Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Panoply Annual Loss Widens; Optimistic On Prospects

Thu, 30th Jul 2020 18:18

Panoply Holdings PLC - AIM-listed technology services group - For financial year ended March 31, pretax loss widens to GBP3.0 million from GBP1.7 million in financial 2019. Revenue jumps to GBP31.5 million from GBP22.1 million. Administrative expenses rise to GBP15.1 million from GBP5.0 million. "Looking forward, and accelerated by the impact of Covid-19, we are increasingly seeing digital transformation services embraced across local government, healthcare, and the other key public sector areas in which we operate. With a confidence in the distinct model and ethos that sets The Panoply apart, we are in an excellent position to capitalise on the demand for a truly modern, technologically-driven public sector fit for the new world we live in," says Chief Executive Neal Gandhi.

Current stock price: 90.00 pence

Year-to-date change: up 6.1%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
1 Jun 2024 13:01

EXECUTIVE CHANGES: Pendragon chair to remain chair of Pinewood Tech

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday this week and not...

30 May 2024 17:31

EARNINGS AND TRADING: TPXimpact expects growth; Novacyt loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately report...

30 May 2024 11:56

LONDON MARKET MIDDAY: Auto Trader shines thanks to annual results

(Alliance News) - Stocks in Europe were stable at midday on Thursday, but stocks in New York were called to open higher, as investors eye US data.

30 May 2024 10:00

AIM WINNERS & LOSERS: TPXimpact rises on "strong" final quarter

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

12 Feb 2024 12:46

TPXimpact ends third quarter in line with expectations

(Sharecast News) - TPXimpact reported a positive performance in the December quarter in a trading update on Monday, aligned with its financial targets...

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.