Amino’s update for the six months ending May 2021 in our view demonstrates that the group continues to trade strongly. The period saw a 19% YoY revenue increase and a 37% improvement in exit run-rate Annual Recurring Revenue (“ARR”). Management commentary on the outlook for the second half is positive, and we leave estimates unchanged following the announcement. With c$27m of financial headroom, the group’s financial position remains strong, and we continue to believe that Amino is strongly plac ....
08 Jun 2021
Strong H1 21 trading
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Strong H1 21 trading
Aferian plc (AFRN:LON) | 12.5 0 0.0% | Mkt Cap: 13.9m
- Published:
08 Jun 2021 -
Author:
Gareth Evans | Blaine Tatum -
Pages:
3
Amino’s update for the six months ending May 2021 in our view demonstrates that the group continues to trade strongly. The period saw a 19% YoY revenue increase and a 37% improvement in exit run-rate Annual Recurring Revenue (“ARR”). Management commentary on the outlook for the second half is positive, and we leave estimates unchanged following the announcement. With c$27m of financial headroom, the group’s financial position remains strong, and we continue to believe that Amino is strongly plac ....