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Utilitywise

May 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.

  • Epic Code:
  • UTW
  • Price:
  • 218.5p
H1 results were as good as expected, with Utilitywise not facing any of the issues affecting Telecom Plus – but then Utilitywise is a B2B supplier and doesn’t do the billing unlike Telecom Plus. First half revenues were up 42% to £29.9m. Pretax profit increased 49% to £7.3m and eps by 41% to 7.4p.Revenue from the Enterprise segment (SMEs)  increased by 47% to £24.3m and the Corporate segment (large industrials) by 37% to £6.1m.At the year end, the SME arm was managing the requirements of 23,109 customers. In line with the company's revenue recognition policy for SMEs who buy on a fixed period basis, Utilitywise recognises 85% of a two-year deal at the time when the contract goes li ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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