Nasstar (NASA)

Sector:

IT Services

Index:

FTSE AIM All-Share

   Trade now with Barclays Stockbrokers   Trade now with Barclays   Sponsored by Barclays Stockbrokers

 11.70p
   
  • Change Today:
      0.000p
  • 52 Week High: 12.00p
  • 52 Week Low: 10.60p
  • Currency: UK Pounds
  • Shares Issued: 575.01m
  • Volume: 41,337
  • Market Cap: £67.28m
  • RiskGrade: 30
  • Beta: 0.03

Nasstar sees FY ahead of expectations

By Frank Prenesti

Date: Monday 29 Jan 2018

LONDON (ShareCast) - (ShareCast News) - Cloud computing provider Nasstar said full year trading closed out positively with "careful strategic focus" delivering Adjusted EBITDA slightly ahead of management expectations.
The company said that positive cash generation helped to deliver a significantly improved net cash position of approximately £1.0m which compared to net debt of £2.8m in 2016.

Group adjusted EBITDA margins have moved ahead to 23% from 20.3% and were on track to deliver against the company's target to raise margins from 20% to 25% of revenue by the end of 2019.

"Organic business development has progressed well in 2017. Our industry leading capability in 'public/private' cloud hybrid solutions was in evidence in November's contract win which secured a three year contract to deliver a fully managed public/private Hybrid cloud solution to a global workforce of 1,000 users," Nasstar said.

"In addition, two further notable contract wins closed out towards the end of the year in recruitment, one of our key vertical markets."

Email this article to a friend

or share it with one of these popular networks:


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.

 

Nasstar Market Data

Currency UK Pounds
Share Price 11.70p
Change Today 0.000p
% Change 0.00 %
52 Week High 12.00p
52 Week Low 10.60p
Volume 41,337
Shares Issued 575.01m
Market Cap £67.28m
Beta 0.03
RiskGrade 30

Nasstar Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.01% below the market average91.01% below the market average91.01% below the market average91.01% below the market average91.01% below the market average
70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average70.59% below the sector average
Price Trend
77.84% above the market average77.84% above the market average77.84% above the market average77.84% above the market average77.84% above the market average
67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average67.57% above the sector average
Income
90.06% below the market average90.06% below the market average90.06% below the market average90.06% below the market average90.06% below the market average
60.87% below the sector average60.87% below the sector average60.87% below the sector average60.87% below the sector average60.87% below the sector average
Growth
54.18% above the market average54.18% above the market average54.18% above the market average54.18% above the market average54.18% above the market average
32.04% above the sector average32.04% above the sector average32.04% above the sector average32.04% above the sector average32.04% above the sector average

Nasstar Dividends

  Latest Previous
  Final Final
Ex-Div 07-Jun-18 08-Jun-17
Paid 09-Jul-18 10-Jul-17
Amount 0.060p 0.052p

Trades for 07-Dec-2018

Time Volume / Share Price
16:16 150,000 @ 11.60p
14:42 88,000 @ 11.50p
15:30 3,957 @ 11.60p
08:44 37,380 @ 11.60p

Nasstar Key Personnel

CEO Nigel Redwood
Finance Director Niki Redwood

Top of Page