Blackbird PLC, Loopup Group PLC, accesso Technology Group PLC and Keywords Studios PLC among the UK tech stocks reporting this week

The 7 days ahead

In the British isles, we foresee December remaining outcomes (LON: Fowl), (LON: ALFA), Loopup Group PLC (LON: LOOP), accesso Know-how Group PLC (LON: ACSO), (LON: KWS), PLC (LON: SPE),  (LON: TCM), Understanding Technologies Group PLC (LON: LTG), (LON: IQG) and  (LON: IQE).  Also, there are interim outcomes ending January for PLC (LON: SCT) and essensys PLC (LON: ESYS).

Alfa Money Program, which provides software package for the asset finance marketplace, announces remaining outcomes tomorrow.  In its trading update in mid-December, it said that the optimistic momentum had continued with solid performances in both equally October and November, and it anticipated that December would also be improved than beforehand anticipated. Late previous thirty day period the business pushed revenue assistance ahead by £4mln as a final result of a alter in revenue recognition in a just lately gained agreement extension, because of to there being no linked implementation project.

Loopup, which gives a cloud system for quality external communications, announces remaining outcomes tomorrow.  In a trading update in early February, the business verified that it expects fiscal yr 2020 (FY20) revenue to be about £50.2mln (FY19: £42.5mln) and fundamental earnings (EBITDA) to be about £15.3mln (FY19: £6.4mln). These figures search inexpensive in relation to the industry capitalisation of just £42mln on the other hand, consensus forecasts are pointing to a sharp downturn in FY21. The group finished the yr with gross cash of £12.1mln and web debt of £0.7mln.

accesso Know-how, which provides engineering options to the leisure, amusement and cultural marketplaces, announces remaining outcomes tomorrow. In a trading update in late January, it said that the solid trading effectiveness claimed in the November update had continued as a result of the remainder of 2020, specially around the festive interval in North The usa. Therefore, the group anticipated to produce FY20 revenue of not considerably less than US$fifty five.0mln, which was ahead of the board’s earlier expectations. Net cash at the end of the yr is anticipated to be just under US$thirty.0mln. The business said that the solid fourth-quarter (This fall) trading effectiveness indicated that, inspite of the pandemic, the fundamental industry option remained intact and the group continues to complete strongly when customer venues are open on the other hand, because of to the latest acceleration of the COVID-19 pandemic and the assorted tempo of vaccine deployment, trading will probably proceed to be influenced by decreased location attendance around the initial half of 2021.

essensys, which provides software package-as-a-company (SaaS) platforms and on-demand from customers cloud services to the adaptable workspace marketplace, announces interim outcomes on Tuesday. In its February trading update, the business said it expects to report initial-half revenue in line with administration expectations at £10.6mln. This was supported by a solid effectiveness from its US small business, which noticed its recurring revenue increase by eighteen% to £4.42mln inspite of the continued effect of Covid-19. The group’s full annualised recurring revenue (ARR) operate fee grew a little bit to £19.9mln from £19.7mln in the prior interval, on a continuous currency basis.  The business said that modified EBITDA for the half-yr is anticipated to be in line with administration expectations and the group finished the interval with web cash of £5.9mln, which was also in line with administration expectations.

Keywords and phrases Studios, which provides services to the world-wide video clip video games marketplace, announces remaining outcomes on Wednesday. In its trading update in late January, it said it expects to produce twelve% natural revenue growth for FY20 inspite of COVID-19 constraints.  The business expects revenue and modified financial gain before tax to be €373mln and €55mln, respectively, which is marginally ahead of the assistance issued in late November.  12 months-end web cash is anticipated to be about €100mln. Considering the fact that the share placement in May perhaps, the group has created 8 acquisitions. This contains the most up-to-date acquisition announced previous 7 days – an 85% stake Tantalus Media for up to US$forty six.8mln – which marks the group’s entry into the Australian video clip video games industry. Also previous 7 days, the business announced that Andrew Working day, CEO, would choose a short-term leave of absence from the small business for health explanations. Jon Hauck and Sonia Sedler have been appointed as joint interim CEOs alongside their present roles.

, the British isles service provider of IT infrastructure engineering and services, announces interim outcomes on Tuesday. In a short trading update in early January, the business said that trading had continued to be optimistic given that the Q1 assertion in November. It said that demand from customers from public sector customers had remained solid although the corporate photograph had continued to strengthen but was also somewhat mixed. Next the seasonally vital December trading interval, the business said it was appreciably ahead of where it anticipated to be at this stage. Even so, it mentioned that the next half remained hard to forecast.

, which provides software package and services for item lifestyle cycle administration, announces annual outcomes on Wednesday. FY20 revenue is anticipated to be about US$30mlm, in line with FY19, with modified EBITDA a little bit decreased at US$5.6mln (FY19: US$six.4mln). More importantly, annualised recurring revenues (ARR) are expected to rise by thirteen% to US$18mln. Consequently, FY21 revenue visibility, which contains services buy e-book, stands at US$22mln, up 23% from US$eighteen.9mln a yr before.  The full agreement worth (TCV) of the signed software package-as-a-company (SaaS) small business grew by 274% yr on yr.

Telit Communications, a world-wide enabler of the Web of Issues (IoT), announces remaining outcomes on Wednesday. In its trading update in January, it said that FY20 revenues are anticipated to be US$343.0mln (FY19: US$382.8mln excluding automotive), reflecting a drop of ten.four%. Adjusted EBITDA is anticipated to be in the vary of US$38-$41mln (FY19: US$38.2mln which include two months EBITDA contribution from the automotive small business). Previous 7 days the business said that DBAY, its premier shareholder with a 26.02% stake, is in discussions with the business regarding a doable give for Telit.

