Sopheon (SPE)

Sector:

IT Services

Index:

FTSE AIM All-Share

 525.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,185.00p
  • 52 Week Low: 500.00p
  • Currency: UK Pounds
  • Shares Issued: 10.17m
  • Volume: 11,600
  • Market Cap: £53.42m
  • RiskGrade: 340

Sopheon contract opportunities delayed until 2020

By Iain Gilbert

Date: Wednesday 11 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Software and services provider Sopheon said it still expects a heavier second half weighting to its annual performance, even as certain contract opportunities expected for the fourth quarter got pushed out to 2020.
Sopheon entered the traditionally busy final quarter with more than $30m in opportunities, almost half of which related to Software-as-a-Service deals.

The AIM-listed group said overall revenue visibility for the year stood at $28m, with $9.9m in remaining opportunities with 2019 target close dates.

However, while Sopheon said December was traditionally "a very busy month", the group did caution that its ability to execute on this was dependent on customers signing orders consistent with their plans and unexpected internal delays.

With this in mind, Sopheon warned that a number of opportunities previously expected to sign in the fourth quarter had shifted to 2020.

Sopheon stated said this had not led to a reduction in the overall size of its pipeline but rather a shift in the timing of conversion.

Chairman Marry Mence said: "The board continues to believe that Sopheon is uniquely well placed to secure a leading position in the new and rapidly emerging enterprise solutions space of strategy execution management.

"Nevertheless, as a disciplined business, we have continued to tune costs in line with revenue wherever possible, while mindful of maintaining drive behind our strategic priorities."

As of 0850 GMT, Sopheon shares had fallen 10.87% to 615p.

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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.

 

Sopheon Market Data

Currency UK Pounds
Share Price 525.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,185.00p
52 Week Low 500.00p
Volume 11,600
Shares Issued 10.17m
Market Cap £53.42m
RiskGrade 340

Sopheon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.97% below the market average90.97% below the market average90.97% below the market average90.97% below the market average90.97% below the market average
70.53% below the sector average70.53% below the sector average70.53% below the sector average70.53% below the sector average70.53% below the sector average
Price Trend
29.31% below the market average29.31% below the market average29.31% below the market average29.31% below the market average29.31% below the market average
59.62% below the sector average59.62% below the sector average59.62% below the sector average59.62% below the sector average59.62% below the sector average
Income
64.39% below the market average64.39% below the market average64.39% below the market average64.39% below the market average64.39% below the market average
38.89% below the sector average38.89% below the sector average38.89% below the sector average38.89% below the sector average38.89% below the sector average
Growth
90.45% below the market average90.45% below the market average90.45% below the market average90.45% below the market average90.45% below the market average
91.58% below the sector average91.58% below the sector average91.58% below the sector average91.58% below the sector average91.58% below the sector average

Sopheon Dividends

  Latest Previous
  Final Final
Ex-Div 11-Jun-20 13-Jun-19
Paid 10-Jul-20 12-Jul-19
Amount 3.25p 3.25p

Trades for 03-Apr-2020

Time Volume / Share Price
10:22 2,800 @ 501.00p
10:22 2,800 @ 500.00p
08:30 11,400 @ 425.00p
08:30 11,400 @ 424.75p
08:43 3,000 @ 525.00p

Sopheon Key Personnel

CEO Andrew L. Michuda
CFO Arif Karimjee ACA

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