Tialis Essential IT (TIA)

Sector:

IT Services

Index:

FTSE AIM All-Share

 56.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 137.50
  • 52 Week Low: 56.00
  • Currency: UK Pounds
  • Shares Issued: 24.12m
  • Volume: 0
  • Market Cap: £13.63m

IDE Group shares surge after securing 'significant' contract win

By Iain Gilbert

Date: Monday 04 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Cloud and IT managed services provider IDE Group has signed a "significant" new contract with an existing customer within its partnership channel.
IDE said on Monday that its mystery partner had committed to procure services up to a value of £22.5m over the next three years, with the opportunity to extend for up to another two years if the commitment is not met.

The AIM-listed group added that the £22.5 million was in addition to the existing £5.0m in annual revenues of revenue contracted with the partner.

Chairman Andy Parker said: "This contract win further enhances our existing relationship with a long-standing partner and is testament to the excellent service provided by IDE. We continue to believe that IDE is well-positioned in the market with a product offering that is well-aligned to customer requirements, and this contract is evidence thereof.

"The global pandemic led to many challenges, and it is in this context we are pleased to report that underlying trading has been satisfactory in the second half of 2020."

As of 0940 GMT, IDE shares had skyrocketed 301.29% to 3.11p.

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

 

TIA Market Data

Currency UK Pounds
Share Price 56.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 137.50
52 Week Low 56.00
Volume 0
Shares Issued 24.12m
Market Cap £13.63m

TIA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
86.61% below the market average86.61% below the market average86.61% below the market average86.61% below the market average86.61% below the market average
68.93% below the sector average68.93% below the sector average68.93% below the sector average68.93% below the sector average68.93% below the sector average
Income Not Available
Growth
39.47% below the market average39.47% below the market average39.47% below the market average39.47% below the market average39.47% below the market average
47.47% below the sector average47.47% below the sector average47.47% below the sector average47.47% below the sector average47.47% below the sector average

TIA Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 04-Jun-14
Paid n/a 04-Jul-14
Amount 0.000p 3.00p

Trades for --2023

Time Volume / Share Price
0 @ 0.000p

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