Aferian (AFRN)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 11.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 39.00
  • 52 Week Low: 9.50
  • Currency: UK Pounds
  • Shares Issued: 111.21m
  • Volume: 42
  • Market Cap: £13.07m

Aferian FY results seen in line with previous guidance

By Iain Gilbert

Date: Thursday 08 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Video streaming services company Aferian said on Thursday that full-year group trading was in line with both internal expectations and previous guidance.
Aferian stated that adjusted operating profits for the year ended 30 November were expected to be within the $7.8m-8.8m guidance range, while total revenues were seen approximately 2% higher at $91.0m.

The AIM-listed group added that it had continued to make "strong progress" in improving the quality of earnings and enhancing revenue visibility throughout the year, primarily in its 24i business.

Chief executive Donald McGarva said: "We have continued to make progress this year to evolve Aferian into a leading video streaming solutions company to both serve and shape our growing market.

"Our results demonstrate that we continue to execute on improving our software and annualised recurring revenue growth and we look forward to providing more detail at the time of our full-year results."

As of 0955 GMT, Aferian shares were down 1.08% at 90.02p.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Aferian Market Data

Currency UK Pounds
Share Price 11.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 39.00
52 Week Low 9.50
Volume 42
Shares Issued 111.21m
Market Cap £13.07m

Aferian Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.62% above the market average95.62% above the market average95.62% above the market average95.62% above the market average95.62% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
86.63% below the market average86.63% below the market average86.63% below the market average86.63% below the market average86.63% below the market average
92% below the sector average92% below the sector average92% below the sector average92% below the sector average92% below the sector average
Income
83.33% above the market average83.33% above the market average83.33% above the market average83.33% above the market average83.33% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
82.84% below the market average82.84% below the market average82.84% below the market average82.84% below the market average82.84% below the market average
84% below the sector average84% below the sector average84% below the sector average84% below the sector average84% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Aferian Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Sep-22 07-Apr-22
Paid 26-Sep-22 22-Apr-22
Amount 1.00p 2.09p

Trades for 28-Mar-2024

Time Volume / Share Price
10:36 42 @ 11.79p

Aferian Key Personnel

CEO Donald McGarva
CFO Mark Carlisle

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