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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
I-Mate | LSE:IMTE | London | Ordinary Share | GB00B0J0C046 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.12 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9474U i-mate plc 17 April 2007 For immediate release 17 April 2007 i-mate plc Pre Close Update i-mateTM (London AIM: IMTE), the specialist in Microsoft Windows Mobile devices and software applications, today announces that sales in the final quarter have been as predicted in their trading update of 26th January 2007, with revenues for Q4 and the full year within the ranges provided. This will result in a marginal loss before taxation for the 12 months to 31 March 2007. Cash held at year-end was $65 million. Following on from the announcement in January, management has undertaken a complete structural and operational review to enable the Company's next stage of growth and support the launch of new product ranges. This has also focused on i-mate's ability to control certainty of production and quality of product. The company will now operate with 4 regional sales territories, and centres of technical expertise are being established; software will be based out of USA, hardware out of UAE and R&D out of the UK. All of i-mate's new devices are on schedule for mass production delivery starting in June. The restructuring will complete in May and will result in operational savings of approximately $3 million per annum. - E N D S - For further information please contact: Buchanan Communications Jeremy Garcia / Robin Haddrill Tel: 020 7466 5000 JPMorgan Cazenove Nicholas Garrett / David Harvey - Evers Tel: 020 7588 2828 This information is provided by RNS The company news service from the London Stock Exchange END TSTBLGDSLSBGGRL
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