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Amino hit by order slip and parts shortage

Tue, 03rd Nov 2009 08:52

Online video services provider Amino Technologies warns 2009 results will be "significantly" below expectations as order slippage and component shortages cause a "material" loss in the second half.In an update for the year ending 30 November, it said orders expected to close in the period have not and should now close in the full-year 2010. Amino also said fulfilling booked orders has proved "challenging" due to component shortages at its suppliers. It's unlikely to complete those orders and recognise the revenue this financial year.But the firm remains more confident about 2010, with a substantially reduced cost base and the transition from MPEG-2 to MPEG-4 now complete."We exit the year in better shape than at the half year as a leaner and more focused company that is better positioned to capitalise on the transition to IP-connected devices in the home," said non-executive chairman Keith Todd."We are confident as a board that we have in place a solid platform for growth in 2010 and beyond."
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12 Aug 2015 12:03

Amino Technologies completes acquisition of Entone

(ShareCast News) - Digital entertainment solutions provider Amino Technologies said it has completed the acquisition of Entone. The Cambridge-based company said the deal was closely aligned with its recent acquisition of Booxmedia and is a strong strategic and cultural fit for Amino. Chief executiv

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21 Jul 2015 12:36

UPDATE: Amino Technologies To Acquire Entone As Profit Rises (ALLISS)

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21 Jul 2015 10:26

Amino Technologies surges on acquisition as interim profits jump

(ShareCast News) - Shares in Amino Technologies rose over 8% early on Tuesday, after the group reported a hike in first half profits. In the six months to 31 May revenue grew 9% year-on-year to £17.9m, while gross profit jumped 23% to £9.1m and gross margin rose 5.9 percentage points to 50.8%. The

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21 Jul 2015 08:52

WINNERS & LOSERS SUMMARY: AO World Surges But IG Group Falls

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21 Jul 2015 07:04

Amino Technologies To Acquire Entone As First Half Profit Rises (ALLISS)

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4 Jun 2015 13:56

Amino Technologies enjoys strong first-half thanks to good core markets performance

Digital entertainment group Amino Technologies expects both full-year revenues and profits to grow thanks to a continuation of the strong performance seen in its core markets during the first-half. The trading update also revealed that the group's acquisition of Booxmedia has added to its confidenc

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4 Jun 2015 07:53

Amino Technologies Expects Interim Profit Growth, Will Hike Dividend

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20 May 2015 12:34

Amino Technologies acquires Finland-based Booxmedia Oy in £5.6m deal

Digital entertainment technology company Amino Technologies has completed the takeover of Finnish cloud-based platform Booxmedia Oy for €7.9m (£5.6m). The London-listed company said the payment will consist of €7.2m in cash and €0.7m in Amino shares, while and additional payment worth €2.6m will be

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20 May 2015 08:17

Amino Technologies Buys Finland's Booxmedia For EUR7.9 Million (ALLISS)

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2 Apr 2015 05:22

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