Eleco Public Share Discussion Threads

[ansc] 16/7/2025 20:27:46

Another 24 trades [165,912 shares] marked today which pushed the share price to a new closing all-time high of 178.5p. As a long term holder, I'm obviously pleased but somewhat confused.

[ansc] 15/7/2025 19:34:34

22 trades marked today with the share price reaching yet another all-time high ..... when will the bubble burst ?? !!

[ansc] 11/7/2025 19:34:14

An unusually high number (32) of trades marked today [some of which I find confusing] but I'm certainly not complaining with that closing price at an all-time high.

[ansc] 10/7/2025 19:18:20

Hot ..... and I'm not talking about the weather !!

[ansc] 20/6/2025 10:34:37

20 June 2025 - Eleco Plc ("Eleco" or the "Company")

Director Dealing

The Board of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, announces that it has been notified by James Pellatt, Non-executive Director of Eleco, has purchased 6,052 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 165.05p per share. As a result, James Pellatt is now interested in 6,052 Ordinary Shares of the Company, representing 0.007% of the issued share capital.

[virginialouise] 10/6/2025 10:43:54

Surely the chairman's purchase must have had some affect on the price?

[ansc] 09/6/2025 19:27:11

Another all-time high reached by the share price today albeit on low volume. Puzzling but I'm not complaining.

[virginialouise] 05/6/2025 12:54:44

That's what I call a sign of confidence!

[ansc] 05/6/2025 10:29:46

IMHO,usually a positive indication when a director 'buys' immediately following their company's AGM:

5 June 2025 - Eleco Plc ("Eleco" "Group" or the "Company")

Director Dealings

The Board of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, announces that it has been notified that Mark Castle, Non-executive Chairman of Eleco, has purchased 46,500 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at the quantities and prices set out in the table below. As a result, Mark Castle is now interested in 46,500 Ordinary Shares of the Company, representing 0.06% of the issued share capital.

Director

Date of Purchase

No of shares purchased

Purchase Price

Resultant holding

Resultant holding as a % of the issued share capital

Mark Castle

3 June 2025

5,000

159.00 pence

46,500

0.06%

3 June 2025

10,000

160.00 pence

4 June 2025

31,500

162.00 pence

[ansc] 03/6/2025 14:30:16

3 June 2025 - Eleco plc ("Eleco", the "Group" or the "Company")

​AGM Statement and Trading Update

At the Company's Annual General Meeting ("AGM") being held at 11:00am today, Mark Castle, Non-Executive Chairman of Eleco Plc (AIM: ELCO), the specialist software provider for the built environment, will make the following statement:

"We are pleased with Eleco's progress in the first four months of 2025, particularly given the backdrop of ongoing political and market uncertainty. Underlying demand for Eleco's products remains resilient, driven by the construction industry's continued shift toward sustainability, digitisation of the built environment, and productivity enhancements.

It is pleasing to see the share price has continued to respond to the underlying continuing trading performance of the business, moving from 117p at the last AGM date in June last year to over 163p at the close of day preceding this year's AGM.

The Board remains confident in the outlook and trading remains in line with market expectations for the full year."

[ansc] 30/5/2025 14:19:12

The AGM is next week (Tuesday, 3rd), I'm hoping that the recent strength of the share-price might indicate that the company is able to announce a positive trading statement.

[ansc] 28/5/2025 19:26:52

17 trades marked today (all small buys) as the share price tries hard to break through it's all-time high of 155p.

One very contented shareholder.

[martinmc123] 01/5/2025 12:53:40

wealthoracle.co.uk/detailed-result-full/ELCO/1390

[ansc] 01/5/2025 10:28:33

A cracking set of annual results:

1 May 2025 - Eleco Plc ("Eleco", the "Group" or the "Company")

Audited Results for the Year Ended 31 December 2024

Strong 2024: Ahead of Market Expectations in Revenue, Profitability and Cash

The Board of Eleco plc (AIM: ELCO), the specialist software provider for the built environment, is pleased to announce its audited results for the year ended 31 December 2024:

Financial highlights

Revenues

Annualised Recurring Revenues (ARR)1: £26.6m (2023: £22.6m), an increase of 18%

·Total Recurring Revenue (TRR)2: £24.9m (2023: £20.7m), an increase of 20%, representing 77% of reported revenue (2023: 74%)

Headline Total Reported Revenues: £32.4m (at constant currency £32.8m) (2023: £28.0m), an increase of 16% and 17% at constant currency

Profitability

EBITDA3: £7.2m (2023: £5.8m), an increase of 24%

Profit before taxation (PBT): £4.3m (2023: £3.4m), an increase of 26%

Profit after taxation (PAT): £3.3m (2023: £2.7m), an increase of 22%

Basic earnings per share: 4.0p (2023: 3.2p), an increase of 25%

Adjusted EBITDA4: £7.7m (2023: £6.1m), an increase of 26%

Adjusted profit before tax4: £5.4m (2023: £4.2m), an increase of 29%

Adjusted profit after tax4: £4.2m (2023: £3.3m), an increase of 27%

Adjusted basic earnings per share4: 5.1p (2023: 4.0p), an increase of 28%

Cash and dividends

Cash: post M&A activity, £14.0m (2023: £10.9m). The Group remains free of debt

Free cash flow5: £6.3m (2023: £3.8m), an increase of 66%

Final dividend: 0.70p per share (2023: 0.55p per share), an increase of 27%

Total proposed final and interim dividends: 1.00p per share (2023: 0.80p per share), an increase of 25%

Operational highlights

M&A Strategy

Acquisition in April 2024 of the Vertical Digital group of companies to enhance the Group's technical capabilities for a multinational audience, providing agile and innovative software development, technical consulting, and upskilling solutions.

