Aptitude Software Share Discussion Threads

[valhamos] 24/7/2019 11:30

Pleasing increase in annual recurring revenue.

mw8156 - no income tax but the sale of B shares will be a disposal for capital gains purposes.

[modform] 24/7/2019 10:43

Happy to hold here, and the big bonus is that it's not a twitterati favourite

[mw8156] 24/7/2019 08:31

return of capital by issuance of B shares - does that mean there will be no income tax to pay?

[shauney2] 23/7/2019 16:50

Results tomorrow.Will we see any announcement on the B issue and ratio of return to shareholders?

[from8to800] 15/7/2019 08:36

Market not paying much attention though, it seems... Oh well.

[shauney2] 15/7/2019 08:06

Strong update with growth of 29%

"new business progress has led to Aptitude Software's recurring revenue base growing to GBP27.5 million at 30 June 2019 (31 December 2018: GBP24.0 million, 30 June 2018: GBP21.4 million), representing growth since 30 June 2018 of 29%. The growth of Aptitude Software's recurring revenue base is a strategic objective of the Group and is expected to lead to a higher proportion of higher value software revenues in the future as the business continues to scale"

[modform] 10/7/2019 09:19

We are heading towards a breakout and very quiet board here, let's hope it continues ...

[zipstuck] 31/5/2019 12:26

I imagine that there is the possibility that someone could take out this now that the MFS has gone.

[wingrove4] 30/5/2019 15:24

You've had 40p of any special dividend alreadySorry did you mean the price has gone up by 40p because invariably the price will go down tomorrow. If they're going to return almost £50 million to shareholders then ideally it would be by payment of a special dividend. Or am I being thick

[zipstuck] 30/5/2019 12:01

Pleased with this. I assume that now there will be no need for a separate listing which should saving few shillings as well.

[mammyoko] 30/5/2019 08:52

You've had 40p of any special dividend already!

[4wingrove] 30/5/2019 08:48

I had a quick look and didn't see how they intend to return cash to shareholders, any thoughts hopefully a special dividend I Find share buybacks don't seem to boost share price

[valhamos] 30/5/2019 08:39

A reasonable price for what has been over recent years a low growth (in profit terms) business leading to greater focus on developing Aptitude going forward.

[shauney2] 30/5/2019 08:36

Sale of MFS for £51m.

" Assuming Completion on 30 June 2019, the Net Cash Proceeds arising from the Disposal are expected to be approximately £48.4 million.

The Aptitude Board intends that the Company will return a significant majority of the Net Cash Proceeds to shareholders, unless more value creating opportunities arise and subject to prevailing market conditions"

I'm hoping for a one off special dividend.70p would be nice.

[valhamos] 21/5/2019 09:11

Good progress since the start of the year and good to see growth in Aptitude Accounting Hub as a general product in addition to the specialised sectors such as insurance and leasing.

[nimbo1] 25/4/2019 10:22

I've just bought a position here - looks interesting.

[valhamos] 05/4/2019 15:40

New thread created following Microgen's name change to Aptitude Software Group.

[valhamos] 05/4/2019 15:37

Formerly Microgen