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IOM Iomart Group Plc

133.00
-1.00 (-0.75%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Iomart Group Plc IOM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-1.00 -0.75% 133.00 16:35:21
Open Price Low Price High Price Close Price Previous Close
134.00 128.50 134.00 133.00 134.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Iomart IOM Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
05/12/2023InterimGBP0.019404/01/202405/01/202426/01/2024
13/06/2023FinalGBP0.03517/08/202318/08/202308/09/2023
06/12/2022InterimGBP0.019405/01/202306/01/202327/01/2023
14/06/2022FinalGBP0.03611/08/202212/08/202202/09/2022
07/12/2021InterimGBP0.024206/01/202207/01/202228/01/2022
15/06/2021FinalGBP0.04512/08/202113/08/202103/09/2021
01/12/2020InterimGBP0.02607/01/202108/01/202129/01/2021
24/06/2020FinalGBP0.039313/08/202014/08/202004/09/2020
27/11/2019InterimGBP0.02619/12/201920/12/201931/01/2020
11/06/2019FinalGBP0.050115/08/201916/08/201905/09/2019

Top Dividend Posts

Top Posts
Posted at 12/4/2023 14:02 by kalai1
iomart Group plc issued a pre-close trading statement for the year ended 31 March 2023 this morning. The Group expects to deliver FY performance in line with market expectations. For the year ended 31 March 2023, the Group expects to report revenue of approximately £115 million (FY22: £103.0 million), adjusted EBITDA of approximately £36.2 million (FY22: £38.0 million) and adjusted profit before tax of approximately £14.6 million (FY22: £17.1 million). So a return to topline expansion with some pressure on margins, but still generally profitable for the sector. Net debt was roughly steady and comfortable at around £41m. Valuation is also relatively attractive with forward PE ratio at 10.8x top quartile for the Software & IT Services sector. Share price remains in a longer run correction and lacks positive momentum for now, there is no rush to buy. IOM is a share to monitor for now...

...from WealthOracle
Posted at 13/12/2021 14:26 by km18
Iomart Group is involved in the management of cloud services and development of Easyspace to offer a range of products to the micro and SME markets. Subsequently, infrastructure solutions are provided to small companies to assist them with data protection issues and e-commerce awareness. These plausible initiatives were incorporated into the firm’s valuation, where P/S ratio was 1.63, slightly higher than the industry benchmark of 1.16. As a result, a robust dividend yield of 4.01% was derived, higher than the industry threshold of 3.20%, signifying that market participants could enhance the value of their portfolio by investing in Iomart Group, with respect to its peers. This evidence is supported and explained by Iomart’s P/FCF ratio of 8.6, higher than IT industry P/FCF ratio of 3.4, which in turn signifies that Iomart Group financed its operations and investing activities more effectively than its competitors operating in the Information Technology industry.



Keep to date with WealthOracle AM
Posted at 07/12/2021 08:56 by knigel
The only part of the results I don’t like is the dividend cut - not really necessary and maintaining it would have been a good signal (Broker note from Fincapp and 325p target according to another BB website)
Posted at 08/11/2021 15:54 by sphere25
IOM flirting with a key level in trying to push for a short term bounce higher, but there are automated sell orders which keep hitting the bid at these levels. It is keeping a lid on the bounce, could be a short term top too so something to keep a closer eye on.

IOM is prone to sharp moves and been a nice one to nip in and out of in the past so always worth keeping an eye on, but yes short term aside, it looks far more tricky going forward.

They had a knack of putting out little downgrade statements and then hit the market with much more of blow. It is hard to rule out another downgrade, so it's a call on where the bottom of the earnings are and whether the market value takes that all into account here?

Furthermore, if there is another warning, will the market be happy to value IOM at least back up here after it all plays out?

And if a suitor does pop up, will they value it at least these levels?

Personally speaking not interested enough at the moment (but if pushed, I'd wait for further trading update's if taking a longer term view) and paying less and less attention to fundamentals. Now mainly trying to piggy back off breakouts, volume, momentum and tips but these are all things folk will be considering.

