iEnergizer Ltd. (IBPO)

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 252.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 305.00
  • 52 Week Low: 145.50
  • Currency: UK Pounds
  • Shares Issued: 190.13m
  • Volume: 12,810
  • Market Cap: £479.13m

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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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

iEnergizer Ltd. Market Data

Currency UK Pounds
Share Price 252.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 305.00
52 Week Low 145.50
Volume 12,810
Shares Issued 190.13m
Market Cap £479.13m

iEnergizer Ltd. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.13% below the market average4.13% below the market average4.13% below the market average4.13% below the market average4.13% below 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
Price Trend
48.74% above the market average48.74% above the market average48.74% above the market average48.74% above the market average48.74% above the market average
48.21% above the sector average48.21% above the sector average48.21% above the sector average48.21% above the sector average48.21% above the sector average
Income
85.15% above the market average85.15% above the market average85.15% above the market average85.15% above the market average85.15% above the market average
85.92% above the sector average85.92% above the sector average85.92% above the sector average85.92% above the sector average85.92% above the sector average
Growth
89.72% above the market average89.72% above the market average89.72% above the market average89.72% above the market average89.72% above the market average
92.45% above the sector average92.45% above the sector average92.45% above the sector average92.45% above the sector average92.45% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

iEnergizer Ltd. Dividends

  Latest Previous
  Final Interim
Ex-Div 02-Jul-20 21-Nov-19
Paid 31-Jul-20 20-Dec-19
Amount 8.40p 5.20p

Trades for 18-Sep-2020

Time Volume / Share Price
16:30 7,500 @ 252.00p
16:00 979 @ 254.00p
11:10 1,562 @ 254.00p
11:07 1,000 @ 248.00p
11:04 1,000 @ 248.00p

iEnergizer Ltd. Key Personnel

Chair Marc Vassanelli
CFO Ashish Madan

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