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Pin to quick picksCrimson Tide Share News (TIDE)

Share Price Information for Crimson Tide (TIDE)

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Share Price: 175.00
Bid: 170.00
Ask: 180.00
Change: 0.00 (0.00%)
Spread: 10.00 (5.882%)
Open: 175.00
High: 175.00
Low: 175.00
Prev. Close: 175.00
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IN BRIEF: Crimson Tide shares surge on contract win with wholesaler

Tue, 19th Jul 2022 11:19

Crimson Tide PLC - Kent, England-based mobile software firm - Secures three-year contract with a "major wholesaler". The contract worth GBP550,000 sees the new client using Crimson's "mpro5 solution to digitalise processes across its entire estate of over 190 stores in the UK." Explains that the contract digitalises logbooks, which retail and wholesale companies use to prove compliance to regulators.

"Our ability to provide this new client with dramatically improved insight into its operations, further evidences the diverse and flexible nature of the mpro5 platform. The contract is another building block in our growing annual recurring revenue," says Crimson Chair Barrie Whipp.

Current stock price: 2.38 pence, up 13% on Tuesday

12-month change: up from 0.032p

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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