Last checked at 30 Apr 2019 14:04
Crimson Tide reports sharp fall in full-year profits before tax
(Sharecast News) - British software provider Crimson Tide reported a sharp drop in full-year profits.
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Crimson Tide Information
Share Price Information for Crimson Tide (TIDE)
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Share Price:
162.50
Bid:
155.00
Ask:
170.00
Change:
9.50 (6.21%)
Spread:
15.00 (9.677%)
Open:
153.00
High:
162.50
Low:
153.00
Prev. Close:
153.00
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Don't have an account? Click here to register.Crimson Tide expects year-end profits to double
Wed, 14th Dec 2016 09:42
(ShareCast News) - Crimson Tide, the provider of mpro5 smart mobility as a service, expects profit after tax for the year ended 31 December 2016 to have doubled with revenue to be over £1.75m. Mpro5 is an an enterprise class mobile business solution available on iOS, Android & Windows Phone 8.Cash generation during the year has continued to be "strong" and is expected to be "significantly" higher than the year ended 2015.In terms of contracts during the period, the company has secured its largest to date with a major UK supermarket. Aside from that, it has won a long term agreement with the National Centre for Hereditary Coagulation Disorders (NCHCD) in Ireland and an increased value contract extension with Interserve, the international support services and construction group.The company also announced that its Technical Director Luke Jeffrey has been promoted to the deputy chief executive.Executive chairman Barrie Whipp said: "We have continued to win profitable, cash generative business with high levels of visible, recurring revenue from major organisations. These contracts provide a very stable platform from which to continue to grow the business but also excellent reference sites for attracting new customers, which is always a key challenge for smaller companies."Our team has doubled in number in 18 months and we expect our results to show a doubling of profits for the second year in a row. This gives us the resources and confidence for sound strategic investments which will enable us to drive the business forward aggressively in 2017 and beyond."The share price rose 10.71% to 3.10p at 1412 GMT on Wednesday.
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30 Apr 2019 11:47
Crimson Tide "Well Positioned" For Growth Despite Fall In 2018 Profit
LONDON (Alliance News) - Crimson Tide PLC on Tuesday reported a sharp decrease in profit in 2018 after it made new investments in sales and marketing to accelerate its growth potential.The
Read more7 Feb 2019 10:30
Crimson Tide rises after double rail contract win
(Sharecast News) - Crimson Tide jumped on Thursday after signing new contracts of a value amounting to almost £0.25m with Northern Rail and Arriva UK Trains subsidiary Chiltern Railways.
Read more29 Jan 2019 11:43
Crimson Tide profits top expectations as subscriber additions accelerate
(Sharecast News) - Cloud-based managed mobility service Crimson Tide expects profits to come in well ahead of market expectations in its recently wrapped up trading year after an accelerated number of subscriber additions.
Read more29 Jan 2019 11:32
Crimson Tide Planning Expansion, Profit Set To Beat Expectations
LONDON (Alliance News) - Crimson Tide PLC on Tuesday said it expects annual profit to come in ahead of market forecasts, an "especially" pleasing results.Crimson Tide shares were
Read more20 Sep 2018 10:30
WINNERS & LOSERS SUMMARY: Rio Tinto Up On Plan To Return Sale Proceeds
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Read more20 Sep 2018 09:59
Crimson Tide Shares Increase After New Contract Wins
LONDON (Alliance News) - Crimson Tide PLC shares rose on Thursday as the company two announced contract wins.Shares in the company, which provides a workforce management software called 25%
Read more20 Sep 2018 08:36
Crimson Tide eyes Middle Eastern expansion following contract wins
(Sharecast News) - Crimson Tide has successfully inked a number of new contracts across the Middle East and the US.
Read more5 Jul 2018 12:46
Crimson Tide Reports Progress In Mpro5 Healthcare Applications
LONDON (Alliance News) - Crimson Tide PLC said on Thursday its workforce management software application mpro5 has been accepted to GCloud 10, the government marketplace for applications.An
Read more28 Mar 2018 13:10
Crimson Tide Appoints Deputy Boss Luke Jeffrey As New Chief Executive
LONDON (Alliance News) - Mobile working software provider Crimson Tide PLC said Wednesday it appointed Deputy Chief Executive Officer Luke Jeffrey as its new boss with - at -
Read more18 Jul 2016 12:25
Crimson Tide wins contract with 'large' unnamed retailer
(ShareCast News) - Crimson Tide, the AIM-quoted provider of mpro5-Smart Mobility as a service, has won a pilot contract with a "large" unnamed UK retailer worth an initial £0.2m that could extend to four years "with a considerably higher value". The roll-out involves implementing the mobility platfo
Read more18 Jul 2016 12:23
Christie Group warns on profit after Brexit vote
(ShareCast News) - Operating profit for the year ending 31 December at Christie Group is likely to be lower than previously expected due to softer-than-anticipated trading in its professional business services division on the back of the Brexit vote. The company said a number of transactions were lo
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