Even though December results year is more than for United kingdom larger caps, it is a extremely fast paced week for United kingdom modest caps. In the meantime, in an in any other case subdued week in the US, Dublin-based consulting huge Accenture is anticipated to be the emphasize among the the handful of tech similar enterprises reporting.
The week ahead
In the United kingdom, we foresee December closing results from (LON: CCC), (LON: BGO), (LON: KRM), (LON: BOKU), (LON: KAPE), (LON: TRB) and Emis Group PLC (LON: EMIS) and interims from (LON: EYE). In the meantime, (LON: OCDO) is anticipated to launch a very first-quarter investing update on Thursday.
Computacenter, the details technological innovation products and services service provider, reviews its closing results tomorrow. In its investing update in late January, the enterprise improved its advice nonetheless all over again, with adjusted financial gain ahead of tax “in excessive of £195mln”, up from “no a lot less than £190mln” in the December update. Full earnings grew by 8% or 3% excluding the impact of acquisitions, and the group shut the yr with adjusted web resources, excluding IFRS16 lease liabilities, of all-around £188mln. The enterprise mentioned the constructive momentum in investing confirmed no indications of slowing down, and its pipelines for both technological innovation sourcing and products and services are as robust as at any time in the past yr
Bango, the mobile commerce operator that connects payment providers, merchants, and app merchants, releases its closing results tomorrow. In its investing update in January, it mentioned that earnings was ahead of anticipations at £12.2mln, reflecting 70% advancement, although adjusted fundamental earnings (EBITDA) were expected to exceed £4mln. Conclude-person spend jumped to £1.9bln, up from £1.1bln in 2019, boosted by world-wide lockdowns, which drove additional buyers on-line and accelerated the adoption of digital payments by merchants and customers. The group completed the yr with web income of £5.83mln. Previously this month, Bango announced the appointment of Matt Garner as its chief economic officer.
KRM22, which is targeted on cash markets risk administration, announces its closing results tomorrow. In its January investing update, it mentioned it expects to report earnings of £4.6mln, up from £4.1mln in 2019, although the EBITDA reduction shrank to £0.1mln from £3.1mln. Annualised recurring earnings stood at £4.3mln at the close of December, reflecting constant-currency advancement of all-around 5%, and the group finished the period of time with gross income of £2.0mln and web credit card debt of £1.0mln. In February, KRM22 announced a partnership with Kintail Consulting to deal with the space of people and society risk in cash markets.
Boku, which offers direct carrier billing, releases its closing results tomorrow. In its January investing update, it mentioned it expects to report both revenues and EBITDA ahead of the latest market place consensus anticipations. Revenues are anticipated to develop by at minimum 20% to US$56.3mln although adjusted EBITDA is anticipated to additional than double to US$15.0mln. The enterprise has progressed on launching wallets as a new payment technique, in the beginning to its present merchants, with eleven wallets dwell supported with materials quantity advancement, albeit off a modest base. Considering that the update, Boku has announced quite a few new partnerships, which include with Microsoft for direct carrier billing payment technique in South Korea & Saudi Arabia.
Eagle Eye, the advertising and marketing technological innovation enterprise, releases its interim results tomorrow. In its January investing update, it mentioned it expects to report earnings advancement of 8% to £10.8mln with adjusted EBITDA up 62% at £2.1mln. The group swung to a web income placement of £0.1mln at the period of time close. The enterprise mentioned the outlook for the latest economic yr remained in line with the board’s anticipations, notwithstanding the impact that the pandemic has experienced on the foods and beverage and non-grocery customer segment.
Kape, the digital safety and privacy computer software small business, announces its closing results on Wednesday with revenue at the upper close of management’s forecasted vary and adjusted EBITDA ahead of management’s anticipations. Income grew by 85% to about US$122.2mln, with recurring earnings symbolizing all-around 89%, and adjusted EBITDA jumped by 168% to all-around US$39.0mln as the margin expanded appreciably to 31.nine% from 22.% in 2019. Last week Kape announced the acquisition of Webselenese, a fast-growing Israel-based publishing small business targeted on client privacy and safety written content, for US$149.1mln on a web income foundation.
Tribal, the service provider of computer software and products and services to the global education and learning market place, announces closing results on Wednesday. In its investing update in January, it mentioned it expects to report results in line with latest market place anticipations that had been upgraded in October. It expects to report a seven% dip in earnings to £73mln, with adjusted EBITDA easing by 3% to £14.9mln. More appreciably, annual recurring earnings (ARR) improved by 12% more than the twelve months to stand at £47.5mln, reflecting the group’s technique to make the changeover to computer software as a services (SaaS). Last week, the enterprise announced the appointment of Diane McIntyre as its chief economic officer, with effect from 1 June.
Emis, the healthcare computer software and devices enterprise, announces closing results on Thursday. In its January update, it mentioned that next an enhancement in the 2nd 50 %, investing for the yr was marginally ahead of the board’s anticipations, with both earnings and adjusted functioning financial gain preserved at very similar levels to the preceding yr. The group retains a robust stability sheet with web income of £53.0m at the period of time close.
Throughout the pond, it continues to be tranquil on the earnings entrance with anticipated to be the emphasize, reporting 2nd-quarter (Q2) numbers on Thursday. Other tech-similar corporations reporting include things like PAR Technology, Yalla, Coupa Software package, Crowdstrike, Jabil and Smartsheet.
|sixteen-Mar||Eagle Eye||Interim results||31-Dec|
|23-Mar||Alfa Economical Software package||Last results||31-Dec|
|24-Mar||Keywords Studios||Last results||31-Dec|
|24-Mar||Telit Communications||Last results||31-Dec|
|twenty five-Mar||Finding out Technologies||Last results||31-Dec|
|twenty five-Mar||IQGeo||Last results||31-Dec|
|twenty five-Mar||IQE||Last results||31-Dec|
|29-Mar||Dev Intelligent||Last results||31-Oct|
|thirty-Mar||K3 Small business Technology||Last results||thirty-Nov|
|31-Mar||Seeing Equipment||Interim results||31-Dec|
|Week of 29 Mar||Cellular Tornado||Last results||31-Dec|
|April||[email protected]||Last results||31-Dec|
|08-Apr||Alpha FMC||Trading update||31-Mar|
|April||AdEPT Technology||Trading update||31-Mar|
Resource: Data from regulatory information and enterprise websites