Kainos Share Discussion Threads

[someuwin] 16/4/2019 07:07

16 April 2019

Kainos Group plc

("Kainos" or "the Company")

Trading Update

Kainos Group plc, a leading provider of Digital Services and Platforms, today issues a trading update for the year ended 31 March 2019. Trading in the period has continued in line with market expectations, as updated following the trading statement dated 4 February 2019 and the Company remains well positioned in its core markets, underpinned by a strong sales performance.

Growth in Digital Services has been strong, driven by both Digital Transformation and Workday Services, and with continued momentum across government, commercial and healthcare clients. The international client base has also continued to expand, supported by the Group's broadened European and North American footprint.

Digital Platforms has performed in line with expectations, mainly driven by the Kainos Smart platform, where we have continued to acquire new national and international clients.

Recruitment remains strong, with the total number of employees and contractors worldwide at the end of March 2019 at 1,470, an increase of 301 people since 1 April 2018.

Kainos has a robust balance sheet with no debt and strong cash generation.

Kainos will announce results for the year ended 31 March 2019 on Tuesday 28 May 2019.

[someuwin] 15/4/2019 13:04

They have the ability, and the scale to keep growing at double digits for many, many years to come.

"Kainos Group plc is a leading high-growth provider of digital services and platforms to public and private organisations around the globe."

[irishlass2] 12/4/2019 10:59

Just bought another 1768.

[actybod] 12/4/2019 08:15

Waiting for pullback ! To top up !!

[devonwood] 11/4/2019 08:59

PE is 32.5
How to justify this?
Go figure.

[someuwin] 11/4/2019 08:29

Keeps on hitting new highs.

[someuwin] 05/3/2019 12:06

Kainos‏ @KainosSoftware · 7m7 minutes ago

Kainos shortlisted in not one, not two, but THREE @DigitalDNAHQ Awards categories 🎉 Read the full story here: …

[m4ybe] 01/3/2019 18:10

As 'leading European partner for Workday' KNOS is profitable, while WDAY itself has just reported continuing 35% annual growth while spending a little faster than it's growing. So KNOS could be a better way to benefit from the growth in Workday itself.

[someuwin] 01/3/2019 10:55

Missed the holding RNS on Monday.

Standard Life increased to 10.25%.

[someuwin] 22/2/2019 11:27

...Interesting.

[insideryou] 22/2/2019 09:45

Over a million shares bought at 500 today?

[insideryou] 21/2/2019 13:35

180000 buy reported... Interesting

[insideryou] 21/2/2019 13:06

Agreed. Quality.

[someuwin] 21/2/2019 12:41

Quality company.

[insideryou] 19/2/2019 16:32

Something brewing... The naked trader bought a while back. His record is impressive.

[bellymonster] 04/2/2019 07:08

Nice upbeat trading statement this morning. Earnings to be ahead of market expectations.

[ali47fish] 15/1/2019 14:33

why should NT sell since there are no negative news

[mandyw] 15/1/2019 14:10

There seems to be no logic behind the fall other than perhaps a tree shake for whatever reason. Maybe NT has sold and word has got around the brokers.

[tim1478] 15/1/2019 13:28

Quite a fall. Is this a tree shake or something more significant?

[someuwin] 08/1/2019 10:21

One of the main thrusts of UK governments 10 year NHS plan announced yesterday, was tech based. KNOS will be a big beneficiary - imo.

[someuwin] 07/1/2019 10:08

Kainos‏ @KainosSoftware · 26 minutes ago

We've been working with @HM_Passport building an online service allowing people to apply for a first time passport. Find out more here #KDS #DigitalDelivered

[johnsoho] 26/11/2018 09:33

And more info from the trading update;


-- Digital Platforms showing progress against key milestones.
- Revenue growth of 13% to GBP9.9 million (H1 2018: GBP8.7 million).
- 139 customers on Kainos Smart (H1 2018: 103).
- Research and development expenditure of GBP2.2 million expensed (H1 2018: GBP2.6 million).
-- A total of 1,324 people in Kainos (H1 2018: 1,019) up 30%, with on-going recruitment activity.


-- Customer approval of Group services rated as 'good' or better by 90% of customers.(3)
-- Highly cash generative, strong underlying cash conversion and period-end cash of GBP38.8 million.

