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Iomart (IOM) Share News

IN BRIEF: Iomart buys Microsoft Azure Cloud services firm Extrinsica

5th Jun 2023 12:06

Iomart Group PLC - Glasgow-based cloud computing - Agrees to buy Extrinsica Global Holdings Ltd for an initial GBP4.0 million in cash and shares, with up to GBP300,000 more in cash payable in 2023 on agreed targets. A further GBP4.0 million to GBP7.0 million earn-out in cash and shares is due based on Extrinsica's financial 2024 profit. Of the initial payment, GBP2.0 million will be satisfied by the issue of about 1.6 million new shares in Iomart at GBP1.28 each. Read More

IN BRIEF: Iomart expects full year results in line with market view

12th Apr 2023 14:10

Iomart Group PLC - Glasgow-based cloud computing company - Expects to report revenue of about GBP115 million for the year ended on March 31, up from GBP103.0 million the year before. This is in line with analyst estimates of range of GBP105 million to GBP116 million for revenue. Adjusted pretax profit, however, is expected to be about GBP14.6 million, down from GBP17.1 million, and adjusted earnings before interest, tax, depreciation and amortisation is expected to be about GBP36.2 million, down from GBP17.1 million the year before. Market expectations for pretax profit and adjusted Ebitda are in ranges of GBP13.5 million to GBP15.9 million, and GBP34.6 million to GBP37.6 million respectively. Says the Ebitda margin in the year was "heavily impacted by the pass through of energy costs and to a lesser extent lower margin within the Concepta acquisition, primarily from their reselling activities". Read More

UK dividends calendar - next 7 days

20th Jan 2023 15:45

UK dividends calendar - next 7 days

29th Dec 2022 13:41

Iomart profit and dividend falls; expects increased full year revenue

6th Dec 2022 10:57

(Alliance News) - Iomart Group PLC on Tuesday said its interim profit fell and declared a lowered dividend, though it said it expects its full year revenue to be ahead of previous expectations. Read More

UK earnings, trading statements calendar - next 7 days

29th Nov 2022 15:57

TRADING UPDATES: Iomart's annual profit to be at lower end of guidance

11th Oct 2022 14:42

(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

AIM WINNERS & LOSERS: Iomart profit warning; Eneraqua revenue jumps

11th Oct 2022 11:01

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

UK earnings, trading statements calendar - next 7 days

30th Sep 2022 15:58

UK dividends calendar - next 7 days

26th Aug 2022 15:50

IN BRIEF: Iomart picks Babcock Non-Exec Lucy Dimes as new chair

25th Aug 2022 21:06

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Names Lucy Dimes as non-executive chair, with effect the end of firm's annual general meeting next week Tuesday. Incumbent Ian Steele has previously announced he will not stand for re-election. "Lucy is an accomplished business leader having operated in senior executive positions in FTSE 100, FTSE 250 and private equity owned companies spanning telecoms, technology, business services and financial services. Lucy has substantial experience in complex, highly regulated international markets in product innovation, market entry, scaling for growth and expansion," Iomart says. Dimes also sits on board of Babcock International Group PLC as a non-executive. Read More

UK shareholder meetings calendar - next 7 days

23rd Aug 2022 15:54

IN BRIEF: Iomart acquires Concepta for up to GBP14.5 million

3rd Aug 2022 19:42

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Acquires Concepta Capital Ltd, a holding company for firms including the ORIIUM and Pavilion IT brands, for an initial cash payment of GBP10.5 million. Read More

IN BRIEF: Iomart shares tumble as annual profit and dividend down

14th Jun 2022 12:20

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Posts lower annual profit and revenue, in line with announcement made in April. Read More

UK earnings, trading statements calendar - next 7 days

7th Jun 2022 15:52

IN BRIEF: Iomart shares rise as full-year seen in line with forecasts

5th Apr 2022 10:14

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Expects its financial year 2022 ended March 31 to be in line with market expectations. It says it expects an adjusted pretax profit of GBP17 million, down from GBP19.6 million a year ago. Read More

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