StatPro has reported that FY15 adjusted EBITDA is expected to be in line with our expectations, while revenues were c 4% lower than our forecasts, which we understand was mainly due to the continued weakness in the C$, ZAR and euro against sterling. We have tweaked our FY15 forecasts and eased FY16 due to the currency moves. We have also incorporated Investor Analytics (IA), the cloud-based risk analytics solutions provider that StatPro acquired earlier this month, into our forecasts. We continu ....
01 Feb 2016
StatPro Revolution ARR rose 46% in FY15
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StatPro Revolution ARR rose 46% in FY15
Statpro Group (SOG:LON) | 0 0 (-0.8%) | Mkt Cap: 159.5m
- Published:
01 Feb 2016 -
Author:
Richard Jeans -
Pages:
5
StatPro has reported that FY15 adjusted EBITDA is expected to be in line with our expectations, while revenues were c 4% lower than our forecasts, which we understand was mainly due to the continued weakness in the C$, ZAR and euro against sterling. We have tweaked our FY15 forecasts and eased FY16 due to the currency moves. We have also incorporated Investor Analytics (IA), the cloud-based risk analytics solutions provider that StatPro acquired earlier this month, into our forecasts. We continu ....