We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Gb Group Plc | GBG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -2.20 | -0.76% | 288.00 | 16:35:30 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 289.00 | 285.20 | 299.40 | 288.00 | 290.20 |
| Industry Sector |
|---|
| SOFTWARE & COMPUTER SERVICES |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 15/06/2023 | Final | GBP | 0.04 | 22/06/2023 | 23/06/2023 | 03/08/2023 |
| 16/06/2022 | Final | GBP | 0.0381 | 23/06/2022 | 24/06/2022 | 03/08/2022 |
| 15/06/2021 | Final | GBP | 0.034 | 24/06/2021 | 25/06/2021 | 03/08/2021 |
| 22/10/2020 | Interim | GBP | 0.03 | 17/12/2020 | 18/12/2020 | 21/01/2021 |
| 05/06/2019 | Final | GBP | 0.0299 | 18/07/2019 | 19/07/2019 | 23/08/2019 |
| Top Posts |
|---|
Posted at 23/4/2024 11:04 by wolansm I'm not for a buy out here, but if it did occur would hoover it up. This market can only get better...... but GBG no more stupid takeovers please as that was the killer blow |
Posted at 23/4/2024 10:00 by brucie5 This looks to be back in full bull mode; not sure whether it's more indicative of the business or the market, which has hitherto been ignoring good news and punishing the bad. Recently there have been a slew of large >10% moves of shares I hold, largely with oversold, div paying characteristics such as CLIG, PAY, & POLR. GBG is obviously a share 'in recovery', which many will be seeing in terms of any possible retracement of the glory days when it went up to £9. Does/can history repeat in this case? |
Posted at 23/4/2024 07:12 by hotfinance14 Very positive trading update and good to see net debt falling significantly.GB GROUP PLC ("GBG", the "Group" or the "Company") FY24 trading update Strong finish to the year with adjusted operating profit above expectations GB Group plc, (AIM: GBG), the experts in global identity and location software, today provides an update on trading for the financial year ended 31 March 2024. The Board is pleased with the Group's performance in FY24. The Group expects to report revenue of £277.3 million, driven by growth accelerating in Identity during the fourth quarter as anticipated. Adjusted operating profit¹ is expected to be slightly ahead of the top end of current analyst expectations², reflecting the excellent progress achieved throughout the year to drive simplification and cost-effectiveness in our business. · We expect to report revenue of approximately £277.3 million, representing growth of c.2.7% on a constant currency basis. · As anticipated, improved fourth-quarter growth of approximately 5.0% on a constant currency basis was primarily driven by an acceleration in Identity, as a result of improving trends in the Americas and EMEA. Growth in Location remained solid, while growth in sales of software licenses in Fraud slowed following two years of higher growth. · Expected adjusted operating profit of approximately £61.2 million is slightly above the top end of current analyst expectations², driven by a focus on simplification and cost-effectiveness delivering £10 million of annualised savings. This would represent year-on-year growth in adjusted operating profit of approximately 8.0%, excluding the £3 million foreign exchange gain in the prior year. · Strong cash generation in the second half has reduced net debt to around £81 million, which was better than current analyst expectations². · Looking to FY25, the Group expects mid-single-digit revenue growth on a constant currency basis, which will drive high single-digit growth in adjusted operating profit, as a result of the operational efficiency gains achieved in FY24. Dev Dhiman, CEO, commented: "I am proud of our achievements during FY24 reflecting the focus and effort of the entire GBG team. While continuing to support our customers around the world, we have also improved our ability to drive profitable growth by driving simplification throughout the business. We have begun the new financial year with good operational momentum, and our confidence in FY25 is underpinned by the Group's strong fourth-quarter performance. By prioritising competitive differentiation and a high-performance culture, we will ensure GBG capitalises on the exciting market opportunity presented by an increasingly digital world." Notice of results GBG expects to report full-year results on Tuesday, 11 June 2024. |
Posted at 08/2/2024 09:59 by expleaseme Looking for rainbows here, but recent news of potential bid for Onfido (GBG competitor) and view of the FinTech space makes interesting reading.https://sift |
Posted at 03/2/2024 09:55 by marktime1231 Thank you, here is the link for future reference ...Although I have to say it doesn't add up: 1) Total voting rights eg shares as at 31 Jan 2024 was 252,575,253 as per the rns 2) Half way adjusted profit was £23.7M according to the trading update 3) So a full year adjusted operating profit, with modest 8% growth in H2, gets us to £49.3M. 4) Adj eps = adjusted op profit / shares = 49.3 / 252.575 = 19.5p. That was the basis of my estimate on 30 Jan post #8224 5) GBGs "expectation" from the above link to consensus forecast gives a median of £60.2M adj op profit (eh - where did the extra £10M come from?). And yet they give a median adj eps of just 14.8p, equating to only £37.4M of earnings. Have I got my sums crossed? |
Posted at 02/2/2024 12:52 by skanking The market expectations are found in the investor section on the website ((Analyst Coverage & estimates). The median EPS for the 9 analysts covering GBG is 14.8 for FY24 and 17.1 for FY25.It will be interesting to see how the new CEO moves things on. It seems that there's a line under the unfortunate acquisition of Acuant as most of the senior execs involved have been moved on |
