Hot Off The Wires - The Day Ahead

Today's news and views, plus announcements from: FRAS, SSE, DPLM, DNLM, AJB, CAPD, OIT, MIDW, CRW, & VNET.

Craneware Group | FY24 trading statement - better than expected

Craneware has reported strong growth for FY24 guiding to revenue in excess of US$188m, above the top end of current market expectations, and adjusted EBITDA of at least cUS$58m, at the top end of expectations. The group continues to pay down debt ahead of schedule. We will revise our figures on the full-year results, with a likely increase on the cards. We calculate a DCF based fair value of 2,541p, 10% above the current share price which could easily prove conservative on stronger medium term r

Craneware Group | Microsoft Alliance to bring multiple benefits

Craneware has announced the formation of an extensive alliance with Microsoft Azure, its leading cloud partner, which will leverage Azure's capabilities, increase access for customers to Craneware's products, and improve Craneware's cost efficiency. Craneware's ability to partner with Microsoft in this way is a demonstration of the strength of Craneware's position in the US healthcare market for value cycle software, and furthers its ambition to become ubiquitous in US hospitals with enhanced pr

PANMURE: UK Equity Research : Our Key Picks for 2024 – Q2 Update

Craneware Group: Initiation – In the sweetspot

Craneware is the market leader in value cycle SaaS provision in the US with a 40% market penetration and the ambition to become ubiquitous in US hospitals. The shackles of Covid disruption, digestion of the Sentry acquisition, and the transitioning of its customers to the fully cloud based Trisus platform, have fallen away and opened up new sales opportunities for the group. While the shares have out-performed strongly, multiples look reasonable compared with peers. We calculate a DCF based fair

Hot Off The Wires - The Day Ahead

Today's news and views, plus announcements from: HLMA, AV., ITRK, HICL, SNR, TET, CRW, CUSN, & SRC.

PANMURE: Craneware : Partner revenues impress

PANMURE: Craneware : Health Catalyst read-across

Hot Off The Wires - The Day Ahead

Today's news and views, plus announcements from: ANTP, BP., GSK, PSON, SPX, IBST, LIO, MAB, RAT, SAFE, SHED, GFRD, CRW, MIDW, & BRK.

PANMURE: Craneware : Acceleration

PANMURE: UK Equity Research : Our Key Picks for 2024

PANMURE: Craneware : Upgrades, and there’s scope for more

PANMURE: Technology : Software Automation and the GenAI bots

PANMURE: Craneware : More supportive market backdrop

PANMURE: Digital Health : Healthtech's accelerating growth: Data, AI and Demand

Morning Note – 25 July 2024

musicMagpie - Strategically positioning for profitability

musicMagpie’s (MMAG’s) H124 results reflected several strategic decisions taken by the management team to improve profitability and cash generation. The decision to make the US a sourcing-only geography to benefit margins had a notable impact on revenues, with US revenues declining by more than half. Despite the double-digit decline in group revenue, the adjusted EBITDA margin remained relatively stable at 4.4% (H123: 4.5%), reflecting the focus on profitability. The outlook remains challenging,

Hybridan Small Cap Feast - 25 July 24

* A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced, or it is a rumour Dish of the day Admissions: None Delistings: None What’s baking in the oven? ** Potential**** Initial Public Offerings: ITF announced: 8th July 2024: Rome Resources: The Canada-based early-stage resource exploration Company has announced its intention to IPO on AIM in order to continue to make

National World Trading Update

National World has reported a Trading Update for the 21wks to 25th May in which revenues advanced +18% driven by acquisitions; we maintain our FY24 estimates.