(1) Adjusted measures are based on reported statutory profit numbers excluding the effect of share-based payments and related costs. Reconciliations between the reported and adjusted measures are included in the Financial Review.

2 The value of contracted revenue that has yet to be recognised.

3 Data collected from regular feedback surveys conducted with sub-set of Kainos customers over the course of the period.

Brendan Mooney, CEO, commented:

"An exceptionally strong six month performance means that we are well on the way to achieving a ninth consecutive year of growth - in terms of our people, customers, revenue and adjusted pre-tax profit.

Our Digital Services division continues to experience strong momentum, fuelled by demand from existing and new customers, both locally and internationally.

We continue to deliver major transformation programmes across UK government and for our commercial clients, where demand in the UK has resulted in the opening of new office locations in Birmingham and London.

To support the continued expansion with our Workday-related business, in Europe we continue to grow from our recently established offices in Frankfurt and Copenhagen, alongside our existing offices in Amsterdam and Gdansk. In North America we continue to expand our presence in Boston and Atlanta and we will open an office in Toronto in the next few weeks.

Our Digital Platforms division continues to make progress against key milestones. Smart, our market-leading Software as a Service (SaaS) platform for automated testing of the Workday suite continues to add global brands as customers, with over 130 international organisations now on the platform. In Evolve we continue to help our NHS customers maximise their use of Evolve, against a backdrop of a challenging funding environment for Acute Trusts.

We remain focused on providing exceptional careers for our staff and exceptional digital products and services for our customers. The Group's pipeline of prospects continues to strengthen across all divisions and the Board believes that the Group is well-positioned for growth both in the short-term and in the coming years

[johnsoho] 26/11/2018 09:30

Truly SUPURB six months results.

UK Regulatory (RNS & others)


TIDMKNOS

RNS Number : 4048I

Kainos Group plc

26 November 2018

26 November 2018

Kainos Group plc

("Kainos" or the "Group")

Interim results for the six months ended 30 September 2018

Kainos Group plc (LSE: KNOS), a leading UK-based provider of IT, consulting and software solutions announces its results for the six months ended 30 September 2018.

FINANCIAL HIGHLIGHTS



H1 2019 H1 2018 Change
Revenue GBP67.2m GBP41.4m 62%
Adjusted pre-tax profit(1) GBP10.1m GBP7.1m 42%
Profit before tax GBP8.7m GBP6.8m 28%
Cash GBP38.8m GBP27.3m 42%
Sales orders GBP90.2m GBP63.4m 42%
SaaS sales orders GBP6.4m GBP5.3m 21%
Backlog(2) GBP125.6m GBP97.1m 29%
Adjusted diluted earnings per
share(1) 6.6p 4.9p 35%
Diluted earnings per share 5.7p 4.6p 24%
Proposed interim dividend 2.8p 2.0p 40%
OPERATIONAL HIGHLIGHTS


-- Performance in line with upgraded market expectations, with on-going momentum.
- Revenue growth of 62% to GBP67.2 million (H1 2018: GBP41.4 million).
- Adjusted pre-tax profit increased 42% to GBP10.1m (H1 2018: GBP7.1 million).
- Sales orders up 42% to GBP90.2 million (H1 2018: GBP63.4m million).
- Contracted backlog growth of 29% to GBP125.6 million (H1 2018: GBP97.1 million).
-- Revenue diversification continues, across a series of sectors.
- Commercial revenues up 30% to GBP17.6 million (H1 2018: GBP13.6 million).
- International revenues up 28% to GBP12.8 million (H1 2018: GBP10.0 million).
- Healthcare revenues up 67% to GBP11.0 million (H1 2018: GBP6.6 million).
- SaaS and software-related revenues up 13% to GBP9.9 million (H1 2018: GBP8.7 million).
-- Very strong growth in Digital Services driven by new and existing customer demand.
- Revenue growth of 75% to GBP57.3 million (H1 2018: GBP32.7 million).
- Significant on-going engagements in UK government's digital transformation programme.
- Further strengthening of position within Europe as leading boutique Workday partner, with 33 new deals signed (H1 2018: 16); building presence in North America.

[ali47fish] 05/11/2018 08:40

js what has this got to do with knos

[jsmith32] 03/11/2018 16:09

On the point below, Warren Buffet just bought back 928 million dollars of stock... https://www.google.co.uk/amp/amp.timeinc.net/fortune/2018/11/03/berkshire-hathaway-buys-back-stock