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StatPro half-year recurring revenues soar 26%

Tue, 19th Jul 2016 09:55

(ShareCast News) - Investment software maker StatPro Group said half year annualised recurring revenues (ARR) rose 26% to £36.2m"Our forward order book continues to grow and we are trading in line with our expectations for the year as a whole," the company said in a trading statement.ARR from its cloud based services soared by112% to £13.7m. Revenue for StatPro's forward order book increased by 19% to £44.1m.The company said there had been a "significant positive impact" of £3m on group ARR due to the weakness in the pound, as only 15% of the group's ARR is denominated in GBP.Net debt at 30 June 2016 was approximately £9.1m and the the group has a total committed facility of approximately £17.3m and an additional uncommitted facility of around £7.5m.StatPro said it expects to book a one-off £1.5m exceptional charges for the half relating to one-off costs related to the acquisition of Investor Analytics and the restructuring of the group's Paris office.
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Statpro scores £1.5m contract with South African asset manager

(ShareCast News) - Statpro, an AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has signed a five-year contract with a global South African asset manager for a minimum value of around £1.5m. The client will use StatPro Seven

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9 Jan 2017 08:25

StatPro Wins GBP1.5 Million Contract With South African Asset Manager

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31 Oct 2016 09:39

BROKER RATINGS SUMMARY: HSBC Raises IAG To Hold From Reduce

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19 Oct 2016 11:28

StatPro Group trading in line with expectations as it expands cloud platform

(ShareCast News) - Cloud-based software provider StatPro Group said it has been trading in line with expectations as it expanded its data platform product. In a trading update for the nine months ended 30 September, revenue and profits were in line with expectations for the year. Annualised recurri

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19 Oct 2016 07:07

StatPro Trading In Line With Strong Growth From Revolution Platform

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19 Sep 2016 06:53

StatPro's InfoVest Wins GBP1 Million Extension With US Asset Manager

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5 Sep 2016 15:14

StatPro signs £1.5m deal with US asset manager

(ShareCast News) - Cloud-based portfolio analysis and asset pricing services provider StatPro Group announced on Monday it has entered into a three-and-a-half-year contract with a US-headquartered "top ten global asset manager" for its Global Investment Performance Standards (GIPS) Composites servic

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3 Aug 2016 14:42

StatPro swings to loss as cloud services take flight

(ShareCast News) - Portfolio analysis tools provider StatPro Group posted its interim results for the six months to 30 June on Wednesday, with group revenue up 14% to £17.55m from £15.44m a year ago. The AIM-traded company said its flagship product, StatPro Revolution, had underlying revenue up 64%

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3 Aug 2016 07:31

StatPro Swings To Interim Loss On One-Off Costs But Revenue Surges

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19 Jul 2016 15:11

International contracts drive first half at StatPro

(ShareCast News) - Portfolio analysis and asset pricing service provider StatPro Group posted a trading update for the six months to 30 June on Tuesday, reporting a 26% increase in group annualised recurring revenue to £36.2m. The AIM-traded firm said that on a constant currency basis the rise was a

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19 Jul 2016 08:41

StatPro Recurring Revenue Grows In Half And On Track For Full Year

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14 Jun 2016 07:29

StatPro Wins GBP1.2 Million, Five-Year Deal With US Financial Group

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6 Jun 2016 06:22

StatPro Wins GBP2.3 Million Deal With Australian Financial Group

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19 May 2016 08:39

StatPro Making Progress On Cloud Push As Trading Meet Expectations

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