gretel
26 Feb 2018
IMO to showcase RCS messaging IMO's customer list in this new feature on RCS couldn't be more impressive:[link] Leading UK enterprises explore RCS with IMImobile at Mobile World Congress Paul Skeldon on 26 February 2018 Messaging & Engagement, News IMImobile will showcase and demo RCS messaging experiences of its UK customers – Barclays, British Gas, Foxtons and Pizza Hut Delivery – at the GSMA Innovation City at Mobile World Congress in Barcelona.IMImobile has been working in collaboration with a number of partners, including the GSMA, Google, Vodafone and its customers to drive the awareness and adoption of RCS business messaging in the UK market.As part of its role in helping to drive adoption of RCS, IMImobile will be presenting a selection of demo use cases of its UK enterprise customers at the GSMA Innovation City at Mobile World Congress. Located in Hall 4, the GSMA Innovation City will be showcasing an array of cutting edge products, software and technology, shaping the future of digital customer engagement.Covering a wide selection of industries and use cases, Mobile World Congress attendees can be taken through a number of RCS demos that we have developed in conjunction with our UK customers including: mobile banking customer care for Barclays; parcel tracking for a leading logistics delivery company; engineer booking and reschedules for British Gas; pizza ordering and delivery for Pizza Hut Delivery; and real estate agency Foxtons – all using RCS to deliver enhanced mobile customer experience.“We are excited about RCS business messaging as it allows enterprises to create a richer and more interactive experience with their consumers. The GSMA Mobile World Congress in Barcelona provides the perfect platform to showcase and demo the feature-rich capabilities of RCS to a wider audience and we look forward to working with the messaging industry ecosystem to drive the adoption of RCS in the coming months,” says Sudarshan Dharmapuri, Senior Vice President of Product Management at IMImobile.RCS forms part of the growing messaging industry ecosystem and is seen by many as the successor to SMS in coming years. Offering significant advantages over SMS and an impressive capability list, businesses can use file and media sharing, hot buttons, carousels, rich graphic cards, and other features to create more engaging brand messaging and conversational experiences for their customers.Businesses have so far expressed a great appetite for RCS as it can help transform verified mobile messaging experiences and drive more conversational customer interaction. This is where enterprises are looking to shift customer engagement strategies and service fulfilment to interactive two-way messaging channels. This is due to a shift in consumer behaviour, with recent research highlighting the demand and preference for conversational messaging-based experiences. A recent IMImobile survey across 1,000 UK consumers found that 50% preferred messaging based customer interaction, and that 68% of customers who contacted a business via a messaging channel preferred it to using voice or email based interaction."
gretel
05 Feb 2018
RNS: deal with KCOM Excellent news today - this may be an RNS-NON as there's no immediate financial value, but it's likely to provide very material revenues going forward:[link] Agreement with KCOMIMImobile, a cloud communications software and solutions provider, has signed a partnership agreement with KCOM - a leading provider of communications and IT services in the UK.IMImobile's omnichannel chat solution, IMIchat, will enable KCOM's contact centre clients to provide live two-way interactive messaging chats with customers across digital channels like SMS, Facebook Messenger, Twitter, and Webchat, alongside their existing voice channels. To support end-to-end customer experience and service automation, KCOM customers will also be able use IMIconnect, IMImobile's customer journey automation platform. KCOM chose IMImobile due to its market leading position in the digital customer interaction space as well as the ability to integrate digital communication channels into existing contact centre infrastructure. Jay Patel, Chief Executive of IMImobile, commented: "Contact centres are a key part of any customer engagement strategy as businesses are adapting to respond more effectively to the demands of the connected consumer. Through IMIchat and our communication orchestration layer, KCOM can further help UK enterprises to utilise digital communications channels in their service and support operations." Stu Smith, KCOM's Head of Innovation & Development, said: "Our guiding principle is to help our clients improve their customers' experiences and the integration of robust and secure social messaging is vital to that. working closely with IMImobile we can innovate solutions to meet the growing demand from end users who prefer to communicate with companies across multiple social channels." KCOM is a communications and IT provider for major organisations across the UK, including HM Revenue & Customs, NFU Mutual and BUPA."
hopetown
12 Dec 2017
Investors Chronicle (0ld news now) "IMImobile (IMO) has agreed to acquire Healthcare Communications, which provides appointment management and patient experience communications to the UK healthcare market. This will entail an initial consideration of £9m payable in cash upon completion, with a deferred consideration of up to £6m payable in cash or shares, based on performance over the next two years. The acquisition is being funded with existing cash and with a new £12m debt facility provided by Silicon Valley Bank. IMImobile says Healthcare Communications has an “established track record of profitable growth”, with three-year revenue and gross profit compound annual growth rates of 50 per cent and 54 per cent respectively. The acquisition is expected to be immediately earnings enhancing. The group’s shares were up about 2 per cent in morning trading. Buy."And IMO is the featured stock in the Mail's market report this morning:[link] WATCH - IMIMOBILEShares in Imimobile nudged up after it revealed it had acquired a healthcare communication rival for £15million.The company, which sends automated text messages on behalf of restaurants, delivery firms and hospitals, has snapped up Healthcare Communications. It said that the deal would enable it to provide communications services to 140 NHS organisations, and is expected to boost earnings this year."
gretel
07 Dec 2017
Re: RNS : big new acquisition The respected Techmarketview likes the acquisition and expects more good news to come:[link] Targets NHS Efficiency DriveThursday 07 December 2017IMImobile Targets NHS Efficiency DriveCloud communications software and services provider IMImobile is making a play for the NHS IT services market through the acquisition of UK patient communications specialist Healthcare Communications. The move is aimed at enhancing IMImobile’s public sector position through establishing a foothold in the £1.6b healthcare segment.The NHS has identified better use of digital patient communications as an important driver of efficiency savings as it works to close a £30b funding gap by 2020/21. The Department of Health estimates that missed hospital appointments cost the NHS around £750m a year. Healthcare Communications, which turned over £3.6m last year and provides services to 140 NHS trusts, has established technologies which address the “Did Not Attend” problem. IMImobile believes adding these capabilities to its products and solutions that will provide significant cross-sell and up-sell opportunities in the NHS IT services arena (read the latest UK Public Sector SITS Market Trends & Forecasts Report for further insight into the healthcare market).Under the terms of the deal, IMImobile will pay an initial consideration of £9.0m in cash on completion withh additional deferred payments of up to a maximum aggregate value of £6.0m, split over two years based on a mix of gross profit growth and EBITDA targets. The deferred consideration will be satisfied either in cash or shares. It is being funded from a mix of existing cash resources and a new £12.0m debt facility agreed with Silicon Valley Bank.This latest announcement comes hot on the heels of the purchase last month of US messaging provider Sumotext (see here). It also marks a continuation of a heavily acquisition led expansion strategy which has accounted for three quarters of the near 50% top-line growth achieved in its last financial year (see here). This business has grown consistently at double-digit rates while generating cash. There is every reason to expect that this rate of progress will continue."
gretel
07 Dec 2017
Re: RNS : big new acquisition After this acquisition Whitman Howard have retained their 260p target for the moment (saying Buy).They've increased next year's forecast EBITDA by £1m. They now forecast 14.4p EPS to March'19. The cash pile is an estimated £6.7m at 31/3/18.
gretel
07 Dec 2017
RNS : big new acquisition Large new acquisition - immediately earnings-enhancing this year. Plus 90% recurring revenues, and 50%+ CAGR growth.Sounds terrific![link]
gretel
01 Dec 2017
RNS: Canaccord buy a big chunk of IMO [link]
gretel
30 Nov 2017
RNS : Kestrel buying more shares RNS just out - confirmation that Kestrel must have bought a fair few of Toscafund's shares.Kestrel are up to 9% now with 5.525m shares - they often buy large stakes in companies, so hopefully they'll continue buying more shares:[link]
gretel
29 Nov 2017
Re: Tipped in today's Telegraph The share price has moved up very nicely now. With a massive 13.6m shares traded already today it looks like Toscafund are now completely out. Overhang cleared and ready to fly!
