Imimobile Share Discussion Threads

[rivaldo] 10/10/2019 07:17

News of a contract win in Canada:



"IMImobile Launches Innovative Messaging Service with CBC News
Oct 08, 2019, 09:30 ET

CBC enables voters to ask election questions through text messaging

TORONTO, Oct. 8, 2019 /PRNewswire/ -- Global communications software provider IMImobile today announced its collaboration with the Canadian Broadcast Company (CBC) to launch ASK CBC News; an innovative text-messaging service that invites voters to send election-based questions to CBC News. The text-based service is part of the CBC Canada Votes 2019 federal election coverage which was launched to create a personalized, interactive and transparent election experience offered to voters.

The project runs through October 20, allowing Canadians to launch an election conversation by texting ELECTION to 22222*, for a range of content including how to cast a ballot, how to spot fake news, and even party platform questions. It was built using IMImobile's cloud-communications software platform, which enables brands and enterprises to seamlessly facilitate two-way interactions with consumers through mobile messaging.

"It's critical in today's mobile-first environment that organizations recognize the need to leverage consumer-preferred communication channels in order to engage and connect with their audiences," says Bruce Bales, CEO of IMImobile North America. "We're proud to work with CBC News on this important initiative to drive digital transformation in the news industry."

[rivaldo] 25/9/2019 15:16

Anyone here go the AGM this morning? I think I know the answer already....!

[rivaldo] 08/9/2019 19:30

Nice blog article from Thursday noting that Vodafone worked with IMImobile and TMW to deploy its first major RCS campaigns and saw response rates soar up to 25%:



Extracts:

"Looking at the success of the campaign, RCS showed a clear advantage over SMS and MMS, consistently engaging the customer and inspiring action. For context, a massive 80% of customers read the message, and 25% responded to the offer. By comparison, SMS and MMS scored a response rate of around 1%."

"This is just the start of Vodafone’s RCS journey to create richer interactions for their customers. The network is continuing to work with IMImobile and TMW to use the channel across customer service, operations and other key business touchpoints.

The future’s bright for RCS

With RCS demonstrating its potential for engaging customers, the channel’s popularity is growing with organisations that are looking to better manage customer expectations and enhance their CX.

In fact, according to research by Mobilesquared, around 3.23 billion people will use RCS messaging across 486 mobile operators worldwide by the end of 2023.

As more consumers move to RCS compatible devices, use of the channel by businesses is only going to continue to grow in the coming years."

[rivaldo] 29/8/2019 06:49

Octopus Investments have been buying, and are now at 4% with 2.96m shares:

[rivaldo] 27/8/2019 07:25

Good to see (1) the 3CInteractive Corp acquisition completing satisfactorily:



and (2) the AGM is coming soon, on 25th September - IMO don't usually issue a trading update at the AGM, but perhaps this might change as they grow.

[rivaldo] 20/8/2019 09:06

IMO were featured in the Telegraph's Questor column recently as they're one of the investments in its IHT portfolio:



"IHT Portfolio update: IMImobile

IMImobile, one of our most successful tips, has recently announced full-year results and a new acquisition. The results read well: sales rose by 28pc to £143m, adjusted pre-tax profits rose by 36pc to £13.7m and cash generation was strong. Meanwhile the acquisition of 3CInteractive, an American firm, has been well received by investors.

Tony Dalwood of Gresham House, which has a large stake in IMImobile, said the deal took it “a big step forward into an important new market”.

He added: “It gives the firm a platform to grow there; it’s the last piece of the jigsaw globally. Over the past two years it has become a materially larger business.” Mr Dalwood acknowledged that takeovers involved “execution risk” but said the firm had a record of success.

“The US can have a different business culture but in our view there is little reason to worry at this point. The deal was struck at an attractive price for IMImobile.” He pointed out that there had been a lot of acquisition activity in the sector recently and IMImobile could start to attract attention, although it was “doing very well as a standalone entity”."

[rivaldo] 30/7/2019 14:04

Good news whilst I've been away on hols. The acquisition looks a very smart strategic move into the USA, funded partly by a placing at a good price too.

Happy to hold and top up at the right time.

[theaviator] 25/7/2019 19:36

Am holding this strong. I see a nice after hours rns too ;)

[maddox] 24/7/2019 16:52

Hi Aishah,

The fact that the placing was priced above the prevailing share price is a very bullish signal. It indicates that there is strong institutional demand and if they didn't get the allocation they wanted they'll be looking for it in the market.

Looking forward to see some holding RNS reports.

Regards Maddox

[theaviator] 24/7/2019 12:42

RNS amazing https://investegate.co.uk/imimobile--imo-/gnw/imimobile-to-acquire-us-based-mobile-engagement-and-rcs-business-messaging-leader-3cinteractive/20190724123500H3025/

[aishah] 24/7/2019 10:29

TechMarketView on today's news:

IMImobile looking to buy big in the USA

Cloud communications software provider IMImobile continues to build on recent momentum with news that it’s in negotiations to acquire 3CInteractive Corp, a private US cloud-based customer engagement platform for £42.8m. The acquisition will be funded in part via a placing designed to raise £20m and drawdown of new debt facilities.