Understanding Technologies, which provides services and technologies for electronic studying and expertise administration, announces remaining outcomes on Thursday. In its trading update in late January, it said it expects FY20 revenues to be not considerably less than £131.0mln (FY19: £130.1mln).  Recurring revenues greater to circa 80% of the full revenues (FY19: 74%) as a solid effectiveness in the Program & Platforms division countered a drop in Written content & Products and services which was because of to the effect of COVID-19.  Adjusted earnings before fascination and tax (EBIT) are anticipated to be ahead of consensus and not considerably less than £40.0mln (FY19: £41.0mln), although the yr-end web cash placement of £70.2mln was appreciably ahead of the consensus of £59.6mln. After the interval end, the group has created three acquisitions – Reflektive for US$14.2mln, The Individuals Development Team for an preliminary £13.2mln and Bridge for US$50mln.

IQGeo, which provides geospatial efficiency and collaboration software package for telecoms and utility network operators, announces remaining outcomes on Thursday. In its January trading update, it said it is seeing continued solid industry demand from customers as both equally telecoms and utilities marketplaces have been considerably less influenced than other sectors throughout the COVID-19 pandemic. It expects FY20 revenue to be not considerably less than £9.0mln (FY19: £7.8mln) with personal-item revenue anticipated to mature by some thirty% to extra than £7.0mln. The technique of changing the small business to a recurring revenue model continues to show superior momentum with around 35% of full revenues now recurring, up from 21% in FY19. The ARR operate fee as at December is anticipated to be about £5.3mln, up from £2.0mln in FY19, reflecting 65% natural growth and £2.0mln from OSPI, which was acquired in December. Gross margins have improved noticeably and the group expects to report a appreciably lessened modified EBITDA decline of about £2.5mln (2019: decline of £4.8mln). The group had web cash of £10.5mln at the yr-end, with gross cash of £11.1mln which include the US Governing administration PPP loan, the reimbursement of which is anticipated to be waived. After the interval end, the group received £2.5mln from the sale of the residual fascination in the group’s former RTLS small business. Next the update, the group has gained a £1.3mln two-yr buy with a key telecoms network operator that serves extra than three.2mln customers in central and western Canada.

IQE, which manufactures superior semiconductor wafer products and supplies options for the world-wide semiconductor marketplace, announces remaining outcomes on Thursday. In its January trading update, it said that FY20 revenue is anticipated to be about £178mln, subject to external audit evaluation (2019: £140mln). This is consistent with beforehand issued assistance of at least £170mln and represents around twenty five% yr-on-yr growth. The group closed the yr with a web cash placement of about £2mln. The business said that trading remained favourable in the remaining quarter of 2020 and it enters 2021 with optimistic momentum in both equally the Wireless and Photonics small business models.

Across the pond, it continues to be silent on the earnings front with Adobe anticipated to be the emphasize, reporting Q1 figures (February interval end) on Thursday. Other tech-linked businesses reporting include things like Synnex, Riot Blockchain, , QAD, and Momo.  Moreover, Intel is web hosting its Intel Unleashed: Engineering the Upcoming occasion tomorrow afternoon, jap typical time, with the new chief executive Pat Gelsinger providing a small business update and outlining Intel’s new technique for innovation and engineering management.

Date	Firm	Function	Interval ending
22-Mar	Blackbird	Closing outcomes	31-Dec
23-Mar	Alfa Money Program	Closing outcomes	31-Dec
23-Mar	Loopup	Closing outcomes	31-Dec
23-Mar	accesso Know-how	Closing outcomes	31-Dec
23-Mar	essensys	Interim outcomes	31-Jan
24-Mar	Keywords and phrases Studios	Closing outcomes	31-Dec
24-Mar	Softcat	Interim outcomes	31-Jan
24-Mar	Sopheon	Closing outcomes	31-Dec
24-Mar	Telit Communications	Closing outcomes	31-Dec
twenty five-Mar	Understanding Technologies	Closing outcomes	31-Dec
twenty five-Mar	IQGeo	Closing outcomes	31-Dec
twenty five-Mar	IQE	Closing outcomes	31-Dec
29-Mar	Quixant	Closing outcomes	31-Dec
29-Mar	Dev Intelligent	Closing outcomes	31-Oct
thirty-Mar	Dialight	Closing outcomes	31-Dec
thirty-Mar	K3 Organization Know-how	Closing outcomes	thirty-Nov
31-Mar	Viewing Devices	Interim outcomes	31-Dec
Week of 29 Mar	Cellular Twister	Closing outcomes	31-Dec
April	Provide@Me	Closing outcomes	31-Dec
08-Apr		Interim outcomes	31-Jan
08-Apr	Alpha FMC	Buying and selling update	31-Mar
twelve-Apr	Quixant	Closing outcomes	31-Dec
21-Apr	Pennant	Closing outcomes	31-Dec
27-Apr	XLMedia	Closing outcomes	31-Dec
28-Apr		Closing outcomes	31-Jan
29-Apr	Proactis	Interim outcomes	31-Jan
April	AdEPT Know-how	Buying and selling update	31-Mar
24-May perhaps		Closing outcomes	31-Mar
May perhaps	Bango	Strategy working day
eighteen-twenty May perhaps	Blue Prism	Blue Prism World
Late May perhaps/E June	Bytes Know-how	Closing outcomes	28-Feb
fifteen-Jun	CML Microsystems	Closing outcomes	31-Mar
eighteen-Jun	Blue Prism	Interim outcomes	thirty-Apr
Early July	AdEPT Know-how	Closing outcomes	31-Mar

Supply: Data from regulatory news and business sites