Blackbird PLC, Loopup Group PLC, accesso Technology Group PLC and Keywords Studios PLC among the UK tech stocks reporting this week

It is chaotic reporting in the British isles this week, which is almost certainly the busiest in the year for British isles little and mid caps annual benefits. Meanwhile, in the US, Adobe is releasing earnings in an otherwise subdued week, with US earnings off time right until late April.

The week ahead

In the British isles, we foresee December remaining benefits (LON: Bird), (LON: ALFA), Loopup Group PLC (LON: LOOP), accesso Technologies Group PLC (LON: ACSO), (LON: KWS), PLC (LON: SPE),  (LON: TCM), Learning Systems Group PLC (LON: LTG), (LON: IQG) and  (LON: IQE).  Also, there are interim benefits ending January for PLC (LON: SCT) and essensys PLC (LON: ESYS).

Alfa Economical Application, which provides software for the asset finance sector, announces remaining benefits tomorrow.  In its trading update in mid-December, it said that the favourable momentum had ongoing with solid performances in both of those Oct and November, and it expected that December would also be superior than earlier expected. Late past month the business pushed revenue direction ahead by £4mln as a end result of a adjust in revenue recognition in a recently won deal extension, because of to there becoming no affiliated implementation task.

Loopup, which features a cloud platform for premium external communications, announces remaining benefits tomorrow.  In a trading update in early February, the business verified that it expects fiscal year 2020 (FY20) revenue to be about £50.2mln (FY19: £42.5mln) and fundamental earnings (EBITDA) to be about £15.3mln (FY19: £6.4mln). These numbers glance low cost in relation to the current market capitalisation of just £42mln nevertheless, consensus forecasts are pointing to a sharp downturn in FY21. The group ended the year with gross funds of £12.1mln and net financial debt of £0.7mln.

accesso Technologies, which provides technological know-how alternatives to the leisure, enjoyment and cultural marketplaces, announces remaining benefits tomorrow. In a trading update in late January, it said that the stable trading effectiveness described in the November update had ongoing through the remainder of 2020, specially in excess of the festive period of time in North The us. Therefore, the group expected to deliver FY20 revenue of not less than US$55.0mln, which was ahead of the board’s earlier anticipations. Web funds at the conclude of the year is expected to be just below US$thirty.0mln. The business said that the solid fourth-quarter (Q4) trading effectiveness indicated that, regardless of the pandemic, the fundamental current market option remained intact and the group continues to execute strongly when consumer venues are open up nevertheless, because of to the new acceleration of the COVID-19 pandemic and the diversified rate of vaccine deployment, trading will very likely continue on to be afflicted by lower location attendance in excess of the very first 50 percent of 2021.

essensys, which provides software-as-a-service (SaaS) platforms and on-desire cloud products and services to the adaptable workspace sector, announces interim benefits on Tuesday. In its February trading update, the business said it expects to report very first-50 percent revenue in line with administration anticipations at £10.6mln. This was supported by a solid effectiveness from its US business enterprise, which noticed its recurring revenue increase by 18{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} to £4.42mln regardless of the ongoing effect of Covid-19. The group’s whole annualised recurring revenue (ARR) run fee grew a little bit to £19.9mln from £19.7mln in the prior period of time, on a continual currency basis.  The business said that altered EBITDA for the 50 percent-year is expected to be in line with administration anticipations and the group ended the period of time with net funds of £5.9mln, which was also in line with administration anticipations.

Key phrases Studios, which provides products and services to the world wide online video video games sector, announces remaining benefits on Wednesday. In its trading update in late January, it said it expects to produce 12{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} organic and natural revenue expansion for FY20 regardless of COVID-19 constraints.  The business expects revenue and altered income in advance of tax to be €373mln and €55mln, respectively, which is marginally ahead of the direction issued in late November.  12 months-conclude net funds is expected to be all around €100mln. Given that the share placement in May, the group has manufactured eight acquisitions. This includes the most current acquisition announced past week – an eighty five{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} stake Tantalus Media for up to US$46.8mln – which marks the group’s entry into the Australian online video video games current market. Also past week, the business announced that Andrew Day, CEO, would acquire a short-term depart of absence from the business enterprise for wellness factors. Jon Hauck and Sonia Sedler have been appointed as joint interim CEOs together with their current roles.