IMImobile has been intensifying its North American focus for some time, appointing industry veteran Bruce Bales as CEO for the region back in February and has already made some smaller acquisitions here in the form of Impact Mobile, a provider of end-to-end mobile engagement solutions and Express Pigeon, a US-based email marketing platform provider. Its North American push has also built up a diverse roster of clients including the U.S. Department of Education, Starbucks, Avis/Budget Group, Southwest Airlines, AT&T and Sprint. 3C will now provide direct SMS short code connectivity to all major US and Canadian carriers, something very difficult to achieve organically.

The potential of the North American market is clear, not only does it have the largest market opportunity for its cloud communications suite but there is also no real dominant market leader, so remains very much all to play for. In the year to 31stDecember 2018, the core services of 3C generated revenues of $24.2m and a gross profit of $15.7m. 3C is expected to be EBITDA break-even in 2019.

We have seen IMImobile deliver strong growth over recent months. This acquisition is a deepening of its exposure to the North American market and further evidence that the future performance of the group will be closely linked to its ability to deliver there.

[ali47fish] 17/7/2019 07:20

blackrok invests 5pc

[harry rags] 15/7/2019 17:33

Looks like GHS have sold their shareholding however I am sure we will get a RNS in the morning Harry

[rivaldo] 09/7/2019 11:08

Nice review on Techmarketview:



"Tuesday 09 July 2019
IMImobile delivers Vauxhall win

More good news from cloud communications software provider IMImobile with vehicle manufacturer Vauxhall choosing the firm to launch Apple Business Chat. Vauxhall will use the solution to provide customer support and book test drives for new models.

We have seen lots of positive stuff coming out of IMImobile over the last year or as the company extended its portfolio and geographic reach (see here), translating into strong growth evidenced in last week’s full year results.

One of the main drivers has been strong demand for customer experience (CX) propositions that help organisations consolidate customer communications and deploy a consistent comms strategy across channels and platforms. And it’s here that car manufacturers are increasingly competing around the quality of their CX as they look to differentiate their offer and make their brands ‘stickier’. The Vauxhall win is a good example of this and will allow customers who are Apple device users to communicate directly with the business via the Apple Messages app no longer needing to call a contact centre - all very Millennial friendly.

With products like this that address and automate comms and CX, IMImobile is operating in a growth area with an offer that customers want to buy."

[rivaldo] 09/7/2019 07:05

Good news today, with Vauxhall Motors using IMO's platform to launch Apple Business Chat for its customers:



"Vauxhall launches Apple Business Chat with IMImobile

Car manufacturer to use Apple Business Chat to provide customer support and book test drives for new car models

IMImobile (AIM: IMO), the global cloud communications software and solutions provider, today announces that one of the UK's largest car manufacturers, Vauxhall Motors, is using Apple Business Chat via its enterprise communications platform to connect with their customers. Apple Business Chat provides a new way for users to communicate directly with businesses using the Messages app on iPhone, iPad, Mac and Apple Watch.

etc"

[chasbas] 03/7/2019 11:34

hxxps://investors.imimobile.com/assets/downloads/imimobileplc-preliminary-results-presentation_fy19.pdf
Impressive slide presentation on website. Market cap only £217m.
IMO this company is just too cheap given its GLOBAL prospects, market position and tail wind. OK there wasn't much new news yesterday but near term prospects for growth, earnings and cashflow look excellent.

[rivaldo] 02/7/2019 08:30

N+1 Singer initiate coverage this morning with a 420p valuation:

"Transforming the customer journey

IMImobile is a leading end-to-end Communications Platform as a Service (CPaaS) provider targeted at Enterprises globally. The group focuses on the automation and improvement of end-user engagement, improving customer experience (CX) and reducing costs. The group is well positioned to benefit from structural growth trends in CPaaS, offering a differentiated and intuitive interactions management platform, and we initiate coverage forecasting 10% gross profit and 9% EPS growth for FY’20E.

FY’19 results confirmed strong organic gross profit growth in core markets (16% y/y), and with well flagged headwinds now clearing, we see high potential for group underlying growth acceleration. An intrinsic value of 420p/share offers strong upside potential for investors."

[rivaldo] 02/7/2019 07:31

Excellent results, and a very, very confident outlook.

16.7p adjusted EPS is up 33% on last year, so this year we should be looking at 21p+ EPS with similar growth.

The outlook is great and highlights the forward visibility and market leadership:

"The Group is at a very exciting stage of development with technology developments creating momentum in the customer communications sector for more automation and use of digital channels. We are ideally placed to capitalise on this momentum and we believe there is no clear category leader in this market and that, due to our leading position in the advanced UK market, we have an opportunity to play a leading role globally.

The financial year has started well with trading in line with expectations. We continue to have good earnings visibility due to our established client relationships and healthy pipeline of new deployments and high proportion of recurring customer revenues. We are confident in delivering continued organic growth across all parts of the business."

[ny boy] 02/7/2019 07:30

Good set of results, onwards & upwards!

[rivaldo] 20/6/2019 08:23

Cheers AISHAH, appreciated.

[aishah] 19/6/2019 10:30

I called the company and they say it's purely admin related. No specific change in circumstances which would require the market to be informed.

[ali47fish] 19/6/2019 10:21

i don't know what CIOs are and the rns does not explicitly say this why they need IMO platform to integrate their system- change of date for results release triggers a pullback! any comments please!