If you look at market activity, someone has picked up 772,394 at 144.7p last Monday.

Possible signal?

Clearly that buyer must be thinking any further downgrade's (if any in their mind) will get bought up to at least that level or that corporate action will take place to at least hit that mark. They might come in and gobble up more large chunks on significant weakness.

They could of course be wrong and any ultimate outcome end up lower, but that is the tricky nature of navigating market's. Everyone has a view and makes a call.

I just try and piggyback of short term moves,and if they don't work, exit.

So more to consider here for folk, but even for us short termers, not that smooth out there. There are a few of these shares about which are flirting with key levels but not breaking out e.g. NCC, TED, RMM

Trying to find and trade the breakouts and short term bounce candidates OUTSIDE OF NEWS. Clearly the likes of TED could put out a warning on supply chain issues so have to tread carefully.

The market could eventually look beyond such statements, but what if there is another IGR out there. Rather not take the risk.

Anywho, rambling on.

I'll keep an eye on this.

All imo
DYOR
Posted at 13/10/2021 14:24 by abrahamtoast
I think part of the problem is that many holders of IOM, individual and corporate, are almost like a family. They still seem close to the company, and many of them bought at much less than 100p, so are still able to sell at a decent profit. The founder and long-term CEO stepped down reasonably recently, and the new guy does not exude confidence. Although the projected figures aren't great, the effect has been disastrous. The board/company needs to do something to get investors buying again.

The CEO needs to be straight with shareholders. There IS undoubtedly a reason for this drop, and the directors know what it is. Obviously they can't tell us everything, but some sort of reassurance/explanation would not go amiss, as without that, board-level incompetence looks like the most likely reason, and that does not bode well for the future.
Posted at 09/10/2021 19:38 by bunlop
This has hardly been under £3 during the last 5 years until recently. Is this fall covid related or have things really turned so bad for IOM ? IOM seem to me to be respected in the expanding market of the cloud with good customer retention.

I have not been following the competition (I am beginning to wish I was not following IOM) so have no idea who may be interested in a takeover but at these prices it may have popped up on someone's radar.

Directors have made small recent purchases so no one can be knocking on their door just yet.

Just hoping that the fall is over done and we see a swift return to £2.50 plus. DYOR as I only follow what the company publishes and like the Octopus holding here as I rate Octopus and they are not selling up.
Posted at 15/6/2021 08:52 by gopher
The group appears to have reached an inflection point with a CEO and strategy. it was difficult to read too much into these results other than a dividend increase and no issue of capital during the last 12 months is positive.
Posted at 08/4/2021 15:47 by wh1spa
Perhaps IOM will have a pop at IDE. They have a datacenter in Bournemouth, a nice contract with Atos and their Dartford lifecycle outfit is apparently doing quite well. Dobbie being ex Iomart and a large IDE Group shareholder will probably be glad to see some return from what was once Cupid. (Albeit a pittance compared to the heady days of CUP)
Posted at 07/4/2021 10:50 by varies
IOM is to continue its "transition away from legacy self-managed infrastructure revenue to managed cloud revenue", the latter carrying a lower profit margin in the short term. In my experience as an investor I have found that transitions from any legacy business always take longer than predicted.
Since we are now in a new tax year, I am tempted to take my profits here and seek a more promising alternative. IOM seems to have stopped growing for the time being and a PE ratio of 24 seems high.
We are assured that prospects for the longer term are promising but I have seldom read a statement from any company chairman that does not contain this assurance !
Posted at 26/1/2021 12:16 by thamestrader
Late January (31/1) last year, IOM payed a dividend. Are we to expect one in the next few days? I have scoured their website, and the latest reports, and drawn a blank.

The investors section of their website is pretty poor for an IT-industry company IMHO. What's the point of a financial calendar that does not include divvi and ex-div dates?

EDIT>> found it, 29jan (friday) is payment date

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