Itim Share Discussion Threads

[z1co] 25/9/2024 21:33

Looks like 2024 will be the best year of trading since the company was admitted on the AIM in 2021 at £1.54.

Share price will be very strong over the final months of 2024 now that the CEO has said that trading will be AHEAD OF EXPECTATIONS.

[z1co] 25/9/2024 21:25

Delayed BUY of 15,000 @ 46.99p reported after the close.

[hawkman_always_returns] 25/9/2024 15:48

Buy on rumour, sell on new.

profit taking will happen back to sub 30p

[hawkman_always_returns] 25/9/2024 15:47

Careful a bunch of lowlife losers following each other

[z1co] 25/9/2024 08:48

In July the company also won a a five-year multi-million-pound contract with Assaí Atacadista ("Assaí"), the largest Brazilian wholesaler, with more than 300 stores.

In 2023, Assaí reported turnover of approximately $13 billion and currently has a market capitalisation of $2.5 billion.

Itim's UNIFY Price and Promotions Optimisation platform powered by Profimetrics AI is now being used by 20 retailers globally and by 6 of the top 10 Brazilian retailers, underlying its capability of adding retail value.

[z1co] 25/9/2024 08:39

STOCK WATCH article:

Retail software provider Itim raised its outlook following a strong first half.

The company, which won a contract with the fashion firm Quiz in February, now expects to beat the £17million of revenue and £1million profit analysts had forecast. The improved outlook came after sales rose 19 per cent to £8.8million in the first half of 2024.

Itim also swung back into a £1.2million profit having made a £200,000 loss the year before.

Shares soared 18.6 per cent, or 6.5p, to 41.5p.

[z1co] 24/9/2024 15:24

Alliance News 24 September 2024 | 9:36AM

Itim Group PLC, up 19% at 41.5p, 12-month range 18p-46p. Says revenue improves 19% to GBP8.8 million in the first half of 2024, from GBP7.4 million the year before. This was "driven by both new contract wins and higher levels of service revenue". Pretax loss narrows to GBP73,000 from a GBP1.1 million loss. Earnings before interest, tax, depreciation & amortisation total GBP1.2 million, swinging from a GBP197,000 loss. CEO Ali Athar says results "demonstrate measurable progress across key metrics". Company says it expects full-year results ahead of current market expectations; Athar says this is "a consequence of the positive momentum, including new contract wins, in addition to encouraging trading since the beginning of H2".

[z1co] 24/9/2024 08:28

Very difficult to buy in size , currently can't even buy 1000 shares @ 45p

[z1co] 24/9/2024 08:12

Admitted on the AIM in June 2021 at £1.54!

[z1co] 24/9/2024 07:49

Excellent outlook for H2.

[z1co] 24/9/2024 07:47

!FOLLOWFEED


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Admission document:



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24/09/2024:

Ali Athar, CEO of itim, commented: "I am pleased to report that itim is gaining significant traction in the market. Our half-year results demonstrate measurable progress across key metrics and we are delighted to report a significant increase in revenue, a positive EBITDA return and a strong cash position.

"As a consequence of the positive momentum, including new contract wins, in addition to encouraging trading since the beginning of H2, the Board anticipates delivering full year results ahead of current market expectations."



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[babbler] 29/2/2024 07:25

Results ahead of expectations. Seems this "dog" is turning things around fast....

[imjustdandy] 27/2/2024 17:15

At least we now off the lows

[stallone10] 27/2/2024 10:26

So it has an AI element

[wjccghcc] 27/2/2024 10:16

Although it is over 5 years and they're currently losing 1.3mm per year so they'll need a few more of these to get to profitability.

[imjustdandy] 27/2/2024 10:08

Sure fire Multi bagger - been under the radar for yonks. This is a v big contract today

[ga_dti] 04/7/2023 06:38

Latest CEO interview with Ali Athar discussing AI and its effect on businesses -

[pugugly] 14/4/2023 06:41

Full year results - At first glance a disaster -

[rgmgo] 14/4/2022 09:31

Pleasing trading update and share price response. 2023 forecasts still represent a stretch target but company seems to be making progress across a number of retail segments and in different geographies. This is all about continued execution but the change in sentiment over recent days is welcome.

[ga_dti] 09/2/2022 10:58

Latest interview with CEO Ali Athar discussing what the company does, improving financial performance and what investors can expect from itim in 2022: