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 charts Register for streaming realtime charts, analysis tools, and prices.

IDOX Idox Plc

65.00
0.80 (1.25%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Idox Plc IDOX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.80 1.25% 65.00 16:35:16
Open Price Low Price High Price Close Price Previous Close
63.20 63.20 63.40 65.00 64.20
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Idox IDOX Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
25/01/2024FinalGBP0.00628/03/202402/04/202412/04/2024
26/01/2023FinalGBP0.00530/03/202331/03/202314/04/2023
27/01/2022FinalGBP0.00424/03/202225/03/202208/04/2022
02/02/2021FinalGBP0.00325/03/202126/03/202109/04/2021

Top Dividend Posts

Top Posts
Posted at 26/1/2024 16:45 by tomps2
Idox (IDOX) Full Year 2023 results presentation - January 24

Idox CEO, David Meaden and CFO, Anoop Kang present full year results for the period ended 31 October 23, followed by Q&A

Watch the video here:

Or listen to the podcast here:
Posted at 09/8/2023 17:16 by trcml
Just has the usual check from te county council for voting, only this time I did it online via an Idox product. At the end of which was a survey, which because it was Idox I completed (depsite no longer a shareholder). Efficient experience.
Posted at 12/6/2023 10:07 by tomps2
Idox (IDOX) Interim results 2023 presentation - June 23

Idox CEO, David Meaden and CFO, Anoop Kang, present interim results for the six months ended 30th April 2023, followed by Q&A. It’s a good first-half performance, with encouraging organic growth and continued cash generation.

Watch the video here:

Or listen to the podcast here:
Posted at 26/5/2023 08:52 by strollingmolby
Idox is Proud to Announce Selection as Electoral Management System Supplier to Three New Unitary Authorities

Cumberland Council, Westmorland and Furness Council, and Somerset Council have each appointed Idox as their selected Electoral Management System (EMS) supplier.

Idox, a leading supplier of electoral management systems, is pleased to announce it has been chosen as the EMS supplier to three newly formed unitary authorities in the UK – Cumberland Council, Westmorland and Furness Council, and Somerset Council.

The new authorities, each formed from several former districts or boroughs that had used a full range of operational EMS solutions, based their selection on hands-on experience of all the working systems available on the market. Idox’s EMS stood out from the rest, demonstrating its reliability, accuracy, and efficiency in electoral processes.

At Idox, we understand the importance of providing solutions that meet the needs of electoral administrators while ensuring reliability and are committed to delivering innovative products and services that add value to our clients. We are excited to build strong, long-lasting relationships with the newly formed unitary authorities with the confidence that our EMS ecosystem of products will provide the best solutions for their electoral processes.

The three new customers are currently in the migration process and are expected to go live in the next few weeks. They will benefit from all the core changes for the Elections Act 2022 that have already been deployed to our customers, and they will benefit from further changes coming down the line based on policy that is still being developed by DLUHC as we continue to collaborate with the UK Government and devolved administrations.

We look forward to working closely with the newly formed unitary authorities, providing them with the support and solutions they need to ensure their electoral processes run smoothly and efficiently.
Posted at 27/1/2023 11:12 by tomps2
Idox (IDOX) full year 2022 results presentation – January 2023

Idox Chief Executive, David Meaden and CFO, Anoop Kang, present the results for the year ended 31 October 2022. “A solid performance, with strong recurring revenue and margin expansion”

Watch the video here:

or listen to the podcast here:
Posted at 15/7/2022 11:55 by km18
..from last month...


IDOX Plc encompasses subsidiaries providing software solutions and information services for the management of local government and other organisations. As a result, the firm is segmented into three corporate areas: Public sector software, engineering information management and content, which in turn results in plausible cloud-based solutions and offers on-premises. Consequently, it implies that the firm is involved in the operation of building, environmental health, trading standards, licensing, address management and other geospatial information services. This effective and diversified infrastructure enabled the firm to optimise operating profit margin by 13% while reducing net debt by 54%, hence the firm is lowly geared. Considering that three acquisitions have been successfully completed lately, Idox Plc was able to use cash efficiently to fund corporate activities, leading to a robust order book. Given the multiple sources of income, the group managed to capture intrinsic value, explained by the organic solid EV/EBITDA of 15.27x. Considering the enriching initiatives and highly innovative acquisitions, the firm enhanced its organic EPS growth by 26.7%. This evidence suggests that the firm is able to capitalise on market opportunities well, hence the firm’s P/B value was forced up to 4.22x. The conservative working capital policy performed, enabled the group to continue as a going concern. Despite these enriching and stimulating initiatives, International Holdings is still undervalued with respect to its peers, since the firm’s P/E ratio stands at 22.1x, lower than its information technology industry benchmark of 51x, hence investors can purchase the stock cheaply.

