Toople (TOOP)

Sector:

Telecom Operators

 0.009p
   
  • Closing Price Chg:
      0.000p
  • 52 Week High: 0.052p
  • 52 Week Low: 0.009p
  • Currency: UK Pounds
  • Shares Issued: 5,070m
  • Volume: 0
  • Market Cap: £0.43m

Toople orders top £100,000 as firm looks to move sales in-house

By Iain Gilbert

Date: Thursday 16 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Telecommunications firm Toople watched its customer orders increase every month between June and October alongside monthly revenues that topped £100,000.
Customer orders at Toople rose during each month after the company's fundraise of £1.41m in June 2017, while reaching its milestone 1,000th customer in August.

Toople said the growth was a result of its "sophisticated digital marketing campaign" which increased the average number of leads generated per month by more than 100%, with 43% of those leads being converted into an order either online or over the phone.

The group's cloud-based business business-phone offering was the fastest growing product between June and October and was Toople's highest margin product and longest tenure contract.

It also announced it would be terminating its agreement with the third-party service it had been employing to handle sales and would transition to its own in-house dedicated sales office.

Andy Hollingworth, chief executive of Toople, said, "The company's revenue generating unit numbers continue to grow every month and Toople is making solid progress towards becoming a significant player in the UK small business connectivity space."

"As the Company grows we have a better understanding of what our potential customers want and how to reach them. We have demonstrated excellence in delivering an outstanding customer experience. By taking full control of our sales cycle, we intend to bring our proposition to a wider audience and further grow our market share. We look forward to the future with optimism," he added.

As of 1030 GMT, shares had gained 3.40% to 1.22p.

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Toople Market Data

Currency UK Pounds
Share Price 0.009p
Closing Price Change 0.000p
% Change 0.00 %
52 Week High 0.052p
52 Week Low 0.009p
Volume 0
Shares Issued 5,070m
Market Cap £0.43m

Toople Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.09% below the market average29.09% below the market average29.09% below the market average29.09% below the market average29.09% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Value
29.09% below the market average29.09% below the market average29.09% below the market average29.09% below the market average29.09% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income Not Available
Growth
6.53% below the market average6.53% below the market average6.53% below the market average6.53% below the market average6.53% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Toople Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Toople Key Personnel

CEO Greg Bryce

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