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 default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

IQG Iqgeo Group Plc

470.00
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Iqgeo Group Plc IQG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 470.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
470.00 470.00 470.00 470.00 470.00
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Iqgeo IQG Dividends History

No dividends issued between 27 Jul 2014 and 27 Jul 2024

Top Dividend Posts

Top Posts
Posted at 17/6/2024 09:59 by w13ken
Cheers pf. you too. This has been my best year for a long time so far where in addition to my largest holding IQG's rise of 49% I have Molten Venture (GROW) +47%, Kitwave (KITW) +35% and Warpaint (W7L) +54%.

Overall ISA rise is 26% YTD so would be happy if I end up with that figure. Disappointments include Sosandar (SOS) -25% where I just cautiously optimistic. My new favourite investment - where I've started to put IQG money - is Keller Group (KLR), the global leaders in ground-levelling for large construction projects. I've been accumulating that quickly so it's up to #4 in my portfolio
Posted at 23/5/2024 17:31 by p1nkfish
Makes no difference SG, it's done unless there are enough voting against or a much better offer arrives to sway heads.

Credit to KKR, they are some of the smartest people in the room, they can see the potential and "get it".

A raise by IQG would have temporarily dented the net worth of a few individuals whereas a change of ownership, whilst maintaining their jobs, is a very useful liquidity event to them.

The incentives are understandable.
The outcome a done deal.
That doesn't mean I can't whinge if I want to.
Posted at 22/5/2024 17:27 by p1nkfish
Make if it what you will but not all of these are irrevocable and there's > 40% not included. Management may have to get out there to sell the deal to a few more before it's in the bag. TBD.

"Therefore, the total number of IQG Shares which are subject to either irrevocable undertakings or non-binding letters of intent in relation to IQG Shares is 35,548,984, representing approximately 57.52 per cent. of the issued ordinary share capital of IQG as at close of business on 17 May 2024 (being the last business day prior to the date of this announcement)."
Posted at 21/5/2024 09:37 by w13ken
All good points pf. I'll repeat my earlier point: Would you consider leaving IQG money in the pot for conversion to TopCo shares? It's a bit of a shot in the dark and you'd have to sell the rest at nearer 470 than 480 but it would give a share of IQGeo's future success.
Posted at 16/5/2024 23:05 by w13ken
You've unquestionably been the most valuable and conscientious poster on IQGeo matters pf so many thanks for your contributions here over the years. It's not quite the full story that we hoped for but it's still been an excellent result for long-term holders. I hope to cross paths with you again on other forums.

I don't suppose many, if any, would bother to leave IQG money in the pot for conversion to TopCo shares with their lack of liquidity and uncertainty so it's time to move on, with or without the wait for 480p. I'll share info on the rest of my portfolio soon and I'd be interested to hear more on ideas from others who were smart enough to be IQGeo investors.
Posted at 15/5/2024 09:45 by red ninja
Investor's Champion pay for tip website comment :-




Stonking Small Cap under offer
IQGeo (AIM:IQG), the provider of geospatial software solutions to telecommunication and utility operators and one of our Stonking Small Cap opportunities has received a takeover offer from funds managed by KKR. This is the second time in the last few months that the private equity giant has swooped on an AIM company in the utility sector, having recently acquired Smart Metering Systems for £1.3 billion.

The cash offer of 480 pence per share values IQG at approximately £333m, a modest 19% premium to the prior day’s closing price, although the shares have been on a decent run.

It will be a shame for AIM to lose another innovative growth company like this.

Shareholders with a combined 58.2% position have already indicated their support for the deal which therefore seems likely to go through.
Posted at 24/4/2024 08:42 by w13ken
I saw the fastest growing list (IQGeo #90) and noticed it was based on pretty old results. We can expect a higher position next year.

I hadn't seen the Small Cap awards though so good spot pf. Interesting, and it has a prestigious panel. IQGeo are up for Technology of the Year and Company of the Year. My odds are good on the letter category as I own shares in 3 of the 5 nominees: IQGeo, Kitwave & Warpaint 😀.

All are having a storming year:
IQG: +33%
KITW: +37%
W7L: +29%

I expect Warpaint would be a better bet for Company of the Year but hope IQGeo win the Tech award
Posted at 08/2/2024 15:43 by metis20
Cambridge, 8 February 2024 - IQGeo (AIM: IQG), a developer of geospatial software that is “Building better networks” for telecom and utility operators, today announced that it has extended the industry-leading fiber management capabilities of its Network Manager Telecom product to also support copper and coaxial networks.

This marks a significant change for telecom operators with mixed technology infrastructures, as they can now simplify their system landscape to a single management platform and replace their legacy system of record.

“We’re incredibly excited about the continued flexibility we’re delivering for telecom operators,” says Richard Petti, CEO for IQGeo. “We’ve consistently learned from fiber operators that IQGeo’s biggest value is offering a shared platform to manage their lifecycle, from planning, design and construction to operations, sales and marketing. With this new release, we now provide one platform for all technology infrastructure used by telecom networks.”

The latest version of Network Manager Telecom adds new data models for copper and coaxial networks to the existing fiber model, with the ability to document and manage all associated equipment. This is just part of the most recent enhancements of IQGeo’s flexible and comprehensive network management features, which include industry-best field mobility, documenting outside and inside plant inventory, dynamic network schematics, seamless data imports and exports, and labor cost management.