, the British isles provider of IT infrastructure technological know-how and products and services, announces interim benefits on Tuesday. In a brief trading update in early January, the business said that trading had ongoing to be favourable because the Q1 statement in November. It said that desire from community sector consumers had remained solid whilst the company photo had ongoing to strengthen but was also rather combined. Adhering to the seasonally crucial December trading period of time, the business said it was appreciably ahead of where it expected to be at this stage. Nonetheless, it noted that the 2nd 50 percent remained tough to forecast.

, which provides software and products and services for product lifestyle cycle administration, announces annual benefits on Wednesday. FY20 revenue is expected to be all around US$30mlm, in line with FY19, with altered EBITDA a little bit lower at US$five.6mln (FY19: US$6.4mln). Extra importantly, annualised recurring revenues (ARR) are expected to rise by 13{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} to US$18mln. Consequently, FY21 revenue visibility, which includes products and services purchase reserve, stands at US$22mln, up 23{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} from US$18.9mln a year previously.  The whole deal benefit (TCV) of the signed software-as-a-service (SaaS) business enterprise grew by 274{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} year on year.

Telit Communications, a world wide enabler of the Web of Matters (IoT), announces remaining benefits on Wednesday. In its trading update in January, it said that FY20 revenues are expected to be US$343.0mln (FY19: US$382.8mln excluding automotive), reflecting a decrease of ten.4{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627}. Adjusted EBITDA is expected to be in the selection of US$38-$41mln (FY19: US$38.2mln which includes two months EBITDA contribution from the automotive business enterprise). Past week the business said that DBAY, its most significant shareholder with a 26.02{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} stake, is in discussions with the business regarding a doable offer you for Telit.

Learning Systems, which provides products and services and technologies for electronic learning and expertise administration, announces remaining benefits on Thursday. In its trading update in late January, it said it expects FY20 revenues to be not less than £131.0mln (FY19: £130.1mln).  Recurring revenues increased to circa eighty{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} of the whole revenues (FY19: seventy four{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627}) as a stable effectiveness in the Application & Platforms division countered a decrease in Content material & Services which was because of to the effect of COVID-19.  Adjusted earnings in advance of interest and tax (EBIT) are expected to be ahead of consensus and not less than £40.0mln (FY19: £41.0mln), whilst the year-conclude net funds position of £70.2mln was appreciably ahead of the consensus of £59.6mln. After the period of time conclude, the group has manufactured 3 acquisitions – Reflektive for US$fourteen.2mln, The People Growth Team for an initial £13.2mln and Bridge for US$50mln.

IQGeo, which provides geospatial efficiency and collaboration software for telecoms and utility community operators, announces remaining benefits on Thursday. In its January trading update, it said it is looking at ongoing solid current market desire as both of those telecoms and utilities marketplaces have been less afflicted than other sectors in the course of the COVID-19 pandemic. It expects FY20 revenue to be not less than £9.0mln (FY19: £7.8mln) with have-product revenue expected to develop by some thirty{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} to more than £7.0mln. The method of changing the business enterprise to a recurring revenue design continues to clearly show fantastic momentum with around 35{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} of whole revenues now recurring, up from 21{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} in FY19. The ARR run fee as at December is expected to be all around £5.3mln, up from £2.0mln in FY19, reflecting 65{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} organic and natural expansion and £2.0mln from OSPI, which was obtained in December. Gross margins have improved significantly and the group expects to report a appreciably diminished altered EBITDA decline of all around £2.5mln (2019: decline of £4.8mln). The group had net funds of £10.5mln at the year-conclude, with gross funds of £11.1mln which includes the US Governing administration PPP bank loan, the repayment of which is expected to be waived. After the period of time conclude, the group gained £2.5mln from the sale of the residual interest in the group’s previous RTLS business enterprise. Adhering to the update, the group has won a £1.3mln two-year purchase with a key telecoms community operator that serves more than three.2mln consumers in central and western Canada.