Acquisition post year end of PMI Software Ltd (PEMAC), Ireland, a recognised leader in providing SaaS Computerised Maintenance and Management Software (CMMS), complementing the Group's existing ShireSystem CMMS software.

Technology

Asta Powerproject® awarded 'Project Management Software of the Year' at the UK Construction Computing Awards for the eleventh consecutive year, recognising Eleco's commitment to innovation and excellence in the construction industry.

Asta Vision LiveTM launched in May 2024, providing multiple project collaboration capabilities for planners and schedulers.

AstaGPTTM, Generative AI support developed in-house and launched in March 2024. Shortlisted for the Innovation of the Year at the Digital Construction Awards 2024.

Growth

Record recurring revenue growth and year-on-year revenue growth.

ISO 27001 accreditation achieved by Elecosoft UK Limited and BestOutcome Limited in recognition of their IT systems meeting or exceeding the latest industry standards, and information security and data protection best practices being followed.

Great Place to Work® certification additionally achieved for the Netherlands and Romania.

Jonathan Hunter, Chief Executive Officer of Eleco plc, said:

"We are extremely pleased to report Eleco's further success and achievements in 2024. The financial performance in the period has been ahead of market expectations for revenue, profitability, and cash generation.

We have built on this successful organic performance with the enhancement of our portfolio of building lifecycle product solutions. In 2024, the acquisition of the Vertical Digital group of companies brought agile and innovative software development, technical consulting, and upskilling capability to our software solutions. The post year-end acquisition of PEMAC then broadened our Asset Management capabilities and customer base.

We remain confident that with the initiatives and investments we are making, Eleco will see a strong growth trajectory going forward, despite the present geopolitical and macroeconomic situation."

[texaspete2] 22/4/2025 15:21:36

A good sign when you have a quiet bulletin board :) ... I thought Mitie's last update was good and hopefully there is read across here. Recent YOY growth has been very good, fingers crossed it has been continuing

[virginialouise] 16/4/2025 16:51:32

At last a post!I was wondering where everybody had gone in the last2 months plus.

[ansc] 16/4/2025 14:34:26

ELCO's 2023 annual figures were announced on 23rd April last year so (hopefully) not much longer to wait for 2024's.

[ansc] 29/1/2025 19:28:06

The two share trades marked after the market closed - 103,372 and 50,000 (both @ 148p) - more than offset the 76,227 shares marked as sold during the trading day.

I'm quite happy to maintain my holding for the foreseeable.

[ansc] 28/1/2025 19:24:26

Extract from trading update:

Jonathan Hunter, Chief Executive Officer of Eleco plc said:

"We are delighted to report continued success and improvements in Eleco's trading performance for the full 2024 financial year, which was ahead of market consensus, while reaching several strategic milestones for the Group. We demonstrated solid growth in total and recurring revenues and delivered strong cash generation despite acquisition payments and dividend increases."

"Strategically, we enhanced our technical capabilities, talent and scalability through the acquisition of Vertical Digital and more recently strengthened our Asset Management operations with the acquisition of PEMAC."

"Eleco is recognised as a Great Place to Work® and we are very proud that anyone joining the Company becomes part of our talented and diverse team of over 300 colleagues. We believe that we are not simply a technology business but a trusted partner to our customers, supporting their success through our solutions."

"As Eleco continues to strengthen its reputation, we remain excited about opportunities open to us.

[robow] 28/1/2025 09:53:05

Good to see an ahead of expectations trading update

[adamb1978] 25/1/2025 13:19:30

Has anyone heard about the date of the TU? Was 23rd Jan last yar

[ansc] 20/1/2025 19:09:22

A pleasing start to the week, hoping that it's maintained on the run-up to the trading statement (last year issued on the 29th January).

[ansc] 14/1/2025 19:23:16

See acquisition of PEMAC today.

Eleco PLC Acquisition of PEMAC

[adamb1978] 31/12/2024 13:20:57

Hi All

Happy holder here - very nice performance over this year.

Are there any real time indicators which people look at for ELCO? ANything people pick up on social media from them etc?

Only ask given the last update was the interims in Sept, and they're not a company who uses RNS for generic marketing.

Think we're on around 25x for 2025, which is fine gien the growth, so looking forward to the Jan update.

Adam

[ansc] 24/12/2024 13:52:47

After today's rise, Eleco shareholders should enjoy a Happy (and perhaps even 'Merry') Christmas.