piw
26 Nov 2019
Video: IMImobile H1 results overview for period to 30.9.19 IMO IMImobile H1 overview by CEO, Jay Patel. piworld.co.uk IMImobile (IMO) H1 results November 2019 IMImobile CEO Jay Patel presents the Group's half year results to 30th September 2019 Introduction - 00:20 Market drivers - 00:45 Financial highlights - 01:32 Rev +24%; adj ebitda +27%; adj EPS +5%. Strong period of client wins. Various new launches. Milestone stategic acquisition of 3Cinteractive. Outlook in line with expectations.
gretel
13 May 2018
Great new 10 minute interview with the CEO - all sorts of reasons for confidence here, including AI and automation, recurring revenues, GDPR, blue chip client list growth potential etc etc....[link] ‘at the centre’ of how businesses communicate with their customers14:58 11 May 2018Jay Patel, chief executive of IMImobile PLC (LON:IMO), tells Proactive they work with some of the largest telcos and banks helping them service their customers through the use of mobile and digital technologies.Patel says their cloud software platform manages more than 22 billion messages and 42 billion commerce transactions a year around the world.''In all our core markets we have an ability to grow quite well over the coming year''.''The way we communicate today is very different to what we did five years ago .... what's going to happen in the next five years is that businesses are also going to communicate with you in a different way and we're at centre of that''.''We've got a multi-year journey ahead of us ...and the addressable market is large'', Patel says."
gretel
25 Apr 2018
New tip for IMO [link] performanceThe growth company in question is cloud communications software and solutions provider IMImobile (LSE:IMO). The company’s trading update for the year to 31 March showed a rise in organic revenue of 45%, which was ahead of expectations. This helped to deliver a year-on-year gross profit increase of over 17%, with net profit being in line with expectations after the anticipated investment in various growth initiatives.The company’s recent acquisitions appear to provide the potential for a move into new markets. There has also been further progress in cross-selling opportunities, while ongoing product innovation and the development of intellectual property could have a positive impact on the company’s long-term outlook.With IMImobile forecast to generate growth in earnings of 22% in the current year, it appears to have a strong outlook. Despite this, it trades on a price-to-earnings growth (PEG) ratio of 1, which suggests that it may be undervalued by the market. This could mean that there is capital growth ahead for the stock, with what appears to be a solid strategy having the potential to generate rising profitability in future years."
gretel
24 Apr 2018
Re: Strong trading statement today Excellent summary just out from Techmarketview:[link] 24 April 2018IMIMobile updates on a year of progressIMIMobile’s Trading Update shows good progress, both tactically and strategically, as this cloud communications software and solutions provider drives revenue faster than market expectations, extends its portfolio and builds out into new market opportunities.The management indicate that the results for the year to March 2018 will show revenue up over 45% from last year’s level of £76.1m. Gross profits are estimated to have advanced by over 17%, with EBITDA and net profit in line with market expectations after significant corporate activity, additional investment in sales capabilities and additional product development.During the year, IMIMobile made further advances in the UK, where it already has a strong position with leading banks, telcos and utilities. The December 2017 acquisition of Healthcare Communications, with its customer base of 140 NHS Trusts has increased its public-sector presence significantly. Additional customer wins in the retail, logistics and utilities sector will also drive further growth in the company’s UK business. M&A has also stepped up the company’s US business with the purchase of the Sumotext messaging platform. Elsewhere, IMIMobile is enjoying strong growth in India due to its successful partnership with the Telenor Group as well as from its Enterprise and Textlocal businesses there.We should expect additional acquisitions to establish presence in new markets, enabling the deployment of the company’s broad messaging and customer journey transformation portfolio.This portfolio has been enhanced by the addition of an RCS (Rich Communications Service) capability and over the year has seen further progress in its chat and consent management solutions, the latter being particularly important as companies in Europe wrestle with the introduction GDPR and its new privacy requirements.IMIMobile has both a strong portfolio and market presence in an increasingly important niche within the “digital economy”. We can expect further strong progress during 2018."
gretel
24 Apr 2018
Re: Strong trading statement today Whitman Howard today reiterate their Buy recommendation, and will update their target price and forecasts later. Their comments on IMO's involvement in AI and automation are good to hear. Once the market eventually latches on to this things could get very interesting here...."Interestingly IMO continues to invest in its AI and automation capabilities with several current implementations for their IMIbot.ai product for companies in the utilities and retail sector. We see this as an interesting area of further growth and clearly this space is growing very fast and attracts very high multiples. We expect IMO to expand on their strength in this area at the full year results.We expect IMO to continue to offer an attractive combination of organic growth, earnings enhancing acquisitions, and new growth opportunities such as its expanding AI and automation capabilities. In addition we expect margins to move higher over time. We retain our BUY rating."
