Elecosoft Public Limited Company (ELCO)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

103.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 146.00
  • 52 Week Low: 78.50
  • Currency: UK Pounds
  • Shares Issued: 83.15m
  • Volume: 27,562
  • Market Cap: 85.65m
  • RiskGrade: 176
  • Beta: 0.74

Eleco makes strong start to year throughout Q1

By Iain Gilbert

Date: Friday 30 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Software group Eleco said on Friday that it had made a "strong start" to the year, building on its "resilient performance" in 2020.
Eleco said first-quarter revenues were up 9% year-on-year at 7.0m, with recurring revenues also rising 9% in the period to 3.7m.

Pre-tax profits surged 21% in what the AIM-listed group referred to as a "strongly cash generative" period, with Eleco holding a net cash position of 7.9m on 31 March - up from 6.2m on 31 December.

Chairman Serena Lang said: "I am pleased to report that Eleco has experienced a strong start to trading in the first quarter which puts the company well on track to deliver in line with market expectations for the year as a whole.

"The market opportunity for Eleco is compelling and our new, focussed growth strategy will allow us to better capitalise on the significant opportunities available to the group."

As of 0925 BST, Eleco shares were up 5.90% at 122.84p.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ELCO Market Data

Currency UK Pounds
Share Price 103.00p
Change Today 1.50p
% Change 1.48 %
52 Week High 146.00
52 Week Low 78.50
Volume 27,562
Shares Issued 83.15m
Market Cap 85.65m
Beta 0.74
RiskGrade 176

ELCO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.84% below the market average89.84% below the market average89.84% below the market average89.84% below the market average89.84% below the market average
83.78% below the sector average83.78% below the sector average83.78% below the sector average83.78% below the sector average83.78% below the sector average
Price Trend
19.00% above the market average19.00% above the market average19.00% above the market average19.00% above the market average19.00% above the market average
9.52% below the sector average9.52% below the sector average9.52% below the sector average9.52% below the sector average9.52% below the sector average
Income
90.51% below the market average90.51% below the market average90.51% below the market average90.51% below the market average90.51% below the market average
86.21% below the sector average86.21% below the sector average86.21% below the sector average86.21% below the sector average86.21% below the sector average
Growth
71.88% above the market average71.88% above the market average71.88% above the market average71.88% above the market average71.88% above the market average
78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average78.95% above the sector average

What The Brokers Say

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

ELCO Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Sep-21 13-May-21
Paid 22-Oct-21 11-Jun-21
Amount 0.20p 0.40p

Trades for 02-Dec-2021

Time Volume / Share Price
16:35 50 @ 103.00p
16:03 500 @ 98.00p
15:31 500 @ 98.00p
14:58 2,167 @ 98.00p
14:57 2,164 @ 98.00p

ELCO Key Personnel

CEO Jonathan Albert Hunter
CFO Robert Tearle

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