Updates

IMImobile

July 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Full year results were much as expected. Sales went up 13% to £48.9m. Adjusted pretax profit was £5.7m for eps of 8.9p. These results included a 5.5 month contribution from TxtLocal, which was acquired last October. Overall, gross profit was £30m (gross profit is a better measure rather than sales as it excludes pass through expenses such as network, says the company).Geographically, Europe/US performed strongly (gross profit +43% to £15.7m, +26% organically excluding Textlocal). This reflected new major client wins across operator retail and gaming sectors as well as the renewal of several accounts including the BBC and IKEA. The current growth continues on from the 8-15% seen in each of the last five years ...

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Majestic Wine

Benchmark

IMImobile (January 2021)

IMImobile (November 2020)

IMImobile (August 2019)

IMImobile (March 2019)

IMImobile (December 2018)

IMImobile - Acquisition drives 10% eps upgrade (August 2018)

IMImobile (June 2017)

IMImobile (December 2016)

IMImobile - 90% of revenue is repeatable, says Patel (August 2016)

IMImobile - Soon-to-be-prospective PE of 14.4 (January 2015)

IMImobile - 85% of income repeat in nature (November 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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