Idox (IDOX)

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Idox IDOX Logo

A leading supplier of specialist information management solutions and services.

12-Dec-2017 – 56.13p – £229.2m – PER 11.1

Year End Update – The Company has identified a small number of revenue items that it does not consider should be recognised in the FY2017 results – Expects EBITDA for FY2017 to be circa £20m (compared to about £23m stated in November, and £21.5m in 2016).

A bit of a yo-yo share at the moment and something I will not be getting involved in for now.

19-Apr-2018 – 30.45p – £127.4m – PER 8.33

Trading Update For The 5 Months To End April 2018 – H1 expected to be well below the same period last year but confident of FY in-line with expectations – Yeah right!

I will not be getting involved here at present.

25-Jul-2018 – 35.8p – £148.5m – PER 11.0

Results For The 6 Months To End April 2018 – Bad results (consistent with the May 2018 Trading Update).

This is going on my Avoid list for now.

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