Rosslyn Data Technologies (RDT)

Sector:

IT Services

Index:

FTSE AIM All-Share

 0.73p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.85
  • 52 Week Low: 0.58
  • Currency: UK Pounds
  • Shares Issued: 339.86m
  • Volume: 1,573,607
  • Market Cap: 2.46m
  • RiskGrade: 197

Rosslyn signs two new contracts worth 1m

By Josh White

Date: Monday 07 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Cloud-based enterprise data technology leader Rosslyn announced the signing of two multi-year contracts with new blue-chip customers on Monday, worth about £1m in total over five years.

The AIM-traded firm said the new, unnamed clients included a "multinational aerospace engineering company" based in the United States, and a global automotive car rental company.

It said both deals were secured through existing partners, which the board said underscored the value of its partner-led go-to-market approach.

One contract was via a strategic systems integrator, and one was via a business process outsourcing partner.

"We're pleased to have won these new contracts, which expand our blue-chip customer base and which were all secured through our partner network," said chief executive officer Paul Watts.

"During the first six months of our 2023 financial year, we have signed a total of five deals, which represents a strong increase in momentum.

"With a good pipeline for the rest of the year, and combined with our recent divestments of Langdon Systems and Integritie that will significantly reduce our cash burn, we look to the future with confidence."

At 1109 GMT, shares in Rosslyn Data Technologies were up 7.06% at 0.91p.

Reporting by Josh White for 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.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RDT Market Data

Currency UK Pounds
Share Price 0.73p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.85
52 Week Low 0.58
Volume 1,573,607
Shares Issued 339.86m
Market Cap 2.46m
RiskGrade 197

RDT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.93% above the market average12.93% above the market average12.93% above the market average12.93% above the market average12.93% above the market average
54.17% above the sector average54.17% above the sector average54.17% above the sector average54.17% above the sector average54.17% above the sector average
Price Trend
96% below the market average96% below the market average96% below the market average96% below the market average96% below the market average
84.47% below the sector average84.47% below the sector average84.47% below the sector average84.47% below the sector average84.47% below the sector average
Income Not Available
Growth
55.36% below the market average55.36% below the market average55.36% below the market average55.36% below the market average55.36% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% 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.

RDT Dividends

No dividends found

Trades for 29-Mar-2023

Time Volume / Share Price
16:35 153 @ 0.70p
16:23 66,845 @ 0.71p
11:36 500,000 @ 0.70p
11:35 500,000 @ 0.71p
11:34 500,000 @ 0.71p

RDT Key Personnel

Chair James Appleby
CEO Paul Watts

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