Tribal Group (TRB)

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FTSE AIM All-Share

 42.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 71.70
  • 52 Week Low: 36.80
  • Currency: UK Pounds
  • Shares Issued: 212.22m
  • Volume: 1,000
  • Market Cap: £90.19m
  • RiskGrade: 242

Tribal Group inks multiple cloud contract wins

By Iain Gilbert

Date: Monday 02 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Software and services provider Tribal Group said on Monday that had secured a series of cloud contract wins, demonstrating the attraction of its "expanding range of cloud offerings".
Tribal said the new agreements had a combined total contract value of £7.1m and were expected to deliver an incremental annual recurring revenue run rate of nearly £1.2m by the end of 2022.

The AIM-listed group said its first agreement was a £3.5m, five-year contract with existing customer, the University of Warwick, with new customers Solent University and the University of West London also awarding Tribal contracts to implement its SITS:Vision product as their new student management system.

Tribal added that Semestry, the group's recent acquisition, had secured "a significant win" with a new customer for its cloud scheduling product at the University of Leiden in the Netherlands.

Chief executive Mark Pickett, Tribal's CEO, commented: "I am delighted to welcome three new customers to Tribal, and delighted that the University of Warwick, one of the top research and teaching universities in the world, has selected our cloud service for the ongoing provision of their core student administration service.

"With a growing recognition across the global education sector of the benefits the public cloud can provide, we are excited by the opportunity ahead."

As of 1010 BST, Tribal shares were up 1.96% at 104.0p.

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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.

 

Tribal Group Market Data

Currency UK Pounds
Share Price 42.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 71.70
52 Week Low 36.80
Volume 1,000
Shares Issued 212.22m
Market Cap £90.19m
RiskGrade 242

Tribal Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.02% below the market average22.02% below the market average22.02% below the market average22.02% below the market average22.02% below the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Price Trend
22.4% below the market average22.4% below the market average22.4% below the market average22.4% below the market average22.4% below the market average
50.5% below the sector average50.5% below the sector average50.5% below the sector average50.5% below the sector average50.5% below the sector average
Income
83.08% below the market average83.08% below the market average83.08% below the market average83.08% below the market average83.08% below the market average
78.46% below the sector average78.46% below the sector average78.46% below the sector average78.46% below the sector average78.46% below the sector average
Growth
29.50% above the market average29.50% above the market average29.50% above the market average29.50% above the market average29.50% above the market average
18.00% above the sector average18.00% above the sector average18.00% above the sector average18.00% above the sector average18.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tribal Group Dividends

  Latest Previous
  Final Final
Ex-Div 22-Jun-23 23-Jun-22
Paid 27-Jul-23 28-Jul-22
Amount 0.65p 1.30p

Trades for 28-Mar-2024

Time Volume / Share Price
08:22 1,000 @ 43.67p

Tribal Group Key Personnel

CEO Mark Pickett
CFO Diane McIntyre

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