iEnergizer Ltd. (IBPO)

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 202.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 310.00
  • 52 Week Low: 145.50
  • Currency: UK Pounds
  • Shares Issued: 190.13m
  • Volume: 2,182
  • Market Cap: £384.06m

iEnergizer leaps on 74% profit growth

By Duncan Ferris

Date: Tuesday 13 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Shares in iEnergizer jumped on Tuesday after interim profits leapt and the outfit announced its intention to return to the dividend list after receiving debt refinancing offers.
For the six-month period ended 30 September profit before tax increased by 74% to $21m compared to the same period last year as service revenue jumped by 10% to $82.4m and EBITDA rose by 39% to $24.3m.

A statement from the AIM-traded business processing outsourcer said that it continues to focus on recurring revenues from long-term customer relationships across all verticals and has added new blue-chip customers in the gaming and ecommerce markets.

Chairman Marc Vassanelli said: "We are pleased to report another strong performance by iEnergizer, demonstrating sustained increases in revenue and profit and further improvements in profit margin."

Profit before tax margin stood at 24.6%, up from 15.9% in the same period last year as iEnergizer focussed on higher margin projects such as content writing, financials, entertainment gaming support, content technology and digital solutions.

At 30 September net debt stood at $18.5m, down from $26.4m at the beginning of the period.

"The company's healthy cash position, together with its cash generative business model, puts iEnergizer in a strong position to invest in both organic and inorganic growth opportunities in the periods ahead. We expect sustained business performance through the second half of the year and the board looks forward to the remainder of the year with confidence," said Vassanelli.

iEnergizer's shares were up 14.29% at 120.00p at 0838 GMT.

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iEnergizer Ltd. Market Data

Currency UK Pounds
Share Price 202.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 310.00
52 Week Low 145.50
Volume 2,182
Shares Issued 190.13m
Market Cap £384.06m

iEnergizer Ltd. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.29% below the market average90.29% below the market average90.29% below the market average90.29% below the market average90.29% below the market average
81.65% below the sector average81.65% below the sector average81.65% below the sector average81.65% below the sector average81.65% below the sector average
Price Trend
49.22% above the market average49.22% above the market average49.22% above the market average49.22% above the market average49.22% above the market average
43.86% above the sector average43.86% above the sector average43.86% above the sector average43.86% above the sector average43.86% above the sector average
Income
35.9% below the market average35.9% below the market average35.9% below the market average35.9% below the market average35.9% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
14.59% above the market average14.59% above the market average14.59% above the market average14.59% above the market average14.59% above the market average
7.41% above the sector average7.41% above the sector average7.41% above the sector average7.41% above the sector average7.41% above the sector average

iEnergizer Ltd. Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Nov-19 04-Jul-19
Paid 20-Dec-19 02-Aug-19
Amount 5.20p 10.40p

Trades for 22-May-2020

Time Volume / Share Price
15:21 252 @ 197.00p
09:43 1,930 @ 197.00p

iEnergizer Ltd. Key Personnel

Chair Marc Vassanelli
CFO Ashish Madan

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