By Iain Gilbert
Date: Friday 15 Dec 2023
LONDON (ShareCast) - (Sharecast News) - Getech shares slumped on Friday after the firm warned that full-year revenues would be lower year-on-year amid a "growing level of caution" among clients.
Full-year sales were now expected to come in at £4-.0m-4.4m, down from £5.1m a year earlier.
However, Getech did note that demand for its services and data was increasing for 2024 and beyond, with its order book standing at £3.7m.
The AIM-listed firm also noted it had a "substantial" pipeline of projects across all petroleum, critical and battery metals and geothermal, though the order book was down from £4.4m in June.
As of 1330 GMT, Getech shares had slumped 27.45% to 5.26p.
Reporting by Iain Gilbert at Sharecast.com
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| Currency | UK Pounds |
| Share Price | 2.05p |
| Change Today | -0.050p |
| % Change | -2.38 % |
| 52 Week High | 2.40p |
| 52 Week Low | 1.65p |
| Volume | 9 |
| Shares Issued | 152.47m |
| Market Cap | £3.13m |
| RiskGrade | 906 |
| Value |
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| Price Trend |
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| Income | ![]() |
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| Growth |
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| Latest | Previous | |
|---|---|---|
| Final | Interim | |
| Ex-Div | 19-Nov-15 | 02-Apr-15 |
| Paid | 17-Dec-15 | 01-May-15 |
| Amount | 1.74p | 0.46p |
| CEO | Christopher Paul Jepps |
| Chair | Michael Covington |
| CFO | Simon Brown |
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