New Cloud Telephony customer numbers expanded significantly last year but a lag in implementation timing is impacting the ramp up of revenues in the new year. If all customer geographies are rolled out there is upside to our earnings and cash flow forecasts but we revise our recommendation to Hold until we have greater visibility over the outcome of FY22E.

15 Feb 2022
Cenkos: LoopUp Group Plc -- New business lag effect

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Cenkos: LoopUp Group Plc -- New business lag effect
LoopUp Group PLC (LOOP:LON) | 2.2 0 4.8% | Mkt Cap: 4.35m
- Published:
15 Feb 2022 -
Author:
Simon Strong -
Pages:
6 -
New Cloud Telephony customer numbers expanded significantly last year but a lag in implementation timing is impacting the ramp up of revenues in the new year. If all customer geographies are rolled out there is upside to our earnings and cash flow forecasts but we revise our recommendation to Hold until we have greater visibility over the outcome of FY22E.