ActiveOps (AOM)

Sector:

IT Services

Index:

FTSE AIM All-Share

 167.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 222.50p
  • 52 Week Low: 158.00p
  • Currency: UK Pounds
  • Shares Issued: 71.32m
  • Volume: 2,371
  • Market Cap: £119.11m
  • Beta: 0.00

ActiveOps secures new client wins and contract expansions in H1

By Iain Gilbert

Date: Wednesday 29 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Software firm ActiveOps said on Wednesday that it had secured new client wins and contract expansions across all target regions and sectors, including the company's first enterprise-level up-sale of its WorkiQ offering into an existing ControliQ customer.
ActiveOps stated a "leading North American banking customer" had inked an enterprise-scale licence for the group's WorkiQ product, the first of its top-ten customers to take a WorkiQ licence at scale, something the company said demonstrated the upsell potential for its newer WorkiQ offering.

In regards to new logo wins in the first half, the AIM-listed firm said they had "been strong", adding an unnamed "large insurer and a healthcare payer" in the US and in a "major BPO, an investment management firm and a global consulting and services group" in the UK.

ActiveOps also said many of its largest customers had expanded their use of ControliQ in the period, including three of the UK's leading high street banks, while one of its Australian banking customers transitioned from an annual licence for ControliQ to a multi-year contract, increasing revenue visibility.

Chief executive Richard Jeffery said: "With many organisations beginning the transition to new working arrangements involving home and office working, hybrid working solutions are at the forefront of many managers' minds. This complexity of managing the challenges of work and capacity shows no signs of abating, and only amplifies the pressure and stress on critical back-office operations.

"We know that the combined insights, visibility and productivity provided by our ControliQ and WorkiQ products are standing our customers in good stead as they navigate this period of significant further change in the world of work. This is seen both in increased scale of our involvement with existing customers and in the level of new sales as organisations seek better orchestration of their work and resources in the face of new challenges."

As of 0945 BST, ActiveOps shares had shot up 10.19% to 176.30p.

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.

 

ActiveOps Market Data

Currency UK Pounds
Share Price 167.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 222.50p
52 Week Low 158.00p
Volume 2,371
Shares Issued 71.32m
Market Cap £119.11m
Beta 0.00

ActiveOps Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.67% below the market average43.67% below the market average43.67% below the market average43.67% below the market average43.67% below the market average
30.34% below the sector average30.34% below the sector average30.34% below the sector average30.34% below the sector average30.34% below the sector average
Price Trend
44.08% below the market average44.08% below the market average44.08% below the market average44.08% below the market average44.08% below the market average
29.2% below the sector average29.2% below the sector average29.2% below the sector average29.2% below the sector average29.2% below the sector average
Income Not Available
Growth
4.34% above the market average4.34% above the market average4.34% above the market average4.34% above the market average4.34% above the market average
9.28% below the sector average9.28% below the sector average9.28% below the sector average9.28% below the sector average9.28% below the sector average

ActiveOps Dividends

No dividends found

Trades for 21-Jan-2022

Time Volume / Share Price
15:28 1,699 @ 167.10p
13:50 672 @ 165.00p

ActiveOps Key Personnel

CEO Richard John Jeffery
CFO Patrick Alexander Deller

Top of Page