IQE, which manufactures advanced semiconductor wafer products and supplies alternatives for the world wide semiconductor sector, announces remaining benefits on Thursday. In its January trading update, it said that FY20 revenue is expected to be about £178mln, topic to external audit evaluate (2019: £140mln). This is constant with earlier issued direction of at the very least £170mln and signifies in excess of twenty five{79e59ee6e2f5cf570628ed7ac4055bef3419265de010b59461d891d43fac5627} year-on-year expansion. The group shut the year with a net funds position of all around £2mln. The business said that trading remained favourable in the remaining quarter of 2020 and it enters 2021 with favourable momentum in both of those the Wi-fi and Photonics business enterprise units.

Throughout the pond, it continues to be quiet on the earnings entrance with Adobe expected to be the emphasize, reporting Q1 numbers (February period of time conclude) on Thursday. Other tech-linked firms reporting include Synnex, Riot Blockchain, , QAD, and Momo.  Also, Intel is internet hosting its Intel Unleashed: Engineering the Upcoming occasion tomorrow afternoon, japanese regular time, with the new main govt Pat Gelsinger supplying a business enterprise update and outlining Intel’s new method for innovation and technological know-how management.

Date Organization Event Interval ending
22-Mar Blackbird Ultimate benefits 31-Dec
23-Mar Alfa Economical Application Ultimate benefits 31-Dec
23-Mar Loopup Ultimate benefits 31-Dec
23-Mar accesso Technologies Ultimate benefits 31-Dec
23-Mar essensys  Interim benefits 31-Jan
24-Mar Key phrases Studios Ultimate benefits 31-Dec
24-Mar Softcat Interim benefits 31-Jan
24-Mar Sopheon Ultimate benefits 31-Dec
24-Mar Telit Communications Ultimate benefits 31-Dec
twenty five-Mar Learning Systems Ultimate benefits 31-Dec
twenty five-Mar IQGeo Ultimate benefits 31-Dec
twenty five-Mar IQE Ultimate benefits 31-Dec
29-Mar Quixant Ultimate benefits 31-Dec
29-Mar Dev Clever Ultimate benefits 31-Oct
thirty-Mar Dialight Ultimate benefits 31-Dec
thirty-Mar K3 Organization Technologies Ultimate benefits thirty-Nov
31-Mar Seeing Machines Interim benefits 31-Dec
Week of 29 Mar Cellular Tornado Ultimate benefits 31-Dec
April [email protected] Ultimate benefits 31-Dec
08-Apr Interim benefits 31-Jan
08-Apr Alpha FMC Buying and selling update 31-Mar
12-Apr Quixant Ultimate benefits 31-Dec
21-Apr Pennant Ultimate benefits 31-Dec
27-Apr XLMedia Ultimate benefits 31-Dec
28-Apr Ultimate benefits 31-Jan
29-Apr Proactis Interim benefits 31-Jan
April AdEPT Technologies Buying and selling update 31-Mar
24-May Ultimate benefits 31-Mar
May Bango Tactic day  
18-twenty May Blue Prism  Blue Prism Entire world  
Late May/E June Bytes Technologies Ultimate benefits 28-Feb
fifteen-Jun CML Microsystems Ultimate benefits 31-Mar
18-Jun Blue Prism  Interim benefits thirty-Apr
Early July AdEPT Technologies Ultimate benefits 31-Mar

Supply: Data from regulatory news and business web-sites