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Pin to quick picksImaginatik Share News (IMTK)

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Imaginatik losses widen

Tue, 01st Jul 2014 08:38

Losses widened at AIM-listed management software group Imaginatik but with good customer retention and a solid increase in the sales pipeline over the past year it remains confident for future trading.It posted a loss after tax of £1.47m for the year from a £1.14m loss a year earlier. The group's sales pipeline increased to £6.55m in April 2014 from £3.64m a year earlier.Gross bookings increased to £3.44m for the year ended March 31st from £2.78m the year before while revenue was broadly flat at £2.9m. The business services provider said 15 new blue chip customers have been secured in the year, including a major Canadian bank, a leading construction business, a US mutual insurance company and a major European airline.Imaginatik enjoyed good client retention with 14 of the 16 clients whose contracts were up for renewal in the year to 31 March 2014 choosing to remain with the company.Executive Chairman Matt Cooper commented: "We have made steady progress in the first quarter of the new year, adding five additional customers to our client roster. The focus for the remainder of the year will be on building the sales momentum, growing the awareness of our brand and taking our new product offerings out to the market." Shares in the company were unmoved in early trading.CJ
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3 Dec 2018 12:49

Imaginatik wins 'significant' contract with new customer

(Sharecast News) - Imaginatik said on Monday that it has won a "significant" contract with a new customer - a global chemical conglomerate - worth $142,000 a year.

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19 Nov 2018 10:40

Imaginatik slashes costs but losses persist

(Sharecast News) - Losses widened at Imaginatik in a challenging half-year as new business slowed down in the wake of the innovation consultant's strategic review.

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26 Oct 2018 12:44

Eight Capital Partners pours £0.25m into Imaginatik

(Sharecast News) - Technology-focussed investment vehicle Eight Capital Partners announced an investment of £0.25m into Imaginatik on Friday.

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18 Oct 2018 09:25

Imaginatik secures over $1.5m in renewals and new business.

(Sharecast News) - Imaginatik has secured more than $1.5m worth of orders since the start of September and is close to appointing a nominated adviser to allow trading in its shares to resume.

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17 Sep 2018 10:27

Imaginatik confirms further delay with equity investment

(Sharecast News) - Corporate innovation management provider Imaginatik updated the market on its potential equity investment on Monday, confirming that the investor was still in discussions to make a controlling equity investment in the company.

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11 Sep 2018 08:17

Imaginatik's shares plummet after losses deepen and revenues fall

(Sharecast News) - Management software provider Imaginatik saw its shares dip on Tuesday after reporting steeper annual losses as revenues fell and the company failed to complete its objectives for the year.

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29 May 2018 11:07

Imaginatik Confirms Funding Search To Help Sale Process

LONDON (Alliance News) - Management consultancy and software firm Imaginatik PLC on Tuesday confirmed it is on the look-out for short-term funding to progress its ongoing sale process.At of

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1 May 2018 10:10

Imaginatik May Seek Funding Ahead Of Sale As Revenue To Decline

LONDON (Alliance News) - Imaginatik PLC on Tuesday said it may look for additional funding to tide the company over while it seeks to sell itself, as annual revenue is expected to fall despite a a

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21 Mar 2018 12:06

Imaginatik In Talks With Possible Buyers, Hopes To Conclude By May

LONDON (Alliance News) - Management software and services company Imaginatik PLC said on Wednesday it is in talks with a number of possible buyers of the company, almost two a

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6 Dec 2016 08:16

Imaginatik narrows losses and holds revenue steady

(ShareCast News) - Imaginatik posted its unaudited results for the six months to 30 September on Tuesday, with a reduced loss after tax of £0.26m, compared to £0.41m, despite the impact of adverse currency movements. The AIM-traded company reported recognised revenue holding almost steady at £1.84m,

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24 Jun 2016 06:56

Imaginatik Raises Further GBP9,000 In Open Offer, Placing (ALLISS)

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25 May 2016 17:18

Imaginatik proposes fundraising to strengthen balance sheet

(ShareCast News) - Imaginatik shares fell on Wednesday after the software company proposed a £2.1m fundraising to boost its balance sheet. The group will raise the funds by placing 63,263,520 new ordinary shares worth £1.6m and an open offer of up to 21,277,896 new ordinary shares worth £0.53m. The

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25 May 2016 09:50

WINNERS & LOSERS SUMMARY: Sweett Group Soars On Canadian Takeover

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25 May 2016 08:19

Imaginatik To Raise GBP2.1 Million To Boost Finances, Back Growth (ALLISS)

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17 May 2016 11:40

UPDATE: Imaginatik Plummets On Plans For Discounted Fundraising (ALLISS)

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