IDOX (IDOX)

Sector:

IT Services

Index:

FTSE AIM 50

 67.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 69.00p
  • 52 Week Low: 60.60p
  • Currency: UK Pounds
  • Shares Issued: 460.01m
  • Volume: 190,942
  • Market Cap: £310.05m
  • RiskGrade: 278

Idox FY revenue and underlying earnings both seen higher

By Iain Gilbert

Date: Tuesday 16 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Software and solutions provider Idox said on Tuesday that full-year revenue and adjusted underlying earnings were both projected to have grown year-on-year in the twelve months ended 31 October.
Idox stated revenues had increased 8% to £62.0m, as recurring revenues grew 2% to £36.4m, pushing adjusted underlying earnings 12% higher to £19.3m.

The AIM-listed group also highlighted a "material reduction" in net debt from £16.1m to £8.1m, partly due to the firm's disposal of its content businesses for £12.6m.

Idox also highlighted that following the payment of its reinstated dividend in April, it now intends to propose a final dividend for the financial year just ended at the release of its final results.

Chief executive David Meaden said: "We have had another strong year, reshaping the Group to focus on our public sector and engineering software core, alongside delivering an excellent financial and non-financial performance.

"The outlook for the business remains positive and we are now firmly in our 'fly' stage of growth. We have entered the new financial year with good momentum and look forward to the contribution of our new acquisitions."

As of 1055 GMT, Idox shares were up 0.28% at 71.80p.

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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.

 

IDOX Market Data

Currency UK Pounds
Share Price 67.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 69.00p
52 Week Low 60.60p
Volume 190,942
Shares Issued 460.01m
Market Cap £310.05m
RiskGrade 278

IDOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.62% below the market average97.62% below the market average97.62% below the market average97.62% below the market average97.62% below the market average
87.65% below the sector average87.65% below the sector average87.65% below the sector average87.65% below the sector average87.65% below the sector average
Price Trend
32.25% above the market average32.25% above the market average32.25% above the market average32.25% above the market average32.25% above the market average
16.48% above the sector average16.48% above the sector average16.48% above the sector average16.48% above the sector average16.48% above the sector average
Income
92.45% below the market average92.45% below the market average92.45% below the market average92.45% below the market average92.45% below the market average
79.31% below the sector average79.31% below the sector average79.31% below the sector average79.31% below the sector average79.31% below the sector average
Growth
4.07% above the market average4.07% above the market average4.07% above the market average4.07% above the market average4.07% above the market average
22.35% below the sector average22.35% below the sector average22.35% below the sector average22.35% below the sector average22.35% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IDOX Dividends

  Latest Previous
  Final Final
Ex-Div 28-Mar-24 30-Mar-23
Paid 12-Apr-24 14-Apr-23
Amount 0.60p 0.50p

Trades for 24-May-2024

Time Volume / Share Price
16:35 7,930 @ 67.40p
16:35 6,554 @ 67.40p
16:35 464 @ 67.40p
16:35 328 @ 67.40p
16:35 172 @ 67.40p

IDOX Key Personnel

CEO David Meaden

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