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Accesso Technology Group (ACSO) Share News

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IN BRIEF: accesso Technology CEO Brown sells GBP300,000 in shares

1st Mar 2024 12:43

accesso Technology Group PLC - Berkshire-based provider of software for leisure, entertainment and cultural sectors - Chief Executive Officer Steve Brown sells 55,977 shares at an average price of 535 pence, worth GBP299,477, in London on Thursday. On Wednesday, Brown sold 156,000 shares at average 535p, worth around GBP834,600. Says the sale is to cover taxes resulting from an exercise announced in early August. Read More

DIRECTOR DEALINGS: accesso CEO sells stock, Oryx director's firm buys

26th Feb 2024 17:34

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Accesso Technology says recent acquisitions performing well

29th Jan 2024 18:18

Accesso Technology Group PLC - Berkshire-based provider of software for leisure, entertainment and cultural sectors - Trading update to December 31. Expects full-year cash earnings before interest, tax, depreciation and amortisation in line with expectations at a margin of not less than 15%. Forecasts revenue of USD148.5 million, up 6% on the year before, driven by organic initiatives and initial contributions from VGS, Paradocs and Digisoft acquisitions. Continues to focus on growing higher margin revenue streams and stepping back from lower margin elements of revenue base. Reports positive early results from its most recent acquisition, accesso HorizonSM. Expects revenue growth of around 9% in 2024, and to see an improvement in cash Ebitda margins to not less than 17%. Remains committed to medium-term cash Ebitda margin target of at least 20%. Read More

IN BRIEF: Accesso Technology launches GBP4 million share buyback

2nd Oct 2023 16:53

Accesso Technology Group PLC - Berkshire-based provider of software for leisure, entertainment and cultural sectors - Starts GBP4 million share buyback programme. Explains the programme will be financed through existing cash resources. The programme will continue until the earlier of either the expiration of the general authority received at the 2023 annual general meeting, or until the maximum amount has been purchased. Numis Securities Ltd will conduct the programme. Read More

EARNINGS: accesso Tech turns to loss on costs; DP Eurasia hails Turkey

19th Sep 2023 16:26

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UK earnings, trading statements calendar - next 7 days

12th Sep 2023 15:44

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IN BRIEF: accesso Technology CEO and CFO extend contracts to 2026

21st Jun 2023 13:58

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Says Chief Executive Officer Steve Brown and Chief Financial Officer Fern MacDonald have entered new contract renewal terms, ending June 30 2026. Read More

IN BRIEF: accesso Technology acquires ticketing platform VGS

20th Jun 2023 12:59

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Buys leisure sector ticketing and visitor management platform VGS for USD52.6 million total cash consideration. VGS will be rebranded as accesso Horizon. Completion expected in the coming days. accesso Technology says acquisition will enable further revenue growth by expanding platform to add e-commerce, and deliver immediate earnings accretion. Says VGS is "consistently profitable" with proforma pretax profit around USD4 million in 2022. VGS serves over 100 venues "including the world's most popular theme park destination." Read More

IN BRIEF: accesso Technology agrees new USD40 million banking facility

30th May 2023 12:35

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Agrees new USD40 million revolving credit facility with HSBC Holdings PLC on a four-year term ending May 2027, accompanied by a USD20 million accordion option. Newly agreed facility replaces accesso Technology's previous undrawn GBP18 million arrangement with Investec PLC and Ltd from March 2021, which was due to expire in March 2024. This facility has now been cancelled. Says HSBC facility is accompanied by a USD20 million accordion option, which it may utilise as it "pursues its strategic plan into the mid-term". Says Numis Corp PLC acted as its debt advisor to the transaction. Read More

IN BRIEF: accesso Technology launches new point of sale cloud platform

23rd May 2023 10:42

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Announces launch of cloud-native point of sale platform accesso Freedom. The Software-as-a-service solution builds on intellectual property acquired from Omnico Group UK Ltd in July last year. It allows customers to unify all transactions on one platform, can "seamlessly" scale for venue size and enables use of emerging technologies like chat bot ordering and voice-based transactions. Read More

UK shareholder meetings calendar - next 7 days

9th May 2023 15:45

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TRADING UPDATES: acccesso buys firm, Card Factory ups outlook

24th Apr 2023 19:21

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: accesso Technology hails rises in annual revenue and profit

4th Apr 2023 10:49

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Posts revenue of USD139.7 million for 2022, up 12% from USD125.0 million in 2021. Says this strong growth was driven by a combination of new business volume and growing product utilisation across our product set. Pretax profit rises by 2.5% to USD12.4 million from USD12.1 million, as gross profit climbs to USD104.0 million from USD96.4 million a year earlier. Earnings before interest, tax, depreciation and amortisation amounts to USD25.8 million, down 8.3% from USD28.1 million in 2021. Administrative expenses increase 10% to USD91.2 million from USD82.9 million. Looking ahead, expects 2023 to be profitable and cash generative in line with current expectations. Read More

UK earnings, trading statements calendar - next 7 days

28th Mar 2023 15:42

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TRADING UPDATES: Somero revenue short of outlook; SigmaRoc optimistic

3rd Feb 2023 13:41

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: Engage XR revenue up; Smartspace trades in-line

18th Jan 2023 19:03

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

29th Nov 2022 15:56

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IN BRIEF: accesso Technology shares jump as ups full year expectations

23rd Nov 2022 11:48

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Says it has seen strong performance through October with fall and Halloween activities performing ahead of expectations. It now expects revenue for the full year 2022 to be no less than USD138 million, at least 11% higher than USD124.8 million it reported for financial year 2021. Explains that profitability has improved as the strong performance has been focused in its higher-margin products together with operational savings in the cost base. Based on this, the company now expects its cash earnings before interest, tax, depreciation and amortisation margin for 2022 to exceed 17%. Read More

TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal

10th Nov 2022 15:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

accesso interim revenue, profit growth tops pre-virus levels

13th Sep 2022 11:10

(Alliance News) - accesso Technology Group PLC on Tuesday said its half-year profit more than trebled in what it labelled a "dynamic business performance". Read More

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