(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
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
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
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
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
(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
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
(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
(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 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
(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
(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
(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
(Alliance News) accesso Technology Group PLC on Wednesday said it has won a five-year contract for its virtual queuing technology. Read More