Trading Updates From Three AIM Stocks – The SimplyBiz Group Plc, IQGeo Group Plc, Property Franchise Group Plc

7 min read | January 29, 2020 03:29 PM GMT | By Team Kalkine Media

The SimplyBiz Group Plc

The SimplyBiz Group Plc (LON:SBIZ) is a Huddersfield, United Kingdom based Industrial Support services company that engages in the provision of business support as well as financial services to commercial enterprises in the United Kingdom.

SBIZ Pre-Close Trading Update

On 28th January 2020, the company came up with its pre-close trading statement for the year ended 31st December 2019. The company’s primary highlight was the acquisition of Defaqto that the company made in March 2019. It was also reported that the group delivered a growth of 24 per cent in revenue during the period, and a year on year EBITDA growth of 50 per cent. The company also reported that the adjusted EBITDA margin for the period stood at 27 per cent during the period. It was also reported that the net debt of the group stood at £27.0 million as on 31st December 2019. This figure was in line with the expectations of the management. As per the board of Directors of the company, the financial performance was broadly in line to their expectations. It was also reported that the dividend for the year would be proposed in line with the dividend policy of the company. The company will be publishing its full-year results for the year ended 31st December 2019 on 10th March 2020.

SBIZ Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 29-January-20, before the closing of the LSE Market

As on 29th January 2020, at 02:10 P.M (Greenwich Mean Time), by the time of writing this report, the SimplyBiz Group Plc Stock was trading at a price of GBX 231.00 per stock on the London Stock Exchange market, an increase in the value of 0.87 per cent or GBX 2.00 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 229.00 per stock. The market capitalisation (M-Cap) of the stock stood at a value of GBP 221.63 million, with respect to the current market price of the stock of the company at the time of writing this report.

It has been reported that the SimplyBiz Group Plc stock had gained around 33.14 per cent in value, in the last twelve months, since January 29, 2019, when the stock was trading at a price of GBX 173.50 per stock at the time of the close of the market. It has also been reported that the company’s stock has gained approximately 14.36 per cent, in the last six months, in comparison with the stock price of GBX 202.00 at the time of the close of the market as on July 29, 2019. The SimplyBiz Group Plc’s stock has been reported to have lost 5.71 per cent, in last 30 days’ time from the stock price of GBX 245.00 per stock that the stock set as on December 30, 2019.

IQGeo Group Plc

IQGeo Group Plc (LON:IQG) is a software and computer services firm, based out of Cambridge, United Kingdom, that provides intelligence and insight solutions to a host of industries such as telecommunications, logistics as well industrial manufacturing.

IQG Trading Update

On 28th January 2020, the company reported its trading statement for the period ended 31st December 2019. The statement mentioned that the order intake had increased by 120 per cent year on year, with 13 new customers being added during the period, taking the year-end total to 50. It was also highlighted that the Annual Recurring Revenues from subscriptions of software segment as well as from the support and maintenance segment, increase by around 60 per cent in the year to approximately £2 million. The increase in the Annual Recurring Revenue had increased outlook for the future revenue, which made up for around 40 per cent growth in total order backlog at year-end of £5 million, an increase as compared to FY 2018 when this figure stood at £3.75 million.  Of the 13 new customers added during the year by the company, around 70 per cent were secured on a subscription plan.

IQG Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 29-January-20, before the closing of the LSE Market

As on 29th January 2020, at 02:05 P.M (Greenwich Mean Time), by the time of writing this report, the IQGeo Group Plc Stock was trading at a price of GBX 58.50 per stock on the London Stock Exchange market, no change in the price of the stock, same as that of the price of the stock on the previous trading day. The market capitalisation (M-Cap) of the stock stood at a value of GBP 28.96 million, with respect to the current market price of the stock of the company at the time of writing this report.

It has been reported that the IQGeo Group Plc stock had lost around 1.68 per cent in value, in the last twelve months, since January 29, 2019, when the stock was trading at a price of GBX 59.50 per stock at the time of the close of the market. It has also been reported that the company’s stock has gained approximately 44.44 per cent, in the last six months, in comparison with the stock price of GBX 40.50 at the time of the close of the market as on July 29, 2019. IQGeo Group Plc’s stock has been reported to have gained 0.86 per cent, in last 30 days’ time from the stock price of GBX 58.00 per stock that the stock set as on December 30, 2019.

The beta of the IQGeo Group Plc’s stock has been reported to be at 0.34, giving an idea that the movement in the stock price, is less fickle, as against the movement of the comparative benchmark index.

Property Franchise Group Plc

Property Franchise Group Plc (LON:TPFG) is a Real Estate Investment services company, headquartered in the South coast of England, in Bournemouth, United Kingdom, that operates by providing residential property franchising services.

TPFG Trading Update

On 28th January 2020, the company issued a press release announcing a trading statement for the year ended 31st December 2019. The company majorly highlighted that they have successfully moved through a difficult period, that was full of turmoil for the UK residential property sector, and they performed in line with the anticipations of the market analysts, that showed insurgence in terms of both the revenues as well as management service fees. The company reported that in the financial year, the company's assisted acquisitions programme supported 24 purchases that were made through the franchisees and took hold of 2,381 managed properties. The company also has continued on its strategy of investing the capital in technology to improve its operational performance and reported a 54 per cent growth in leads through their pay per click campaign through the traditional high street customer websites, from 30,000 to 47,000. The company also reported that the net cash balance at the end of the period stood at £4.0 million. The final results for the year are expected to be announced on 31st March 2020.

TPFG Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 29-January-20, before the closing of the LSE Market

As on 29th January 2020, at 02:15 P.M (Greenwich Mean Time), by the time of writing this report, the Property Franchise Group Plc Stock was trading at a price of GBX 232.00 per stock on the London Stock Exchange market, a drop in the value of 0.43 per cent or GBX 1.00 per stock, as opposed to the price of the stock on the previous trading day, which had been reported to be at GBX 233.00 per stock. The market capitalisation (M-Cap) of the stock stood at a value of GBP 60.17 million, with respect to the current market price of the stock of the company at the time of writing this report.

It has been reported that the Property Franchise Group Plc stock had gained around 90.95 per cent in value, in the last twelve months, since January 29, 2019, when the stock was trading at a price of GBX 121.50 per stock at the time of the close of the market. It has also been reported that the company’s stock has gained approximately 39.34 per cent, in the last six months, in comparison with the stock price of GBX 166.50 at the time of the close of the market as on July 29, 2019. Property Franchise Group Plc’s stock has been reported to have gained 16.00 per cent, in last 30 days’ time from the stock price of GBX 200.00 per stock that the stock set as on December 30, 2019.

The beta of the Property Franchise Group Plc’s stock has been reported to be at 1.01, giving an idea that the movement in the stock price, is slightly more volatile, as against the movement of the comparative benchmark index.


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