gretel
24 Apr 2018
Strong trading statement today Excellent year end trading statement - turnover up 45% and ahead of expectations, with PAT in line given the high investment going on:[link] are now "the UK market leader for digital and mobile interactions across major industry verticals".GDPR should be a growth driver this year, as IMO:"also introduced a Consent Management solution to help clients comply with the new General Data Protection Regulation (GDPR) with the first implementation of the solution delivered during the year to 31 March 2018".The outlook is very bullish, also signalling the likelihood of more acquisitions:"The Board continues to see exciting opportunities to play a leading role in the continued consolidation of this exciting and rapidly evolving market.Jay Patel, Chief Executive of IMImobile PLC, commented:"We have successfully built high quality software products that are well positioned to help our clients meet the challenges of digital transformation. The Group has now established its reputation for strong cash generation and year-on-year progress and we expect growth from all our divisions and geographies in the coming year. The acquisitions we have made have performed well and, adopting a similar, selective approach, we see further exciting opportunities to take a leading role in the consolidation of this sector."
frusset
19 Apr 2018
Does anyone know the client concentration? For example, if any client accounts for 10% of IMO's revenue. I couldn't find anything about it in the recent results presentation or the annual report for the year ended 31st March 2017.BTW I bought some IMO earlier this week. not much but I'll consider adding on a pullback.
gretel
08 Apr 2018
Tipped in today's Mail on Sunday IMO are the main tip in today's Daily Mail.....they've been discovered at last 
))[link] SHARE TIPS: IMImobile is a fast-growing company that specialises in helping businesses deliver useful information to their customers in a range of highly effective waysJoanne Hart, Financial Mail on Sunday Published: 21:50, 7 April 2018"Conclusion:"The group has been expanding both organically and through acquisitions, and has been investing in research and technology too. So, although the balance sheet is strong, dividends have not been on the agenda to date. That should change over the next few years, as the group becomes increasingly profitable.Growth is expected to come from winning new clients, gaining more business from existing customers and strategic acquisitions.Mobile phones are an intrinsic part of daily life not just for consumers in developed economies but all over the world. IMI helps businesses to benefit from this, using technology to connect businesses with their customers easily and effectively. This trend is likely only to increase over the coming years.A trading statement will be issued in mid-April, providing guidance for the year to March 31, 2018. It is expected to provide evidence of continued progress.Midas verdict: IMImobile shares are 267p and have done well recently, but they should continue to deliver strong growth. Buy and hold."
gretel
05 Apr 2018
RNS: Liontrust are buying and have increased nicely to 14.34%, or 8.9m shares:[link]
gretel
03 Apr 2018
Great article about IMO on Sharetalk Moving up to further new highs today.I've just found this long article about IMO on Sharetalk from only 3 weeks ago - excellent stuff and well worth reading: [link] journey is by no means complete for IMI. Following the successes above the IMI share price has re-rated from c.6x to c.11x EBITDA but remains at a significant discount to its international peer group which averages 15x.[1] Furthermore, the prospect for accelerating growth is promising, with strategic partnerships and recent acquisitions all providing potential for meaningful earnings enhancements. Recent investment into the US market opens another possibility. IMI’s exposure to many of the key trends in digital; automation, digitisation, Artificial Intelligence and cloud based software offer a growing list of potential growth opportunities. We believe the business could use its cash on the balance sheet and ongoing cash generation to make further opportunistic, value adding acquisitions as well as demonstrating its financial discipline and shareholder focused approach to provide shareholders a modest, but growing dividend. We expect the company to continue investing into organic growth opportunities, including targeting the US market through partnerships.Both Gresham House and IMI believe this leaves the company well placed to continue its share price growth and to reach a midcap size over the next 2.5 years as per our 5-year investment thesis. IMI Mobile remains the largest holding in the Gresham House Strategic plc portfolio and is a statement of our conviction in the growth story going forward."
gretel
03 Apr 2018
New highs now But keep it quiet ))
gretel
12 Mar 2018
Another product launch: mVideo More good news:[link] SA launches mVideoMar 8, 2018 IMImobile SA has announced the launch of mVideo, a high-resolution mobile video delivery solution available across South Africa.mVideo allows mobile marketing and enterprise customers to streamline the creation and delivery of high-resolution video content across multiple communication and media channels, such as email (as attachments or a link to a cloud-hosted video), social media (Facebook, Instagram and Twitter), YouTube, and mobile app.The announcement follows the recent GSMA Mobile World Congress in Barcelona, Spain, where the demand for video delivery was identified as one of the key mobile trends. As video technology continues to evolve, video-based content is increasingly consumed across all regions and use cases, it is predicted that video will account for around 75% of mobile traffic worldwide by 2023.“With smartphones able to access and stream full-length HD videos in seconds, the media, marketing and broadcast industries need a viable way of delivering high-quality video content optimised for the diverse range of devices and channels. As a result, traditional video delivery formats such as MMS (Multimedia Messaging Service) simply cannot deliver the video experience customers desire.” says Devon Meerholz, chief creative officer at IMImobile SA.IMImobile’s SA customers use videos for in-store screen experiences, social media promotions, as well as the personalised distribution of video-based itemised bills and bank statements. With mVideo, a multi-channel video campaign starts life as a full-motion video which is then selectively compressed down for every device and distribution channel. All full-motion videos are produced in-house by IMImobile’s own Creative Studio that is solely focused on optimising video content for mobile and digital distribution channels.“The advantage of our approach is that we can supply our customers with multiple versions of the same video, with each video optimised for a different marketing channel or platform,” says Meerholz. “It’s been predicted that mobile users will spend 36 minutes daily watching videos on their smartphones in 2018, so mVideo is sure to hit clients’ sweet spots this year.”IMImobile is a cloud communications software and solutions provider that enables companies to use digital technologies to communicate and engage with their customers. The company has helped to developed industry best practices by delivering country-specific mobile initiatives from mobile bank statements in South Africa to personalised marketing videos in the US."
