RE: thornden28 Apr 2020 19:59
The integration issues had a massive impact on lookup , but that is nearly over with just Sweden left to integrate.
As with any research you can only go by the facts , in the statement from the CEO "However, both of the above effects are now being overshadowed by the material increase in volumes across our global platform during March 2020, driven by the move towards home-working associated with the Covid-19 outbreak. This is a fluid and fast-moving situation, which we are monitoring closely. At this early stage, it is too early to predict how usage levels will develop in the short term, how long this large-scale working from home will continue for, and indeed where it will settle once the outbreak subsides. We are also experiencing amplified inbound approaches from companies that are struggling with VoIP-based conferencing solutions, although it is currently unclear how many will switch to LoopUp. We are very focused on supporting our customers during this challenging period and ensuring that our platform capacity remains comfortably above demand levels"
Thus we await for a RNS
But the reality is that Bank ; Hedge Funds ; law Firms of the professional nature are turning to Loopup product.
Cisco and Skype have loopup as a add on to there service as well
The value of the company is less then the purchase of Meetingzone for Β£60 million , not including Loopup prior value.
Any Broker review above the price of now is always a guild and help on here and do understand this has not been factor in that Zoom is not a trusted platform ; its why so many company's have banned Zoom.