News blog
Access Intelligence
- BY: Andrew Hore |
- POSTED: 12/01/2010 |
Software-as-a-Service supplier Access Intelligence says that operating profits for the year to November 2009 will be in line with expectations.
Revenues have increased from £3.96m to around £6m. House broker Astaire believes operating profits will be around £600,000. There is £1.7m in the bank and net debt is small.
At 6.375p a share, down 1.5p on the day, Access is valued at £10.2m. The share price is still 27% higher than one month ago. Even Astaire believes the shares are fully valued at this level. Access is trading on 21 times current forecast earnings for 2009-10 but there may be scope for an earnings upgrade.
Full year figures will be published on 1 March.
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|