At the height of the pandemic we pointed to the resilience of Eckoh’s business model. This is fully demonstrated today with FYMar21 AOP expected just above last year’s £4.7m (in line with guidance/forecasts). Pandemic aside (if it’s possible to say that), the performance is all the more remarkable given the exceptional $4m Coral licence in the base, the wind-down of US Support and dollar headwinds. Star of the show was US SecPay, where we believe revenues grew 60% yoy to c.$13m (33%/sales). We n ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Leading Reopening Play
Eckoh plc (ECK:LON) | 42.5 0 0.0% | Mkt Cap: 123.4m
- Published:
05 May 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
At the height of the pandemic we pointed to the resilience of Eckoh’s business model. This is fully demonstrated today with FYMar21 AOP expected just above last year’s £4.7m (in line with guidance/forecasts). Pandemic aside (if it’s possible to say that), the performance is all the more remarkable given the exceptional $4m Coral licence in the base, the wind-down of US Support and dollar headwinds. Star of the show was US SecPay, where we believe revenues grew 60% yoy to c.$13m (33%/sales). We n ....