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Don't have an account? Click here to register.Imaginatik shrinks losses
Mon, 28th Nov 2011 07:47
Shares of management software group Imaginatik jumped 6% after it more than halved half year pre-tax losses and said it was confident for the second half.The group, whose clients include World Bank, Pfizer and Kellogg, said loss on ordinary activities before taxation reduced to £492,000 in the six months to 30 September from a loss of £1.4m the year before. Revenues for the period rose 10% to £1.62m."We are encouraged by the progress that we have made in the first half of the year, in what remains a challenging economic climate," Imaginatik said in a company statement.Chairman Matt Cooper added, "Following the repositioning exercise carried out over the last 12 months together with further investment in our technology and a focus on expanding our consultancy expertise, Imaginatik now occupies a unique position in the innovation management market."Imaginatik said revenue visibility has increased to around £2.8m and the reduced level of overheads, combine with a growing pipeline of opportunities for the second half of the year to give us confidence in the future. --cj
More News
6 Apr 2016 13:51
Imaginatik share price rockets as board notes rumour
(ShareCast News) - The board of Imaginatik acknowledged the existence of a swirling rumour on Wednesday, but added little clarity to the situation as its share price rocketed ahead. On Tuesday, it was reported that the controversial former head of Quindell, Rob Terry, was secretly building up a larg
Read more9 Mar 2016 09:30
Imaginatik reports solid third quarter trading
(ShareCast News) - AIM-listed Imaginatik said trading in the third quarter was positive, continuing momentum from the first half of the year. The consultancy and technology products company said gross bookings for the three months to the end of December nudged up to £1.28m from £1.26m the previous y
Read more10 Feb 2016 12:39
UPDATE 2-UK's ARM takes more of the profit in slowing smartphone sector
* Q4 revenue up 14 pct, profit up 17 pct, ahead of forecasts * Says 2016 revenue will be "broadly in line" with consensus * Says not overly worried about China (Adds further reaction, updates shares) By Paul Sandle LONDON, Feb 10 (Reuters) - Britain's ARM Holdings said
Read more21 Sep 2015 15:06
16 Sep 2015 15:04
16 Sep 2015 11:46
Imaginatik takes second loan from chairman Matt Cooper
(ShareCast News) - Imaginatik has announced they've borrowed an extra $110,000 from their non-executive chairman Matt Cooper while they wait for funds from a handful of clients. The company, which offers a range of consultancy and technology products, is also using the loan to cover minor delays in
Read more