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IXICO Plc >
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Cenkos: IXICO Plc -- Trading update, modest COVID impact

  • 24 Jun 2020

Cenkos: IXICO Plc -- Trading update, modest COVID impact


IXICO Plc (IXI:LON) | 79.5 0 0.0% | Mkt Cap: 38.1m


  • Cenkos Securities
    • Chris Donnellan

    • 8 pages

Hardman & Co Investor Forum



 

Hardman & Co Investor Forum



Having taken time to assess the potential impact of COVID-19, IXICO has today provided a trading update for FY20E and an expectation for FY21E revenue growth. Revenues and EBITDA for FY20E are expected to be at least £9.1m and £0.9m respectively. Revenue growth for FY21E is expected to remain at double-digit levels. We view the trading update as a display of confidence in the ability of the company's remote access business model, proprietary technologies, and centralised AI data analytics capabi ....

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Cenkos: IXICO Plc -- Trading update, modest COVID impact


IXICO Plc (IXI:LON) | 79.5 0 0.0% | Mkt Cap: 38.1m


  • Published: 24 Jun 2020
  • Author: Chris Donnellan
  • Pages: 8
  • Cenkos Securities


Having taken time to assess the potential impact of COVID-19, IXICO has today provided a trading update for FY20E and an expectation for FY21E revenue growth. Revenues and EBITDA for FY20E are expected to be at least £9.1m and £0.9m respectively. Revenue growth for FY21E is expected to remain at double-digit levels. We view the trading update as a display of confidence in the ability of the company's remote access business model, proprietary technologies, and centralised AI data analytics capabi ....


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