Amino Technologies PLC Progressive publishes new research

TIDMAMO

Amino Technologies PLC

08 December 2020

 
Revenue beats pre-COVID expectations 
 Amino's trading update for the year ending November 2020 signals the business has performed 
 extremely strongly against a backdrop of COVID-19 driven challenges. At approximately $83m, 
 revenue is c8% higher than FY 19A and slightly ahead of our forecast - which was set prior 
 to COVID-19. The period also saw an improvement in earnings quality and the group's financial 
 position remains strong. The recommencement of dividend payments is a further positive. We 
 leave underlying estimates unchanged following the announcement and believe the group's vision 
 of making it easy for people to connect to the TV and Video they love is well attuned to the 
 ongoing structural shifts in TV consumption. 
 

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         Broad coverage                      Analyst calibre 
       across 12 sectors 
 
 Business Services   Oil & Gas       15        with average       20 
                                   analysts                      years 
    Financials        Property                  experience 
                                                    of 
    Healthcare         Retail 
    Industrials      Technology      30+                       techMARK 
 Investment Trusts    Telecoms                industry based    Extel 
      Mining         Utilities                    awards       StarMine 
 

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December 08, 2020 02:23 ET (07:23 GMT)