Amino’s brief full year trading update confirms continued progress, with gross profit and adj. PBT in line with expectations and cash significantly ahead. A change in product mix has resulted in flat revenue year on year however, with a very strong pipeline and growing traction for its software products, we believe the group is well placed going into FY’18. The shares trade on Nov’18 ex cash PER of just 11.6x, which we believe is very attractive for a business which is well aligned with industry ....
05 Dec 2017
N+1 Singer - Amino Technologies - FY’17 in line with cash well ahead of expectations
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N+1 Singer - Amino Technologies - FY’17 in line with cash well ahead of expectations
Aferian plc (AFRN:LON) | 8.2 -0.4 (-36.0%) | Mkt Cap: 9.17m
- Published:
05 Dec 2017 -
Author:
Oliver Knott -
Pages:
3
Amino’s brief full year trading update confirms continued progress, with gross profit and adj. PBT in line with expectations and cash significantly ahead. A change in product mix has resulted in flat revenue year on year however, with a very strong pipeline and growing traction for its software products, we believe the group is well placed going into FY’18. The shares trade on Nov’18 ex cash PER of just 11.6x, which we believe is very attractive for a business which is well aligned with industry ....