Brief Analysis:

P/E = 22.1x, below the sector threshold.
P/B = 4.22x, higher than information technology threshold
P/FCF = 72.6x, above information technology benchmark.
EV/BITDA = 15.27, capturing intrinsic value.
EPS growth = 26.7%.
Operating margin of 13%...

...from WealthOracleAM
Posted at 17/6/2022 11:05 by trcml
I've given up. Recurring revenues are al very well for customer confidence and employee salaries and while Idox is clearly a good business that does not make it a good investment.
Posted at 15/6/2022 15:42 by tomps2
IDOX H1 2022 results presented by David Meaden, CEO & Anoop Kang, CFO, to analysts, followed by Q&A.

Video: hxxps://www.piworld.co.uk/company-videos/idox-idox-interim-results-2022-presentation-june-2022/

Podcast: hxxps://piworld.podbean.com/e/idox-idox-interim-results-2022-presentation-june-2022/
Posted at 28/1/2022 09:53 by tomps2
Here is the IDOX FY21 results presentation to analysts incl Q&A given 27.1.22.
Posted at 08/7/2021 14:13 by strollingmolby
Still getting some coverage here - spotted this on Idox's LinkedIn page today, a Growth Company Investor piece following an interview with David Meaden. The full GCI article that is linked is behind a paywall but this text has been published by Idox:

Earlier this year, our CEO David Meaden sat down with
Growth Company Investor to talk about our business. The
article gives an insight into our public sector software
focused growth strategy, from the acquisition of Aligned
Assets to the changes we’ve been making in recent months
as well as an outlook on the future of our business.
This extract covers some of the highlights with the full piece
available to read here.

The business
Idox now has a strong, focused position in public sector software which accounts for over 80% of group revenue. The company’s products mainly address document process management and statutory compliance requirements for local authority clients and the NHS. Over 90% of UK local authorities take one or more products which fit into seven categories. Property-related software includes planning consent, building control, land charges, and address management. In public protection, Idox software supports environmental health, licensing and trading standards. There are tools to support the delivery of social care and disability services, grant and funding programmes, facilities management, traffic management, and electoral services.

Management and finances
A key element of the story concerns the recent changes in management and strategy.
CEO David Meaden joined the company in June 2018 after a long career at Northgate
Information Solutions and set about restructuring a business that had lost its way. Idox had grown by making acquisitions that had not been integrated, so there was no value created from them being in the same group structure. It meant the business was overly complicated and some of the deals had not gone well. Meaden identified Idox’s core strength as its public sector expertise and its ability to solve these clients’ problems through software products. Given the commonality of the client base, this software can be sold to many customers with minimal customisation. So the strategy has been to simplify, dispose of the peripheral digital and content businesses, and focus on software provision.

Valuation and outlook
We were impressed with David Meaden and the restructuring element of the Idox story
when we spoke to him in February. Our intention was to write the stock up as a new
recommendation that month, only for the aborted bid to send the stock above a sensible buying range. The shares were trading in the mid-50s pre-bid and are now in the mid-60s; so the valuation has risen but does not look too demanding for a software business with improving operational trends and a clear growth strategy. We also like companies that have received a bid – if it happens once it can happen again.

Acquisitions form an important part of the story, but management appears to have put the right structure in place to integrate these and they should be coherent bolt-on deals which have a clear fit with the business. Meaden talks of the SaaS ‘rule of 40’ which defines successful companies as those with a growth rate plus ebitda margin of 40 or above. With a 5% growth rate (plus bolt-ons acquired for cash) and an ebitda margin now moving into the 35% area, Idox looks well placed.

Your Recent History

Delayed Upgrade Clock