Posted at 30/1/2024 12:25 by marktime1231 It is a fair point. Very easy to say "in-line" without referring to what the expectations are, and they are not easy to find. It would be more helpful to remind us what the full year expectations are, or link to where we can find them. As far as I can see Edison are no longer being paid to cover GBG.The outlook summary in the annual report last year said there was confidence in hitting FY24 profit expectation but also gave no numbers. In October we got ... "Overall, we expect first-half adjusted operating profit of approximately £23.7 million. The ongoing focus on simplicity and efficiency underpins the Board's confidence that GBG will deliver its FY24 profit expectations" ... so again no numbers. The previous narrative was for slightly improved revenues in H2, we got a slight contraction in H1, but modest progress in operating profit thanks to "efficiencies". I seem to remember at half way being disappointed that hitherto tremendous debt reduction progress had stalled. My guess is we should expect FY adjusted eps of around 18-20p, so adjusted operating profit £46-50M. In other words a flattish performance. Good enough to sustain this level of share price but no more, it will take a much more exciting growth-based outlook to restore our fortunes. |
Posted at 30/1/2024 07:14 by hotfinance14 GB GROUP PLC("GBG", the "Group" or the "Company") Directorate change Trading in line with expectations GB Group plc, (AIM: GBG) the experts in digital location, identity verification and identity fraud software, confirms that, further to the announcement of 8 November 2023 and a successful transition period as CEO designate, Dev Dhiman has today formally taken up his Board position as CEO. Dev replaces Chris Clark who, as part of the CEO succession plan, has now stepped down as a director of the Company. As expected, trading during the third quarter to the end of December 2023 reflected a continuation of the trends reported in the first half. As a result of progress delivered from our efficiency and simplification initiatives, the Board remains confident in meeting its FY24 expectations. GBG will publish its full year pre-close trading statement in April 2024. |
Posted at 08/11/2023 07:30 by hotfinance14 Retirement of Chief Executive / Appointment of CEO designateGB Group plc, (AIM: GBG) the experts in digital location, identity verification and identity fraud software, announces that Chris Clark, the Company's Chief Executive Officer, has informed the Board of his intention to retire as CEO and will step down from the Board with effect from 30 January 2024, and will be available to the Company until 30 July 2024. Following the conclusion of a rigorous selection process by the Nomination Committee, the Company is pleased to announce that Dev Dhiman has been promoted to Chief Executive Designate. Dev will assume the role of Chief Executive Officer and will join the Board on 30 January 2024. In the meantime, he will work closely with Chris to ensure an orderly handover. Dev joined GBG in November 2020 as Managing Director, Asia Pacific. During the past three years our APAC business has consistently delivered year-on-year revenue growth and Dev has demonstrated excellent leadership qualities aligned with GBG's people-focused culture. Previously, he spent 12 years at Experian, where he held a variety of senior positions, he has considerable knowledge and experience of the sector and the markets in which we operate. Richard Longdon, Chair of GBG, said: "On behalf of the Board, I would like to give our thanks to Chris for his significant contribution over the last 7 years, his passion and dedication will be missed by everyone at GBG and we wish him the very best in his retirement. I am delighted to be able to announce Dev's appointment as CEO designate. During our selection process it was clear that Dev's deep understanding of GBG, its markets and potential, make him the ideal leader to replace Chris. We are confident that he will work together, with the excellent Executive Team, to lead GBG through the next phase of its evolution." |
Posted at 20/7/2023 07:16 by hotfinance14 2023 AGM StatementGBG (AIM: GBG), the experts in digital location, identity verification and fraud prevention software, will hold its Annual General Meeting ("AGM") today at 10am at its registered office in Chester, UK. Shareholders are invited to attend the meeting in person to engage and share views with the Board of Directors. At the AGM, Richard Longdon, Non-Executive Chair, will make the following statement: "As reported in our full-year results announcement on 15 June 2023, FY23 was a year of continued strategic progress as GBG reported its highest-ever revenue and adjusted operating profit, supported by contributions from the businesses acquired in the previous year alongside strong delivery in Location and Fraud. Group revenue and profit in FY23 was lower than expected at the start of the year, largely due to significant macro uncertainty and challenging post-pandemic conditions in certain end markets, primarily impacting our identity business in the Americas. While there has been no material change in market conditions, we continue to expect some gradual revenue acceleration in the latter part of the year and to achieve our FY24 profit and cash generation expectations assisted by a group-wide focus on efficiency. We remain focused on cash generation and repayment of debt and are pleased with the improvement in our current net debt position to £90.9 million, prior to the payment of the final dividend, which is subject to shareholder approval at today's meeting. Looking to the future, the Board is confident GBG is well-placed to benefit from attractive structural growth in our markets. The increasing proliferation and sophistication of fraud through the advent of generative AI reinforces the need for customers to adopt multi-layered identity solutions. This presents a long runway of opportunity for GBG to capitalise on the breadth of its capabilities and global reach. Our next scheduled trading update will be the pre-close trading statement in mid-October 2023." ALL positive and the debt lowering significantly. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
