Following last month’s trading update and upgrade, today GHT has provided a further release, communicating £4.0m of EBITDA is now expected – higher than our upgraded estimate of £3.7m. All other estimates meanwhile stay essentially unchanged, as sales of £25.0m and ARR of £9.6m (both +30% y/y) are reiterated. Additionally – and very encouragingly – GHT also flag the company is in advanced stages with a Tier 1 global bank for an enterprise scale deployment of CTC. This in-turn provides support fo ....
06 Jan 2020
FY TU – further upgrade to FY19E EBITDA
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FY TU – further upgrade to FY19E EBITDA
Gresham Technologies plc (GHT:LON) | 129 0 0.0% | Mkt Cap: 108.2m
- Published:
06 Jan 2020 -
Author:
Harold Evans -
Pages:
3
Following last month’s trading update and upgrade, today GHT has provided a further release, communicating £4.0m of EBITDA is now expected – higher than our upgraded estimate of £3.7m. All other estimates meanwhile stay essentially unchanged, as sales of £25.0m and ARR of £9.6m (both +30% y/y) are reiterated. Additionally – and very encouragingly – GHT also flag the company is in advanced stages with a Tier 1 global bank for an enterprise scale deployment of CTC. This in-turn provides support fo ....