gretel
07 Mar 2018
New product launch Good news today:[link] launches RCS Business Messaging in its customer journey automation platform IMIconnnectThe GSMA estimates that by Q1 2019 there will be c. 1.05 billion monthly active users, served by over 200 mobile operators.London, 7th March, 2018 - Cloud communications software and solutions provider IMImobile, today announced support for RCS Business Messaging (Rich Communications Services) in its IMIconnect platform. Enterprise businesses can now launch RCS messaging services alongside 10+ other mobile and digital communication channels, including SMS, Push Messaging, Email, and Facebook Messenger, that are available out-of-the-box in IMIconnect.Over the last 12 months IMImobile has been working closely with ecosystem partners like the GSMA, Google and Vodafone UK to drive the adoption of RCS. With recent announcements of RCS Business Messaging initiatives at the Mobile World Congress in Barcelona last week, IMImobile was pleased to showcase innovative RCS use cases of its customers including Barclays, British Gas, Foxtons and Pizza Hut Delivery at GSMA Innovation City.IMImobile believes the adoption of RCS will further enhance messaging interactions between consumers and businesses in years to come, enabling a natural evolution of today's SMS experience. According to the GSMA, consumers are overwhelmingly excited about what RCS has to offer; nearly 80% of consumers find RCS appealing and over 70% say RCS would make them more likely to want to communicate with a brand.* Sudarshan Dharmapuri, SVP Product Management said, "We are excited to make RCS Business Messaging available in IMIconnect. This allows enterprises to use IMIconnect to build, prototype and deploy RCS journeys within days using our low-code tools. The successful deployment of RCS journeys requires customer interactions to be orchestrated across existing backend systems. IMIconnect is specifically designed and developed to enable end-to-end automation of customer journeys."Businesses interested in building RCS messaging experiences can sign up for IMIconnect. Users will then be able to access a 'drag & drop' workflow builder that allows the quick and easy configuration of RCS messaging journeys, including verified branding elements, rich media, image carousels, customised action buttons and replies. More importantly, any RCS services can easily be integrated with CRM, marketing and customer service systems to allow the fulfilment of RCS customer journeys across existing business processes."
gretel
05 Mar 2018
Indian mobile governance contract IMO are noted here as advising/providing technical support to the Indian state of Telangana (which includes Hyderabad) on moving to mobile governance - ambitious stuff:[link] soon to make all govt. services on mobile platform The government is going to bring out a law to ensure that all its services are available through mobile and in the near future, citizens can expect land registrations, revenue records and the likes to be available in the format, said IT Secretary Jayesh Ranjan on Wednesday.“The day is not far when all services will be provided through the mobile thus providing governance in citizens hands,” he said at the launch of the T App Folio by IT and Municipal Administration Minister K.T. Rama Rao. Right from today by downloading the app, citizens can avail up to 150 services of the GHMC, RTA, Police and T-Wallet and within a year another 1000 services will be added to it, said Meeseva and Electronics Service Delivery (ESD) Commissioner G.T. Venkateswara Rao.etc"
gretel
01 Mar 2018
Re: IMO to showcase RCS messaging More coverage here:[link] customers to demo RCS solutions at MWCTuesday 27 February 2018 | 17:20 CET | NewsIMImobile will showcase and demonstrate Rich Communications Services (RCS) cases of some of its UK enterprise customers at Mobile World Congress (MWC) in Barcelona. RCS is seen as the successor to SMS in the coming years and supports more interactive features such as hot buttons, media sharing and rich graphics cards.IMImobile enterprise customers, including British Gas, Barclays, real estate agency Foxtons and Pizza Hut Delivery, will showcase their RCS experiences at the GSMA Innovation City at MWC. These demonstrations will include mobile banking customer care for Barclays, pizza ordering and delivery for Pizza Hut, and engineer booking and reschedules for British Gas. IMImobile is working with partners including the GSMA, Vodafone and Google to drive awareness and adoption of RCS business messaging in the UK market."
