ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

ELCO Eleco Public Limited Company

131.50
1.50 (1.15%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eleco Public Limited Company LSE:ELCO London Ordinary Share GB0003081246 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  1.50 1.15% 131.50 32,451 15:58:19
Bid Price Offer Price High Price Low Price Open Price
130.00 133.00 131.50 130.00 130.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 28.01M 2.66M 0.0319 41.22 108.24M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:58:14 O 325,000 128.3073 GBX

Eleco Public (ELCO) Latest News

Eleco Public (ELCO) Discussions and Chat

Eleco Public (ELCO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 16:15:00128.31325,000416,998.56O
2024-07-26 16:15:00128.50130,000167,050.00O
2024-07-26 16:15:00127.5053,81568,614.13O
2024-07-26 16:15:00129.8235,00045,437.49O
2024-07-26 16:15:00128.5061,87279,505.52O

Eleco Public (ELCO) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Eleco Public Daily Update
Eleco Public Limited Company is listed in the Computer Programming Service sector of the London Stock Exchange with ticker ELCO. The last closing price for Eleco Public was 130p.
Eleco Public currently has 83,262,397 shares in issue. The market capitalisation of Eleco Public is £109,490,052.
Eleco Public has a price to earnings ratio (PE ratio) of 41.22.
This morning ELCO shares opened at 130p
Posted at 25/7/2024 10:49 by ansc
25 July 2024 -Eleco Plc ("Eleco", "Group" or the "Company")

H1 Trading update

The Board of Eleco plc (AIM: ELCO), the specialist software provider for the built environment, is pleased to provide a trading update for the six months ended 30 June 2024 (the 'Period'), based on unaudited management accounts for the Period.

Trading highlights

Eleco delivered further record growth in both Annualised Recurring Revenue1 ("ARR") and Total Recurring Revenue2 ("TRR"), reflecting continued progression on its growth strategy.

· ARR at 30 June 2024 increased 31% to circa £25.8m (£19.7m at 30 June 2023).

· TRR increased by approximately 24% to £12.0m (H1 2023: £9.7m), representing 74% of total revenue (H1 2023: 72% of total revenue), and 75% of total revenue excluding the effects of the Vertical Digital acquisition.

· Total revenue for the period increased by 21% to circa £16.3m and in constant currency terms approximately £16.5m (H1 2023: £13.5m). The organic growth rate for the period over its comparable period was 12%, excluding acquisition effects3.

· Cash as at 31 June 2024 was £12.0m (at 30 June 2023: £9.4m; at 31 December 2023: £10.9m) reflecting strong cash generation notwithstanding the Vertical Digital acquisition consideration of £1.1m and an increased final dividend payment of £0.5m (H1 2023: final dividend payment of £0.4m).

1 ARR is defined as normalised annualised recurring revenues and includes revenues from subscription licenses, contract values of annual support and maintenance, and SaaS contracts. This ARR figure is calculated with the inclusion of contributions from acquisitions as part of the Group business going forward.

2 TRR is defined as the recurring revenues from subscription licences, contract values of annual support and maintenance, and SaaS contracts

3 Revenues in H1 of 2024 include the first half contribution of the BestOutcome acquisition and also approximately two and a half months contribution of the Vertical Digital acquisition.

The Interim Results will be reported in full in September with a date to be confirmed in due course.

Jonathan Hunter, Chief Executive Officer of Eleco plc said:

"We are proud to report positive momentum in Eleco's trading performance for the first six months of the 2024 financial year, moving significantly ahead of the first six months of 2023.

As anticipated with the launch of AstaGPT, our customers have benefited from using Generative AI to find tailored support from the wealth of our knowledge bank of documentation. AstaGPT was shortlisted for the Innovation of the Year at the Digital Construction Awards 2024. We also recently launched Asta Vision LiveTM, a powerful new collaboration capability which allows multiple project planners and stakeholders to work simultaneously on a project in an encrypted, SaaS cloud-based environment.

Integration of the April-acquired Vertical Digital business is progressing well. This has bolstered our ability to meet our internal technical resourcing demands, utilising its proven track record in agile and innovative software development and consulting.

Eleco is well positioned in an attractive market that is increasingly utilising technology to meet the demands of the built environment and the Company continues to strengthen its reputation as a trusted provider of best-of-breed technology solutions.

The Board remains confident that Eleco will perform in line with market expectations for the full year."
Posted at 15/7/2024 17:26 by robow
Gervias Williams discusses Elco on Vox markets



mentions that broker has 160p TP
Posted at 25/6/2024 19:16 by ansc
The share price is holding steady in spite of almost non-stop daily selling ..... stake building by an institution?
Posted at 05/6/2024 15:40 by adamb1978
I'm planning to hold for longer than 12 months, assuming the company's transition continues. I'm relatively new in to ELCO (well, 5 months) so possibly have a different view to some
Posted at 05/6/2024 10:01 by virginialouise
I understand that Cavendish have a target price of 160p.
I wonder how far away is the target?
Posted at 04/6/2024 19:07 by ansc
41,607 shares bought today against 22,447 sold and the share price is marked down 2p .....par for the course for ELCO shares!
Posted at 04/6/2024 10:21 by ansc
4 June 2024 - Eleco Plc ("Eleco", "Group" or the "Company")

AGM Statement and Q1 2023 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 to report that the business continues to perform well with a solid trading performance over the first four months of the financial year. The Board remains confident in the outlook and trading remains in line with market expectations for the full year.

It is good to see that the hard work and delivery has started to be recognised in the share price, with a 45% increase over the past 12 months. We look forward to driving further growth across the Group in the years ahead."
Posted at 03/6/2024 09:57 by fillipe
Sparkling 13% rise today at ELCO!

f
Posted at 23/4/2024 11:20 by smithie6
£28m turnover & £78m cap value.

sales/pat ratio, undiluted of 78/28= 2.8.
------

adj eps of 4.0p.
share price ~100p.
p/e (adjusted) = 100/4= 25

----

not cheap imo.
Posted at 23/4/2024 08:03 by johnwise
Elecosoft Public Limited Company (ELCO)

Final Results

The Group remains free of debt.
Eleco Public share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock