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19 Mar 2019
Strong full year results reflect strategic execution, 1M+ users and counting


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Strong full year results reflect strategic execution, 1M+ users and counting
Kape Technologies Plc (KAPE:LON) | 192 -2.9 (-0.8%) | Mkt Cap: 403.3m
- Published:
19 Mar 2019 -
Author:
Martin O'Sullivan -
Pages:
18 -
Kape has delivered strong subscriber growth in FY2018 while completing its transition to privacy-led cybersecurity and continuing to invest in sustainable, long-term growth. The H2 FY2018 acquisitions of Intego and ZenMate, which are now fully integrated and earnings enhancing in Q1 2019, further underpin growth prospects. The Group remains inherently cash generative with net cash of $40.4m at year-end FY2018 and is well-funded for continued execution and growth. With its transition to privacy-led cybersecurity now completed, Kape offers investors exposure to a business enjoying rigorous growth in a global target market, and to one of the key themes in IT currently. HOUSE STOCK.