2016, and a confident outlook that leads us to reiterate our FY24E & FY25E forecasts. H1 24 ARR of £14.7m is +23% yoy or +17% vs £12.6m at FY23, which has been driven by H1 new business ACV of £1.6m, and the successful conversion of contracts from TACV in deployment into ARR. Through H2, the robust partner ecosystem has continued to drive new business ACV YTD to
Companies: SCE PCIP VNET FRP
9th November 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje
Companies: SAR SAR POLB PCIP GELN EMH AGL ADME
Companies: PCIP TIME DEC BOOM GELN POLB
PCI Pal’s FY23 results show revenue growth of +25% to £14.9m, gross profit growth of +31% to £13.1m at a margin of 88%, and an outlook confirming robust momentum in H1 24. The FY23 results are as expected following the August trading update, and FY23 Total Annual Contract Value (TACV) is +23% yoy to £16.4m, with ARR +14% yoy to £12.6m due to £3.1m of contracts in deployment. We expect ARR will increase +35% and +31% to £17.0m and £22.2m in FY24 and FY25, as management lands and expands following
£23.3bn in enterprise value has been returned to AIM technology shareholders over the past six years in the form of 51 public to private takeouts, including 10 in 2023 alone with the takeovers of Smoove* and Tribal announced in early October. With UK valuations appearing cheap and looking more attractive to potential acquirers, we take a moment to reflect on the trends of corporate and private equity bidders targeting AIM-listed technology companies going back to 2017, through the uncertainties
Companies: CPX FNX CLBS PEB TIDE CNC ELCO IGP FTC IOM PCIP KBT MAI SRT VNET TRCS ING IQG DOTD TIA RCN NXQ TIG BBB ARC BBSN KRM GETB ACC JNEO SWG RDT QTX CER EXR NEXN XLM BOOM CLX FADL LINV SND
Companies: Gooch & Housego PLC (GHH:LON)PCI-PAL PLC (PCIP:LON)
Companies: PCIP BOIL TIME KRM JNEO
9th August 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment object
Companies: TXG TXG VLX PCIP FUM HSP INSE TRIN VEL CYAN ENET
Research Tree provides access to ongoing research coverage, media content and regulatory news on PCI-PAL PLC. We currently have 0 research reports from 3 professional analysts.
Companies: Plus500 Ltd.
Liberum
Tatton, the leading on-platform discretionary fund manager (DFM) and IFA support services Group has released a trading update ahead of its results to 31 March 2024, due on 18 June 2024.
Companies: Tatton Asset Management Plc
Zeus Capital
The focus of Hardman & Co Research is on the nine quoted Infrastructure Investment Companies (IICs) and on the 22 Renewable Energy Infrastructure Funds (REIFs): the stocks analysed are all members of the Association of Investment Companies (AIC). We are updating our publication of January 2023, assessing both the lacklustre share price performances during 2023 and the key issues, including interest rates, inflation and power prices. As a 31-strong group, its combined market capitalisation is no
Companies: AEIT ROOF DGI9 INPP GSF SEIT USFP HICL ORIT BSIF TRIG NESF SEQI HEIT GRP GCP FSFL 3IN AERI PINT RNEW BBGI GSEO DORE TENT GRID CORD HGEN AEET
Hardman & Co
Ondo InsurTech has released a brief post-YE update revealing its good progress continued through 2H24 and consequently FY24 will be in line with market expectations.
Companies: Ondo Insur Tech PLC
Dowgate Capital
BRWM’s managers: we see all the classic signs of high commodity prices...
Companies: Blackrock World Mining Trust PLC
Kepler | Trust Intelligence
The refinancing of a £135m revolving credit facility and the extension of a similar £70m facility gives NESF firepower as development opportunities for new solar are especially attractive thanks to lower module prices in Europe. They give the fund key financial flexibility at a critical time as it pursues its capital recycling programme.
Companies: NextEnergy Solar Fund Ltd
Longspur Clean Energy
Companies: discoverIE Group PLC (DSCV:LON)LendInvest PLC (LINV:LON)
Feature article: Steady as she goes, but could be better: A review of investment company liquidity since 2016 Liquidity is the lifeblood of equity markets. The measurement of liquid asset availability to a market or company is a way of gauging a market’s health. This article builds on our previous work, which analysed the liquidity data for non-financial trading companies, by applying the same analytical techniques to the investment companies (IC) space. We analyse liquidity for ICs as a whol
Companies: NBPE ICGT ARBB RECI CLIG HAT AVO VTA APAX
Foxtons Group plc first quarter revenue rose 9% to £35.7m (1Q23: £32.9m) with growth delivered across all business segments. Trading is in line with management's expectations.
Companies: Foxtons Group Plc
Companies: UTL ASC DNLM BWNG MONY DFS BOO
Shore Capital
Companies: M Winkworth plc
Foxtons Group’s Q1 revenue grew by 9%, supported by growth in all three divisions as the strategic initiatives continue to gain significant momentum, driven by investment in staff, best-in-class bespoke IT and data platforms. This implies that Foxtons’ medium-term targets are now coming into focus. Market share is being gained in all divisions, which puts Foxtons in a good position as the sales market stabilises. We maintain our valuation of 132p/share and believe that if interest rates stabilis
Edison
Vp’s full year update highlights sector-leading results, once again benefiting from the diversity of its end markets and the quality of its specialist businesses. With results expected to be broadly in line with expectations, we trim our FY24 PBT forecast by c.5% to £39.0m, a shade below the FY23 outturn (£40.2m). We consider this an impressively resilient performance set against a mixed market backdrop. Under new leadership, a strategic refresh is underway and management is confident in long
Companies: Vp plc
Equity Development
16th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: Electric Guitar (ELEG.L) Concurrent with its Admission to trading on AIM, Electric Guitar is proposing to acquire the entire issued share capital of 3radical Limited for
Companies: IP BILN SAR GATC ASTO PHE SHOE CCS IP CUSN
AUM jumped £3.8bn or +30% in FY24, reaching £16.6bn on 31 Mar 24, 12% above our previous forecast of £14.7bn. Including 50%-owned 8AM Global, Assets Under Influence hit £17.6bn. Investment performance provided a tailwind, adding £1.5bn to AUM. But our key takeaway from Tatton’s hugely impressive last few years, is that it has designed and implemented a superior offering in platform-MPS with net flows consistently far higher than peers. That leadership looks even more pronounced in H2-24 with net
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