Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIqgeo Share News (IQG)

Share Price Information for Iqgeo (IQG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 121.50
Bid: 120.00
Ask: 123.00
Change: 0.00 (0.00%)
Spread: 3.00 (2.50%)
Open: 121.50
High: 121.50
Low: 121.50
Yest. Close: 121.50
IQG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

IQGeo Narrows Interim Loss As It Reaps Rewards Of Subscription Model

Mon, 14th Sep 2020 12:57

(Alliance News) - IQGeo Group PLC said it is optimistic about the rest of 2020 after posting a 30% revenue rise in the first half of the year.

Revenue in the six months to June 30 climbed to GBP4.7 million from GBP3.6 million. The Cambridge-based software company's pretax loss narrowed to GBP1.7 million from GBP3.2 million.

"I am pleased that we have executed our strategy well in the first six months of the year with continued good momentum in the second half. Despite the Covid-19 related market downturn we were able to increase our bookings and revenue thanks largely to our subscription model," Chief Executive Officer Richard Petti said.

"We remain confident in the business opportunities and prospects for the remainder of the year."

Shares in the company were 0.9% lower at 66.40 pence each in London on Monday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

11 May 21 16:13

TRADING UPDATES: McColl's decides against payout; Luceco profit surges

TRADING UPDATES: McColl's decides against payout; Luceco profit surges

23 Mar 21 11:27

TRADING UPDATES: Character Extends Peppa Pig Deal; Dekel Raises Cash

TRADING UPDATES: Character Extends Peppa Pig Deal; Dekel Raises Cash

29 Jan 21 18:26

IQGeo scores 'large contract' with Canadian telco

(Sharecast News) - Software and services firm IQGeo has secured "a large contract" with an unnamed Canadian telecoms network operator.

29 Jan 21 08:58

IQGeo Outlook Confident As Revenue Rises In 2020 Amid High Demand

IQGeo Outlook Confident As Revenue Rises In 2020 Amid High Demand

18 Jan 21 11:46

IQGeo To Sell Remaining Stake In RTLS SmartSpace For GBP2.5 Million

IQGeo To Sell Remaining Stake In RTLS SmartSpace For GBP2.5 Million

31 Dec 20 09:14

IN BRIEF: IQGeo Signs Contract With "Major Tier 1" Canadian Network

IN BRIEF: IQGeo Signs Contract With "Major Tier 1" Canadian Network

22 Dec 20 11:36

IQGeo secures 'significant' contract with Canadian telco

(Sharecast News) - Software developer IQGeo has secured a "significant new contract" for software and services with an unnamed major Canadian telecoms network operator.

22 Dec 20 08:21

IN BRIEF: IQGeo Raises GBP5.3 Million Via Placing To Fund Acquisition

IN BRIEF: IQGeo Raises GBP5.3 Million Via Placing To Fund Acquisition

1 Dec 20 18:19

IN BRIEF: IQGeo Makes USD8.8 Million Acquisition; Plans Fundraise

IN BRIEF: IQGeo Makes USD8.8 Million Acquisition; Plans Fundraise

1 Dec 20 13:04

IN BRIEF: IQGeo Inks Contract Extension With US Utility Network Firm

IN BRIEF: IQGeo Inks Contract Extension With US Utility Network Firm

19 Oct 20 20:22

IQGeo Narrows Interim Loss As It Reaps Rewards Of Subscription Model

IQGeo Narrows Interim Loss As It Reaps Rewards Of Subscription Model

14 Sep 20 12:57

IQGeo wins 'significant' new tier 1 telecoms contract

(Sharecast News) - IQGeo announced a "significant" new contract for software licenses and services with a large tier 1 telecoms network operator on Thursday.

3 Sep 20 16:57

IN BRIEF: IQGeo Wins USD800,000 Contract With US Telecoms Operator

IN BRIEF: IQGeo Wins USD800,000 Contract With US Telecoms Operator

3 Sep 20 14:31

UK EXECUTIVE CHANGE SUMMARY: Portmeirion Refreshes Leadership

UK EXECUTIVE CHANGE SUMMARY: Portmeirion Refreshes Leadership

4 Aug 20 13:57

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.