Netcall (NET)

Sector:

IT Services

Index:

FTSE AIM All-Share

 95.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 97.00
  • 52 Week Low: 71.50
  • Currency: UK Pounds
  • Shares Issued: 164.91m
  • Volume: 47,922
  • Market Cap: £157.49m
  • RiskGrade: 145

Netcall reports sustained positive trading momentum

By Josh White

Date: Tuesday 19 Dec 2023

LONDON (ShareCast) - (Sharecast News) - Automation and customer engagement specialist Netcall said in an update on Tuesday that it saw sustained positive trading momentum in its first half, aligning with management expectations.
The AIM-traded firm, which was holding its annual general meeting, said it experienced a surge in demand for its Liberty Cloud solutions, with new customers embracing the offerings.

That surge drove double-digit growth in annual contract value (ACV) alongside solid profitability.

The board said the trend of increased interest in cloud-based contact centre solutions, seen in the prior year, continued.

Netcall said it initiated its previously-announced accelerated investment in the area by successfully migrating and launching its first cloud contact centre customers in a single public cloud environment.

The company said it had a robust pipeline, a healthy balance sheet, and an innovative product roadmap, including investments in artificial intelligence and intelligent automation.

It said the strategic investments aimed to serve a growing market, bolstering the board's confidence in the company's ongoing success.

Following the end of the meeting, several changes to the board would come into effect, as announced on 20 November.

Non-executive director Tamer Ozmen would step down from the board, while non-executive director Nigel Halkes and chief financial officer Richard Hughes would be co-opted to the board.

Additionally, the previously announced changes to the chair and chief executive officer roles would take effect on 1 January, with Michael Neville set to retire from the board on 29 February.

At 1401 GMT, shares in Netcall were up 7.54% at 89.8p.

Reporting by Josh White for Sharecast.com.

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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.

 

Netcall Market Data

Currency UK Pounds
Share Price 95.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 97.00
52 Week Low 71.50
Volume 47,922
Shares Issued 164.91m
Market Cap £157.49m
RiskGrade 145

Netcall Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.03% below the market average98.03% below the market average98.03% below the market average98.03% below the market average98.03% below the market average
95.18% below the sector average95.18% below the sector average95.18% below the sector average95.18% below the sector average95.18% below the sector average
Price Trend
33.02% above the market average33.02% above the market average33.02% above the market average33.02% above the market average33.02% above the market average
12.09% above the sector average12.09% above the sector average12.09% above the sector average12.09% above the sector average12.09% above the sector average
Income
96.45% below the market average96.45% below the market average96.45% below the market average96.45% below the market average96.45% below the market average
92.31% below the sector average92.31% below the sector average92.31% below the sector average92.31% below the sector average92.31% below the sector average
Growth
99.26% above the market average99.26% above the market average99.26% above the market average99.26% above the market average99.26% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% 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.

Netcall Dividends

  Latest Previous
  Final Final
Ex-Div 28-Dec-23 15-Dec-22
Paid 09-Feb-24 31-Jan-23
Amount 0.83p 0.54p

Trades for 22-Jul-2024

Time Volume / Share Price
14:36 1,370 @ 94.99p
13:38 13,850 @ 94.05p
12:54 4,250 @ 95.00p
12:18 10,000 @ 94.05p
09:49 619 @ 95.35p

Netcall Key Personnel

CEO James Ormondroyd
CFO Richard Hughes

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