Nasstar (NASA)

Sector:

IT Services

Index:

FTSE AIM All-Share

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 11.80p
   
  • Change Today:
      0.000p
  • 52 Week High: 12.00
  • 52 Week Low: 10.60
  • Currency: UK Pounds
  • Shares Issued: 575.01m
  • Volume: 3,584
  • Market Cap: £67.85m
  • RiskGrade: 17
  • Beta: 0.00

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."

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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.

 

Nasstar Market Data

Currency UK Pounds
Share Price 11.80p
Change Today 0.000p
% Change 0.00 %
52 Week High 12.00
52 Week Low 10.60
Volume 3,584
Shares Issued 575.01m
Market Cap £67.85m
Beta 0.00
RiskGrade 17

Nasstar Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.53% below the market average91.53% below the market average91.53% below the market average91.53% below the market average91.53% below the market average
73.47% below the sector average73.47% below the sector average73.47% below the sector average73.47% below the sector average73.47% below the sector average
Price Trend
84.99% above the market average84.99% above the market average84.99% above the market average84.99% above the market average84.99% above the market average
60.71% above the sector average60.71% above the sector average60.71% above the sector average60.71% above the sector average60.71% above the sector average
Income
88.76% below the market average88.76% below the market average88.76% below the market average88.76% below the market average88.76% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
55.36% above the market average55.36% above the market average55.36% above the market average55.36% above the market average55.36% above the market average
30.69% above the sector average30.69% above the sector average30.69% above the sector average30.69% above the sector average30.69% 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 15-Feb-2019

Time Volume / Share Price
15:04 2,827 @ 11.60p
14:16 732 @ 11.65p
14:16 732 @ 11.65p
09:47 757 @ 11.69p

Nasstar Key Personnel

CEO Nigel Redwood
Finance Director Niki Redwood

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