Altitude Group (ALT)

Sector:

Media

Index:

FTSE AIM All-Share

29.00p
   
  • Change Today:
      0.60p
  • 52 Week High: 47.00p
  • 52 Week Low: 27.50p
  • Currency: UK Pounds
  • Shares Issued: 72.47m
  • Volume: 13,174
  • Market Cap: £21.02m
  • RiskGrade: 490
  • Beta: 0.52

Altitude remains on track to top expectations

By Iain Gilbert

Date: Thursday 12 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Technology and information services provider Altitude Group said on Thursday that it remained on track to deliver full-year results in line with market expectations.
Altitude said its growing US customer base had resulted in revenues of $4.6m in the nine months to September 30, a nine-fold increase from 2018.

The AIM-listed group also highlighted that its third quarter was just the second full quarter since its acquisition of AIM Smarter, its North American trading unit, which was said to be delivering revenues in line with management expectations.

Group revenues for the first three quarters of the year came to £8.1m - up from the £5.3m recorded in the same period a year prior.

Chief executive Nichole Stella said: "We are focused on our strategy to grow the AIM Smarter business by offering great value to both sides of the marketplace.

"Momentum has continued through the third quarter and I am confident that we will meet expectations for the year and that we have the strategy and model to drive growth through 2020 and beyond."

At 1045 GMT, Altitude shares were up 5.60% at 52.80p.

Email this article to a friend

or share it with one of these popular networks:


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.

 

Altitude Group Market Data

Currency UK Pounds
Share Price 29.00p
Change Today 0.60p
% Change 2.11 %
52 Week High 47.00p
52 Week Low 27.50p
Volume 13,174
Shares Issued 72.47m
Market Cap £21.02m
Beta 0.52
RiskGrade 490

Altitude Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.18% below the market average44.18% below the market average44.18% below the market average44.18% below the market average44.18% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
26.99% below the market average26.99% below the market average26.99% below the market average26.99% below the market average26.99% below the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Income Not Available
Growth
81.76% above the market average81.76% above the market average81.76% above the market average81.76% above the market average81.76% above the market average
80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average

Altitude Group Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
11:20 80 @ 30.00p
10:29 3,089 @ 28.22p
08:32 10,000 @ 28.31p
08:02 5 @ 28.11p

Altitude Group Key Personnel

CEO Nichole Stella
COO Deborah Wilkinson
CFO Graham Feltham

Top of Page