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0.76p to sell offered! Shares needed!

to buy! After hours RNS with another contract!?

+31.67% and rising!

BID UP! Moving now!

And Merlin is the software that belongs to the company? That's correct yes?

Are you invested here Miss G? What is your view on this company which has huge prospects?

What's your view Ironic. In terms of how big this company could go? The more I look the more I think this company has the SME market in its hands and could expand massively especially with these chunky contracts coming in!

Should have put historic. But still relevant.

Overall this has resulted in gross profit growth of 57.1% when compared to the corresponding period last year.

Toople pries 'major contract' away from Vodafone

(ShareCast News) - Telecommunications provider Toople has won another significant contract, this time with a Southern England based tyre company.
Toople announced on Tuesday it had inked a 24-month contract with the commercial mobile service van fleet operator to provide the unnamed customer with all its mobile connections and had already switched the client from Vodafone, its existing provider, to Toople using the 02 network.

Andy Hollingworth, Toople's chief executive, said, "It's great to see that the Toople approach of fixed prices and transparent costs has again been attractive and successful in winning a customer from one of the big carriers. What particularly appealed to this customer was unlimited calls, unlimited texts and a great monthly data allocation for a fixed monthly cost."

This builds on the March contract win for Toople with an unnamed London based bakery, providing full telecom services across its 52 retail sites and its company headquarters.

Toople if focused primarily on the UK SME market, offering services including business broadband, fibre, ethernet data services, business mobile phones, cloud PBX and traditional services, all delivered and managed through its proprietary software platform.

As of 0830 BST, shares had jumped 18% to 0.88p.

Andy Hollingworth, CEO of Toople commented:

"We have worked hard to put in place new operational structures across the business and this has started to bear fruit with orders and total revenues up significantly when compared with the same period last year. Importantly margins and gross profit are also improving. We have won a number of significant new contracts and early indications about their success are very encouraging as revenue continues to grow. The Board expects this to continue and we look to the future with confidence and optimism."

Toople Plc (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, today gives the following update on trading.

The Board is pleased to report that during the three months since 31 March 2018 the Company has made significant operational progress across a number of key areas within the business. The Company has achieved a number of new contract wins which are performing well and driving revenue growth. Total orders received across the business during the period were up 218% when compared to the same period in 2017.

Total revenues in the quarter grew by 27.2% when compared to 2017. During the period, gross margins also improved to 14.76% (2017: 11.95%) and within the retail division this was even higher at 23.7% (2017: 17.6%). Overall this has resulted in gross profit growth of 57.1% when compared to the corresponding period last year.

Details of some of the most notable contract wins are as follows:

· minimum 24 month contract with London-based bakery to provide full telecoms services to their 52 retail sites and company headquarters

o broadband, telephony and mobile Wi-Fi to all retail outlets

o high-speed broadband, IDSN connectivity and Wi-Fi services to headquarters and distribution offices

· 14 month contract with Southern based tyre company which also operates a fleet of mobile service vans

o all the business's mobile connections

· 24 month contract with a South East based IT, cloud and telecoms provider to move its wholesale telecoms spend to Toople

o contract expected to be worth at least £360,000

· initial 36 month contract with one of the UK's leading utility switching businesses

o a full range of products and services: business broadband, fibre, EFM and Ethernet data services, business mobile phones, cloud PBX and SIP trunking and traditional services (calls and lines) - all delivered through Merlin

· contract with leading energy business expanding its portfolio of products to offer telecoms and broadband solutions

o Toople will provide its triple play services to the business's clients

· contract with a tech services company, which will add telecoms solutions to their product offering and to be delivered by Toople

The Company continues to increase its marketing activity to drive organic growth and the investment in its new sales centre has delivered a healthy increase in orders per customer when compared with results achieved by its previously outsourced relationship, leading to an increased gross margin per customer.

In June 2018, Kevin Lawrence was appointed as CFO, which strengthens the executive team ahead of an intended move to complement the existing organic growth with the acquisition of other telecoms businesses.

Andy Hollingworth, CEO of Toople commented:

"We have worked hard to put in place new operational structures across the business and this has started to bear fruit with orders and total revenues up significantly wh

Well said Sonic. Massively undervalued and low amount of shares available.

If they announce another big contract such as the £3.5 mill this month that would bring in revenue around 7 times the current market cap. Trading at only 0.80p. This should move to at least 7p short term on one contract!

It is possible. This could be huge. With the markets falling and stocks not giving returns across the board this is a steal at the current SP and with multi million £ contracts coming in this is getting very exciting! This could make you RICH! imho

would this rival the big telecoms companies? Low amount of shares in issue. Money flooding in from contracts and news on big contracts each month!

+30.83%

SP moving again! News on another contract IMHO!

Estimates in next 6 months if contracts continue as they have been....?

+26.25%