Amino Technologies (AMO)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 109.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 130.00
  • 52 Week Low: 75.50
  • Currency: UK Pounds
  • Shares Issued: 76.03m
  • Volume: 45,288
  • Market Cap: £82.87m
  • RiskGrade: 100
  • Beta: 0.43

Amino Technologies trading at 'record' levels, margins narrowing

By Josh White

Date: Tuesday 06 Jun 2017

LONDON (ShareCast) - (ShareCast News) - Digital television entertainment and cloud solutions Amino Technologies updated the market on its trading for the six months to 31 May on Tuesday, saying it entered the period with a "strong" order backlog and continued its "solid" sales execution driven by "consistent demand" for IP devices.
The AIM-traded firm said that as a result, trading for the period was at record levels, in line with management's expectations.

Revenue for the period was expected to be approximately £40m, representing 21% growth over H1 2016 revenue of £33m.

At constant currency with revenue translated at last year's average exchange rates, that would represent revenue growth of around 5%.

Margins in the period had been strong, the board said, but it anticipated that they would be lower in the second half of the year as the product mix shifted towards new product lines.

As is typical with the launch of new products, those would be lower margin, optimising over time as scale is reached.

As a result, the board confirmed expectations for the full year remained unchanged.

Net cash at 31 May was £13.1m, up from £3.1m year-on-year, and was positively impacted by the timing of delivery of larger orders which were completed well in advance of the period end.

"The momentum we saw in 2016 has continued into the first half of this year," said non-executive chairman Keith Todd.

"Strong sales execution and growing traction for our wider portfolio positions the Group well to meet expectations for the full year."

The company said its interim results would be announced on 11 July.

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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.

 

AMO Market Data

Currency UK Pounds
Share Price 109.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 130.00
52 Week Low 75.50
Volume 45,288
Shares Issued 76.03m
Market Cap £82.87m
Beta 0.43
RiskGrade 100

AMO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.38% above the market average82.38% above the market average82.38% above the market average82.38% above the market average82.38% 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
Price Trend
3.86% below the market average3.86% below the market average3.86% below the market average3.86% below the market average3.86% below the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Income
76.40% above the market average76.40% above the market average76.40% above the market average76.40% above the market average76.40% 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
Growth
27.99% below the market average27.99% below the market average27.99% below the market average27.99% below the market average27.99% below the market average
30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average

AMO Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Aug-19 04-Apr-19
Paid 02-Sep-19 26-Apr-19
Amount 1.68p 5.64p

Trades for 18-Oct-2019

Time Volume / Share Price
16:26 21,000 @ 108.19p
14:52 14,490 @ 108.43p
12:49 4,610 @ 108.44p
10:58 3,688 @ 108.44p
10:46 1,500 @ 108.70p

AMO Key Personnel

CEO Donald McGarva
CFO Mark Carlisle

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