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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 472.00

Bid: 464.00

Ask: 480.00

Change: 2.00 (0.43%)

Spread: 16.00 (3.448%)

Open: 470.00

High: 472.00

Low: 470.00

Prev. Close: 470.00

IQG Live Price

Last checked at -

IN BRIEF: IQGeo shares drop despite interim revenue more than doubling

Mon, 25th Sep 2023 10:48

IQGeo Group PLC - provider of geospatial productivity and collaboration software for the telecommunications and utility network industries - Reports a narrowed loss in the first half of 2023, amid sharply higher revenue, and says it has a "very positive" outlook for its target markets in the year as a whole. Pretax loss narrows to GBP177,000 in the six months ended June 30, from GBP483,000 the previous year. Revenue more than doubles to GBP20.5 million from GBP9.2 million. Says its performance remains in line with expectations and is "very positive" about the outlook for its target markets.

Current stock price: 266.00 pence, down 8.3% in London on Monday morning

12-month change: up 76%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News

31 Oct 2019 18:11

IQGeo Appoints Co-Founder Of Major Shareholder As Non-Executive

IQGeo Appoints Co-Founder Of Major Shareholder As Non-Executive

10 Oct 2019 12:48

IQGeo wins geospatial platform contract with Japanese power provider

(Sharecast News) - IQGeo on Thursday won a contract with one of Japan's largest power providers following a successful rapid deployment exercise.

10 Oct 2019 11:35

IQGeo Geospatial Platform Selected By Japanese Power Provider

IQGeo Geospatial Platform Selected By Japanese Power Provider

30 Sep 2019 18:31

IQGeo Group Interim Loss Widens On Lower Revenue, Higher Costs

IQGeo Group Interim Loss Widens On Lower Revenue, Higher Costs

2 Sep 2019 19:09

QGeo Closes Tender Offer With GBP11 Million Worth Of Acceptances

(Alliance News) - IQGeo Group PLC on Monday said 23.8 million shares were tendered under its tender offer, around 33% of the company's share capital in issue.The buyback was priced at

2 Aug 2019 16:27

IQGeo Unveils Tender Offer Scheme To Give Shareholder Return

(Alliance News) - Geospatial software provider IQGeo Group PLC said on Friday that it is launching a tender offer to give shareholders excess cash generated from the sale of RTLS sold RTLS to a by

21 Jun 2019 14:45

IQGeo Appoints Former Vodafone Regional Technology Officer To Board

(Alliance News) - IQGeo Group PLC on Friday said it has appointed a former regional chief technology officer at Vodafone PLC as an independent non-executive director.Andy MacLeod joins the

11 Apr 2019 10:51

IQGeo Swings To Loss In 2018 On RTLS SmartSpace And Ubisense Sale

LONDON (Alliance News) - IQGeo Group PLC on Thursday said it sunk to loss in 2018 following a disposal of its RTLS SmartSpace business and Ubisense brand, aiming to focus solely on geographic to a

14 Feb 2019 13:34

Harverson steps down permanently as IQGeo chairman

(Sharecast News) - IQGeo Group updated the market on its chairman on Thursday, confirming that, following his recent illness, Peter Harverson had decided to resign from the board and all group companies with immediate effect.

14 Feb 2019 13:01

IQGgeo Chair Peter Harverson Resigns Following Recent Illness

LONDON (Alliance News) - IQGeo Group PLC said Thursday Chair Peter Harverson has resigned from the company, with immediate effect, due to his recent illness.Paul Taylor, who was serving as

31 Jan 2019 12:39

IQGeo Expects 2018 Revenue To Fall After "Transformational Year"

LONDON (Alliance News) - IQGeo Group PLC on Thursday said it expects its revenue in 2018 to be lower than 2017 in a "transformational year".Shares in IQGeo were down 7.8% at 53.00

11 Jan 2019 10:59

Rosenblatt Promotes Interim Finance Director Parker To Permanent Role

LONDON (Alliance News) - Legal services firm Rosenblat Group PLC on Friday said that interim Finance Director Robert Parker has been appointed permanent chief financial officer with immediate has