Batm Advanced Communications (BVC)

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Batm Advanced Communications BVC Logo

A leading provider of real-time technologies for networking solutions and medical laboratory systems.

19-Feb-2018 – 24.5p – £98.8m – PER 340.3

Trading Update For The 12 Months To End December 2017 – Expected to be ahead of market expectations. Revenue of $106m (up 17%), EBITDA of $7m (benefit of $5.6m from property sale) versus $2.8m last time.

I am just not interested here for a number of reasons including location, no real profit update and the reliance, it seems, on property sales for profits!

5-Mar-2018 – 26p – £104.8m – PER 358.1

Results For The 12 Months To End December 2017 – Revenue up 18.5% to $107.1m (2016: $90.4m), EPS is positive at 0.06¢ (2016: 0.27¢ loss per share).

The CEO describes this as a “turnaround year” (I guess on the basis EPS is positive for the first time) and says they are entering 2018 in a stronger position than last year. There’s not enough here for me at present.

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