IQGEO Group (IQG)

Sector:

IT Hardware

Index:

FTSE AIM 100

 450.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 450.00
  • 52 Week Low: 203.00
  • Currency: UK Pounds
  • Shares Issued: 61.71m
  • Volume: 100,683
  • Market Cap: £277.68m

IQGeo scores 'large contract' with Canadian telco

By Iain Gilbert

Date: Friday 29 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Software and services firm IQGeo has secured "a large contract" with an unnamed Canadian telecoms network operator.
IQGeo said the contract with the mystery telco, which serves more than 3.2mm in central and western Canada, has an order value over the next two years of £1.3m for perpetual software licences, associated implementation services and annual maintenance and support.

The AIM-listed group said its new customer will deploy its IQGeo Platform and Workflow Manager software to create a situational awareness and operations support solution designed to accelerate fibre rollout time-to-market and improve customer satisfaction.

Chief executive Richard Petti said: "This new announcement is on the back of a large customer win we secured with another Tier 1 Canadian telecoms provider at the end of 2020. We have now established 4 of the top 5 Canadian telecoms operators as IQGeo customers and look forward to deploying and growing these accounts over time as they add new users and roll out additional applications to support business-critical activities across their entire operational lifecycle."

As of 0855 GMT, IQGeo shares were up 2.51% at 102.0p.

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IQGEO Group Market Data

Currency UK Pounds
Share Price 450.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 450.00
52 Week Low 203.00
Volume 100,683
Shares Issued 61.71m
Market Cap £277.68m

IQGEO Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.35% below the market average81.35% below the market average81.35% below the market average81.35% below the market average81.35% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
99.09% above the market average99.09% above the market average99.09% above the market average99.09% above the market average99.09% above the market average
92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average
Income Not Available
Growth
52.37% above the market average52.37% above the market average52.37% above the market average52.37% above the market average52.37% above the market average
44.00% above the sector average44.00% above the sector average44.00% above the sector average44.00% above the sector average44.00% 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.

IQGEO Group Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
13:15 25,000 @ 436.00p
16:35 3 @ 450.00p
16:35 3 @ 450.00p
16:24 1,000 @ 440.00p
16:24 1,136 @ 440.00p

IQGEO Group Key Personnel

CEO Richard Petti
CFO Haywood Chapman

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