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Pin to quick picksCrimson Tide Share News (TIDE)

Share Price Information for Crimson Tide (TIDE)

London Stock Exchange
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Share Price: 150.00
Bid: 145.00
Ask: 155.00
Change: -2.50 (-1.64%)
Spread: 10.00 (6.897%)
Open: 152.50
High: 152.50
Low: 150.00
Prev. Close: 152.50
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IN BRIEF: Crimson Tide Profit Jumps As Mobility Solutions Outperforms

Fri, 18th Sep 2020 14:42

Crimson Tide PLC - Kent-based mobile software firm - Pretax profit more than doubles to GBP257,000 in the six months ended June 30 from GBP120,000 the year before as revenue jumps 38% to GBP1.8 million from GBP1.3 million. Mobility solutions revenue up 15% at GBP1.5 million from GBP1.3 million. Hardware sales under IFRS 15 at GBP225,000 compared to nothing year before.

Founder & Chair Barrie Whipp says: "Crimson Tide performed exceptionally well in all areas of the business in the first half. All of our management metrics were achieved and we continued to add quality, long term subscription revenues. Our product development continued, driven by opportunities within our existing and potential customer base. The business is set fair for future growth and profitability. "

Current stock price: 3.87 pence

Year-to-date change: up 61%

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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30 Apr 2019 14:04

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30 Apr 2019 11:47

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7 Feb 2019 10:30

Crimson Tide rises after double rail contract win

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29 Jan 2019 11:43

Crimson Tide profits top expectations as subscriber additions accelerate

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29 Jan 2019 11:32

Crimson Tide Planning Expansion, Profit Set To Beat Expectations

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20 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%

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20 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.

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5 Jul 2018 12:46

Crimson Tide Reports Progress In Mpro5 Healthcare Applications

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28 Mar 2018 13:10

Crimson Tide Appoints Deputy Boss Luke Jeffrey As New Chief Executive

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14 Dec 2016 09:42

Crimson Tide expects year-end profits to double

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13 Oct 2016 07:50

Crimson Tide Inks Four-Year GBP1.7 Million Contract With UK Retailer

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18 Jul 2016 12:25

Crimson Tide wins contract with 'large' unnamed retailer

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18 Jul 2016 07:33

Crimson Tide Wins Contract With UK Retailer To Provide Product Mpro5

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