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Great news here - at last. The future looks brighter.
"It has been a promising year of financial and operational progress and
Intercede is now very well positioned for further growth. We enter FY23 with
positive momentum and lots of opportunities. When I look at the various
elements of this business; particularly the experienced management team, the
high growth cybersecurity market, the blue-chip customer base, the pipeline
and the resilient response to market conditions in the last two years, I
remain confident of the Group's future prospects. Significant progress was
made in FY22 and I am excited for the year ahead."
super news,,, buzzing up
Looks good so bound to go down then!
Weird. Some are just never happy!
Interesting!
Fantastic!
Keep calm and carry on RNS. No sinking ship here.
Looking GREAT!
''has signed a new two-year contract worth at least £1 million with a pan-Asian consumer services company.''
Well that's nice.
awful...
and this
Chief Executive Officer recruitment costs of £741,000 (2020: £nil) include settlement costs and legal fees of £318,000 associated with the transition of the former Chief Executive Officer to a non-executive role and external recruitment fees of £423,000.
Sureserve Group PLC - 10-year £20 million win for Tower Hamlets Homes
bla bla bla
Riddler
DeepMatter Group Plc (AIM: DMTR) ("DeepMatter" the "Company" or the "Group"),
the international digital chemistry data company, today announces a placing
and subscription to raise gross proceeds of £2.55 million, at a price of 0.1
pence per new ordinary share of 0.01 pence each .
Following DeepMatter's announcement on 17 December 2021 that it was in
discussions around raising equity investment, the Placing and Subscription
will enable the Group to move forward without the need to re-evaluate its
strategy and outlook.
The Placing and Subscription is being financed by a small number of new
professional individual investors and existing institutional shareholders.
In addition to the Placing and Subscription, the Group is proposing to raise
up to £0.25 million by way of an open offer which will be available to all
Qualifying Shareholders at the Record Time (the "Open Offer", together with
the Placing and the Subscription, the "Fundraise").
The Placing is being made on the basis of the terms and conditions set out in
the Appendix below. The Placing is being conducted by Canaccord Genuity
Limited ("Canaccord Genuity") as Nomad, Sole Bookrunner and Broker (the
"Broker").
The Circular will be sent to Shareholders early in 2022 which sets out further
details on the proposed Fundraise and will contain the notice convening the
General Meeting for the purpose of considering the Resolutions and associated
matters.
Further to the announcement made on the 17 December 2021, DeepMatter continues
to engage with Standigm over the multi-year deal as outlined. However, the
Directors now believe that this contract will now be signed in 2022, which
will result in revenue for 2021 being lower than Director's expectations.
The Group is dependent on the completion of the Fundraise and the receipt of
the net proceeds of the Fundraise in order for it to continue to meet its
forecasts and execute its strategy. In the event that the Resolutions are not
passed at the General Meeting and the Fundraise is not completed, the Board
would have to immediately re-evaluate the strategy and outlook of the Group .
Financial Highlights
o Total revenue for the year increased by a strong 143% to £ 133 million
(ZAR 2.8 billion)(1) (2020: £ 54.8 million (ZAR 1.1 billion))
o Attributable operational earnings(2) growth of 183% to £ 71 million (ZAR1.5 billion) (2020: £ 25 million (ZAR 494.5 million)) and a return on equity of 35.4%, compared with 21.2% in the previous year
o Adjusted(3) profit before tax up 324% to £ 52 million (ZAR 1.1 billion) (2020: £ 12.3 million (ZAR: 242 million))
o Profit after tax adjusted for non-cash expenses including impairments, gain on bargain purchase and share based payments up 194% to £ 49 million(ZAR 1 billion) (2020: £ 17 million (ZAR: 331 million))
o Adjusted earnings per share up 163% to 2.25 pence (ZAR 46.66 cents) (2020:0.86 pence (ZAR 16.9 cents))
o Revenue and earnings growth was achieved during a period of substantial
infrastructure investment, integration and planned operational downtime andhas provided a tremendous platform for further future growth
o Jubilee delivered strong cash flows from operating activities of £ 23.8million (ZAR 108 million) (2020: positive cash flow of £ 19.4 million (ZAR415.4 million))
o During the year under review, a total of £ 19.8 million (ZAR 391.9million) was invested in acquisitions and purchases of property, plant andequipment compared with the previous year's total investment of £ 26.1
million (ZAR 558 million) while a further £ 1.8 million (ZAR 35.5 million)(2020: £ 4.2 million (ZAR 89 million)) of external debt obligations wererepaid
o Earnings per share up 93%, to 1.81 pence (ZAR 37.50 cents) (2020: 0.94pence (ZAR 18.47 cents))
o The Group boosted its operating profit by a strong 189%, to £ 45.9million (ZAR 949 million) (2020: profit of £ 15.9 million (ZAR 313.2
million)), with an operating margin of 35% (2020: 29%)
o The Group's balance sheet strengthened substantially, with total assetsincreasing by 49 %, to £ 195 million (ZAR 3.9 billion) (2020: £ 130.6million (ZAR 2.8 billion))
o Total equity increased to £ 136.5 million (ZAR 2.7 billion), from £ 94.2million (ZAR 2 billion) the year earlier, maintaining a strong equity ratio of70% (2020: 72%)
o The Group's gearing remains low, with the net cash position and currentassets(4) covering 147% (2020: 92.7%) of total liabilities
Joke replies from a joke swarm of big time Charlies with jargon rich nonsense for a joke 'company'.
He holds no shares and I'd like to know is what is his salary/incentive payments etc going to be?
Dividends restarting at 1.5 pence per share (2020: nil pence)
There is a lot going on ,,, who will ultimately benefit?,, Here's hoping us PI's get a taste of the cream,,,