Getbusy (GETB)

Sector:

IT Services

Index:

FTSE AIM All-Share

64.73p
   
  • Change Today:
      0.23p
  • 52 Week High: 79.00
  • 52 Week Low: 53.25
  • Currency: UK Pounds
  • Shares Issued: 50.57m
  • Volume: 8,561
  • Market Cap: £32.73m
  • RiskGrade: 222

GetBusy H1 trading remains 'robust', makes bolt-on acquisitions

By Iain Gilbert

Date: Tuesday 19 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Software firm GetBusy said on Tuesday that trading had remained "robust" since the halfway point of the year, with progress made in all elements of its strategy.
GetBusy said its recurring revenue growth rate of 12% from the first half had been sustained in the third quarter and added that net cash at the end of September was up £300,000 at £2.3m.

The AIM-listed group stated it was looking forward to the final quarter of 2021 and into 2022 with "increasing confidence".

GetBusy also noted that it had completed two bolt-on technology acquisitions that were expected to accelerate its SmartVault offering's product roadmap across client workflows and its go-to-market strategy into the wider financial and professional services market.

In order to satisfy the acquisition, GetBusy will pay a non-material amount of upfront cash for each asset, with a cash earn-out payment in early 2023 of 1x annualised recurring revenue from the acquired products as of 31 December 2022. The respective earn-out payments are capped at $500,000 each, with the total potential consideration being funded from the existing cash resources.

As of 1315 BST, GetBusy shares were up 0.91% at 66.60p.

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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.

 

Getbusy Market Data

Currency UK Pounds
Share Price 64.73p
Change Today 0.23p
% Change 0.35 %
52 Week High 79.00
52 Week Low 53.25
Volume 8,561
Shares Issued 50.57m
Market Cap £32.73m
RiskGrade 222

Getbusy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.3% below the market average68.3% below the market average68.3% below the market average68.3% below the market average68.3% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
33.03% above the market average33.03% above the market average33.03% above the market average33.03% above the market average33.03% above the market average
31.91% above the sector average31.91% above the sector average31.91% above the sector average31.91% above the sector average31.91% above the sector average
Income Not Available
Growth
0.14% below the market average0.14% below the market average0.14% below the market average0.14% below the market average0.14% below the market average
13.64% above the sector average13.64% above the sector average13.64% above the sector average13.64% above the sector average13.64% above the sector average

Getbusy Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
14:00 5,000 @ 65.00p
14:00 3,177 @ 65.00p
14:00 1,823 @ 65.00p
11:00 3,561 @ 65.00p
11:00 3,561 @ 65.00p

Getbusy Key Personnel

CEO Daniel Adam Rabie
CFO Paul Haworth

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