“As with any IQGeo product release, we’ve gone a step further than introducing new network models,” adds Petti. “We’ve also introduced new workflow functionality, such as line of count support for mixed architecture networks and intuitive views of cable-to-equipment relationships.”;

“This is simply the latest step in giving our customers the flexibility they need to manage complex network deployments and operations, which is helping them accelerate their time to value and maximize return on investment.”
Posted at 08/1/2024 10:18 by w13ken
Another big contract win for IQGeo Group today. When you line up the last few months then things are looking very good for the future.

Jan 24: $2.5m Top 10 US Telecom (new)
Dec 23: $5.4m Tier 1 US Telecom (extension)
Dec 23: $3m Tier 1 US Telecom (new)
Sep 23: €8.6m Tier 1 European Broadband operator (new)
Sep 23: $1.9m Top 5 Global Fibre operator (extension)

Cheers Phil for the mention. I post on Twitter/X about IQG probably more than anyone but to a modest bunch of followers. I always enter IQG in monthly and annual Stock challenges too so that's getting the name out in front of PIs.

I'm 1 of just 2 PIs (from 450) to select IQG in the stockchallenge.co.uk 2024 competition so it remains niche.
Posted at 16/7/2023 15:02 by red ninja
IQG continues to be covered by Investor's Champion which considers it a Stonking Small Cap. However, not sure if Investor's Champion is a big influenece. It tip is not really revealing any new to IQG followers.



Dated 12/7/23.

Second half of tip :-

Broker forecasts
For the year ending December 2023 revenue is forecast to climb 24% to £33.0m, adjusted EBITDA rise 220% to £6.1m and the Group register a maiden adjusted pre-tax profit of £3.5m. Forecast earnings per share of 5.0p result in a seemingly heady Price Earnings (‘PE) multiple of 60x or 4.2x forecast revenue. Forecast free cash flow of £5.5m equates to a free cash flow yield of 3% at the current market capitalisation of £183m (share price 298p - initially 213p).

Forecasts for the following year ending December 2024 are for revenue to continue its double digit rise to £38.0m, pre-tax profit of £5.7m and earnings of 7.5p per share.

Given recent newsflow covered below we anticipate upgrades.

Recent contract news
Since the acquisition of OSPInsight there has been a noticeable acceleration of material (£1m+) contract wins. These include contracts with several major Canadian telecoms network operators, a fibre network provider in Germany, electrical utilities in the US and Japan and a US telecom network operator.

The start of 2023 brought news of the extension of an existing relationship with a Global Top 5 telecom operator with a further software subscription value of US$4.2m (annual value US$1.5m) and US$0.5m of services.

This follow on contract demonstrates the expansion and upsell opportunities afforded by the integrated software suite. The software will streamline processes associated with the build out of fibre networks that were planned using IQGeo's fibre network planning and design software.

In February they announced a major new contract with NESIC in Japan to deliver a utility disaster assessment solution for Japanese public authorities. The £1.9m deal over 5 years includes IQGeo's software platform and mobile capabilities consisting of a £1.0m licence and associated support and maintenance.

IQGeo has a long-standing integration partnership with NESIC who has provided disaster assessment and emergency response solutions to some of Japan's largest electric utility operators. The new solution integrates a wide range of data streams and weather analytics into a single IQGeo geospatial dashboard for office based and mobile field crews. The solution enables public service authorities to effectively monitor and manage their disaster response activities during Japan's frequently severe typhoon, earthquake and tsunami incidents.

In April came the announcement that the OSPInsight fibre network management software has been selected by a rapidly growing large tier 1 telecom operator in the US to replace a competitor's solution. This is a significant contract for IQGeo's SMB software division (having a subscription value of US$500k over three years plus over $2.0m in professional services to be recognised in the Dec 2023 financial year), reflecting the success of this team in securing larger customers.

Operating in multiple markets across southern states, the operator has grown significantly through organic expansion and acquisition. With their existing ESRI-based mapping software unable to meet their increasingly complex requirements, they turned to IQGeo for an optimised fibre network management and workflow solution. The first phase of this project employs IQGeo's fibre industry experts to migrate network data from disparate systems into a single shared System of Record. This initial deployment has significant future expansion potential as the customer rolls out software to field teams and expands applications into planning, construction, and maintenance operations.

Most recent in July came news that an existing top 5 Japanese utility customer had signed a new subscription agreement to significantly expand its use of the IQGeo software for emergency response. The total software Annual Contracted Value for this customer will grow by approximately 100% to more than £1.1 million. IQG subsequently announced news of significant contracts with a tier 1 US telecom provider and one of Germany's leading broadband operators. The German customer contract has a total minimum Annual Contract Value of more than €2m over a 3-year period while the US customer signed a 3-year contract with a value of more than $2m.

Why is at a Stonking Small Cap
IQGeo addresses a very large and rapidly changing market, and more significantly one that would appear to be in dire need of its software.

Through a combination of organic growth, supported by niche acquisitions, the Group is growing very fast, with revenues up over 180% since 2020 and double-digit growth set to continue.

Once embedded in a client’s systems the ability to upsell other parts of the software suite seems clear, reflected in recent contract news.

While the rating, based on earnings, looks full in the current climate and IQG is only just moving into profitability, the excellent client retention rates and growing amount of recurring revenue provides plenty of visibility and assurance.

The contract with NESIC in Japan covered above, highlights its innovative nature and opportunity for growth into new adjacent markets.

The shares have nearly doubled over the past 12 months, on the back of plenty of positive contract news and upgrades. While a degree of profit taking might be expected in the short term, this one is proving hard to ignore.

Your Recent History

Delayed Upgrade Clock