FYMar22 has come in in line with guidance set back in May 2021. Organic revenue and AOP is therefore comparable to FY21 as the lingering effects of lockdowns and some headwinds from SecPay contracts that including deferred hardware and implementation revenues revert to pure software revenues. We make no changes to our FY23 forecasts which are driven by Eckoh’s May guidance of “material growth” in the in the core business and the consolidation and synergies from the Syntec acquisition. The upshot ....
04 Apr 2022
Trading in line – seriously oversold
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Trading in line – seriously oversold
Eckoh plc (ECK:LON) | 42.5 0 0.0% | Mkt Cap: 123.4m
- Published:
04 Apr 2022 -
Author:
Kevin Ashton -
Pages:
3
FYMar22 has come in in line with guidance set back in May 2021. Organic revenue and AOP is therefore comparable to FY21 as the lingering effects of lockdowns and some headwinds from SecPay contracts that including deferred hardware and implementation revenues revert to pure software revenues. We make no changes to our FY23 forecasts which are driven by Eckoh’s May guidance of “material growth” in the in the core business and the consolidation and synergies from the Syntec acquisition. The upshot ....