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Market analyst Rajan Dhall talks about the financial market Watch here

Market analyst Rajan Dhall talks about the financial market


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2JohnAdams
Posts: 94
Observation
Opinion:Strong Buy
Price:6.875
Contract worth in excess of ţ6m
5 Jul '16
adept4 plc, the AIM listed provider of 'IT as a Service' ("ITaaS"), is pleased to announce that it has agreed a new contract with an existing customer which will run until May 2026 and will be worth in excess of £6 million in total revenue.

This thread has moved to...
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2JohnAdams
Posts: 94
Observation
Opinion:Strong Buy
Price:6.875
RE: This Thread Has Moved...
30 Jun '16
This thread has moved to...
http://www.lse.co.uk/ShareChat.asp?ShareTicker=AD4

But here's what we know about the three main trading companies from the previous RNS's

adept4 generated revenues of £5.0 million (67% recurring) to 31 December 2015 and EBITDA of £0.75 million

Weston generated revenues of £2.8m (59% recurring) to 31 March 2015 and EBITDA of £0.22m

Ancar-B generated revenues of £2.2m (59% recurring) to 31 July 2015 and an EBITDA of £0.58m

So that's combined annual revenues for the group of c.£10m and EBITDA of c.£1.5m

And let's not forget that the cash balances of the group were £4.3m at 27 May 2016.

I'd say, very positive and an excellent outcome IMHO.

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