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Pin to quick picksIngenta Share News (ING)

Share Price Information for Ingenta (ING)

London Stock Exchange
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Share Price: 150.00
Bid: 147.00
Ask: 153.00
Change: 0.00 (0.00%)
Spread: 6.00 (4.082%)
Open: 150.00
High: 150.00
Low: 150.00
Prev. Close: 150.00
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"Leaner" Ingenta Set For Annual Earnings Increase But Lower Revenue

Thu, 30th Jan 2020 14:05

(Alliance News) - Ingenta PLC on Thursday said it expects to report a slight drop in revenue but a rise in earnings for 2019.

Revenue is expected to have fallen 10% to GBP10.9 million from GBP12 million in 2018, the publishing services firm said.

Ingenta expects adjusted earnings before interest, taxes, depreciation, and amortisation to rise 63% to GBP1.3 million from GBP800,000.

Ingenta said: "These headline figures indicate a leaner, more responsive business better equipped to service its diverse customer base with a coherent set of solutions and services. During the year, the business also took the opportunity to incur an impairment charge against non-core goodwill from historical business combinations."

The company said it will hold its full-year dividend at 1.5 pence per share.

Ingenta shares were 4.9% higher at 75.01 pence each in London on Thursday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
31 Jan 2024 16:05

Ingenta to hike dividend after year of growth

(Sharecast News) - Publishing and media software and service provider Ingenta said in an update on Wednesday that it expected to report revenue of £10.8m for 2023, reflecting 3% growth year-on-year.

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31 Jan 2024 14:27

IN BRIEF: Ingenta eyes profit, dividend and revenue growth for 2023

Ingenta PLC - Oxford, England-based provider of software and services to the publishing industry - Expects revenue to have grown 2.9% to GBP10.8 million in 2023, from GBP10.5 million a year prior. Eyes pretax profit jump of 42% to GBP1.7 million from GBP1.2 million. Intends to pay a dividend of 4.1 pence per share, up 16% from 3.45p. Expects year-end cash balance of GBP2.7 million, up 13% from GBP2.4 million a year ago. Chief Executive Officer Scott Winner says: "New sales activity was weighted to the second half of the year but we successfully deployed 2 sites in the first half and commenced a further 4 in the second half of 2023." He adds: "Elsewhere in the business, I’m delighted to report the addition of 3 new customers onto our IP management platform. These deals are for music and media partners across the globe and add further momentum behind our expansion into adjacent vertical markets."

Read more
11 Sep 2023 11:28

Ingenta hikes interim dividend as profit surges on lower admin costs

(Alliance News) - Ingenta PLC on Monday announced an increased interim dividend as revenue climbed and administrative costs decreased significantly in the first half of 2023.

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31 Jul 2023 13:32

TRADING UPDATES: Ingenta to meet expectations; Glantus beating them

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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29 Jun 2023 11:58

IN BRIEF: Ingenta wins GBP2 million in contracts with publisher, NGO

Ingenta PLC - Oxford, England-based provider of software and services to publishing industry - Wins two contracts worth GBP2 million in total over five years for its content distribution platform with unnamed customers. Implementation revenue will start in the second half of 2023. Tells annual general meeting on Thursday that 2023 results will be "comfortably in line" with market expectations.

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29 Jun 2023 10:33

AIM WINNERS & LOSERS: Ingenta shares up on on win of two contracts

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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22 Jun 2023 15:44

UK shareholder meetings calendar - next 7 days

Friday 23 June 
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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11 May 2023 12:12

Ingenta confident for 2023 after annual profit and revenue rises

(Alliance News) - Ingenta PLC on Thursday said it will be stepping up business development activities in the coming months, after reporting increased revenue and a substantial rise in profit last year.

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TRADING UPDATES: Dillistone sees revenue growth; Petro plans fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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