Tribal Group (TRB)

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FTSE AIM All-Share

48.40p
   
  • Change Today:
    -0.95p
  • 52 Week High: 66.00p
  • 52 Week Low: 38.50p
  • Currency: UK Pounds
  • Shares Issued: 213.85m
  • Volume: 42,738
  • Market Cap: £103.51m
  • RiskGrade: 242

Tribal signs first two customers to new 'Admissions' module

By Josh White

Date: Wednesday 07 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Education software and services company Tribal announced the signing of the first two customers to its newly-launched cloud-based 'Tribal Admissions' module on Wednesday, marking further momentum against its cloud strategy.
The AIM-traded firm said the contract wins gave it confidence in achieving its growth aspirations for 2021 and beyond.

It said Tribal Admissions was the first significant module on the 'Edge' platform, which could be integrated with the SITS Student Management System, or any other similar system.

The Admissions contracts were with Aberystwyth University, an existing Tribal customer using the 'Dynamics' solution, and the University of the Creative Arts, an existing SITS customer.

Following early releases of Tribal Admissions in December and April, the fully-expanded solution would be launched at the group's 'Empower' higher education conference later in the week.

Tribal said trading was still positive, as it flagged at its annual general meeting in April, with the company continuing to trade in line with the board's expectations.

"I am delighted to announce our first two wins for Tribal Admissions, with our long-standing customers, Aberystwyth University and the University of the Creative Arts," said chief executive officer Mark Pickett.

"These wins are endorsements of our strategy, to transform the company and its products through Edge, an ecosystem of student centric best of breed, software-as-a-service products which will support educational institutions across the world in delivering successful outcomes for their students."

Tribal said it would announce its results for the six months ended 30 June, on 12 August.

At 1530 BST, shares in Tribal Group were up 2.97% at 104p.

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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.

 

Tribal Group Market Data

Currency UK Pounds
Share Price 48.40p
Change Today -0.95p
% Change -1.93 %
52 Week High 66.00p
52 Week Low 38.50p
Volume 42,738
Shares Issued 213.85m
Market Cap £103.51m
RiskGrade 242

Tribal Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.58% below the market average40.58% below the market average40.58% below the market average40.58% below the market average40.58% below the market average
43.82% below the sector average43.82% below the sector average43.82% below the sector average43.82% below the sector average43.82% below the sector average
Price Trend
42.77% below the market average42.77% below the market average42.77% below the market average42.77% below the market average42.77% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income
84.3% below the market average84.3% below the market average84.3% below the market average84.3% below the market average84.3% below the market average
83.05% below the sector average83.05% below the sector average83.05% below the sector average83.05% below the sector average83.05% below the sector average
Growth
40.43% above the market average40.43% above the market average40.43% above the market average40.43% above the market average40.43% above the market average
29.03% above the sector average29.03% above the sector average29.03% above the sector average29.03% above the sector average29.03% 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.

Tribal Group Dividends

  Latest Previous
  Interim Final
Ex-Div 31-Oct-24 22-Jun-23
Paid 28-Nov-24 27-Jul-23
Amount 0.65p 0.65p

Trades for 21-Nov-2024

Time Volume / Share Price
15:25 8 @ 49.80p
15:24 1 @ 49.80p
15:24 1,803 @ 49.80p
15:24 20,000 @ 48.29p
14:22 313 @ 48.29p

Tribal Group Key Personnel

CEO Mark Pickett
CFO Diane McIntyre

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