By Iain Gilbert
Date: Friday 15 Dec 2023
LONDON (ShareCast) - (Sharecast News) - Getech shares slumped on Friday after the firm warned that full-year revenues would be lower year-on-year amid a "growing level of caution" among clients.
Full-year sales were now expected to come in at £4-.0m-4.4m, down from £5.1m a year earlier.
However, Getech did note that demand for its services and data was increasing for 2024 and beyond, with its order book standing at £3.7m.
The AIM-listed firm also noted it had a "substantial" pipeline of projects across all petroleum, critical and battery metals and geothermal, though the order book was down from £4.4m in June.
As of 1330 GMT, Getech shares had slumped 27.45% to 5.26p.
Reporting by Iain Gilbert at Sharecast.com
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Currency | UK Pounds |
Share Price | 2.15p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 10.25p |
52 Week Low | 1.80p |
Volume | 0 |
Shares Issued | 152.48m |
Market Cap | £3.28m |
Beta | 0.44 |
RiskGrade | 906 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Final | Interim | |
Ex-Div | 19-Nov-15 | 02-Apr-15 |
Paid | 17-Dec-15 | 01-May-15 |
Amount | 1.74p | 0.46p |
COO | Christopher Paul Jepps |
CEO | Richard Bennet |
Chair | Michael Covington |
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