gretel
29 Nov 2017
Re: Tipped in today's Telegraph Managed to get the full Questor tip - 300p here we come 
))[link] three things can make a share price rise – and this stock has them all 29 November 2017 • 6:18am When a fast-growing company with a loyal customer base and no debt is cheaply valued, there’s usually a good reason. In the case of IMImobile, the Aim-listed software firm, the reason is likely to be the presence of a large and persistent seller on the shareholder register in the shape of Toscafund Asset Management.Tosca has been gradually reducing its stake in IMImobile. Its motivation seems to be more a matter of the management of its portfolios than any negative view of the stock itself, but the effect has been to put downward pressure on the share price.This, of course, presents an opportunity for other investors, as long as they are prepared to wait until Tosca’s selling is no longer perceived as a major drag on the price. Certainly the fundamentals of IMImobile seem strong. In the words of Tony Dalwood of Gresham House, the asset manager, which owns about 14pc of the company, it “embeds” its products in its customers’ operations.“IMImobile software carries out tasks such as sending the text messages that greet you when you land in a foreign country or the messages from banks that ask you to confirm that you have made a particular transaction,” Dalwood said.“Once you have signed a contract to use this kind of software you are unlikely to switch to another product and IMImobile has a good record of keeping its customers once it has won them.”He said it was growing strongly and generating plenty of cash. “Earnings growth is coming from a growing customer base – it is forming a good beachhead in America, for example. This growth is both organic and from acquisitions,” he said. Recent interim results showed revenue and gross profit both increasing by double-digit percentages.Normally such a good performance would result in the shares being highly valued but the perception that Tosca could continue to sell large numbers of IMImobile shares has prevented this from happening, some brokers have suggested.Many professional investors prefer the “Ebitda” measure of earnings when they value shares, as opposed to the after-tax profits used for the conventional price-to-earnings ratio. Ebitda stands for earnings before interest, tax, depreciation and amortisation, and because of those disregarded costs it will normally be higher than the after-tax figure.This means that the ratio of the share price to Ebitda will be lower than the normal p/e ratio for a given company – typically about 40pc lower, Dalwood said. But if we compare IMImobile’s price-to-Ebitda ratio with the valuations of other companies we get a sense of how cheap it is.It is currently trading at a ratio of between eight and nine. Link Mobility, a comparable peer, trades at more than 20, while private equity deals in this area are being done at Ebitda multiples of between 10 and 14.Earnings growth and the potential for the valuation to come into line with similar companies provide two routes for IMImobile’s shares to rise but there is a third potential reason, Dalwood said.“Share price growth has one of three causes: rising profits, higher valuations and balance sheet developments,” he said.If, for example, a business is funded equally by debt and equity and uses its cash flows to pay off half the debt, the value of the shareholders’ portion will increase significantly, all else being equal. This is a standard private equity approach to an investment.IMImobile has already paid off all its debt and amassed some cash, so in its case the way to make the balance sheet work better for shareholders would be to start to pay a dividend.This could also help the shares to be given a higher valuation.“At a time when interest rates are rock b
gretel
29 Nov 2017
Tipped in today's Telegraph Excellent - IMO are the main tip in today's Questor column in the Telegraph, and there's already been a fair bit of buying.Anyone got the full article they can copy here:?[link] three things can make a share price rise – and this stock has them allRichard Evans29 November 2017 • 6:18amWhen a fast-growing company with a loyal customer base and no debt is cheaply valued, there’s usually a good reason....."
gretel
22 Nov 2017
Re: Motley Fool Indeed - and he doesn't even mention the large cash pile which further reduces the P/E:[link] small-cap tech stock that does appear to be attractively valued, is IMImobile (LSE: IMO). The £124m market cap cloud communications software specialist helps its clients use mobile and digital technologies to communicate and engage with customers. Notable clients include Vodafone, Pizza Hut and the BBC.Through a combination of organic growth and acquisitions, IMO has grown at a formidable rate in recent years, with sales rising from £39m in FY2012 to £76m last year. Earlier this month, it announced that revenue and gross profit this year are expected “to be above current expectations.”Half-year results released this morning show further progress. Revenue surged 48% year-on-year to £53.1m, including 12% organic growth, while EBITDA rose 8%. The company saw particularly strong growth in India and South East Asia. Earnings growth was a little underwhelming, however, at just 1%. Chief Executive Jay Patel said: “We remain confident about the Group’s prospects for the remainder of the year. We expect revenue and gross profit to be in line with market expectations that were recently upgraded following the trading update given on 1 November and underlying EBITDA to be in line with expectations.“Analysts current expect earnings of 11.1p for this, placing the stock on a forward P/E of 18.3. At that valuation, I believe IMImobile warrants a closer look."
hopetown
22 Nov 2017
Motley Fool Recommended in the "Fool"
gretel
21 Nov 2017
Plenty of upside Whitman Howard retain their Buy and 260p target after today's results.And Techmarketview are very bullish:[link] 21 November 2017IMIMobile building out for consistent growthAfter a good performance last financial year, IMImobile, the cloud communications provider, delivered 12% organic growth in the first half to end September. Acquisitions boosted top line figures, up 48% to £53.1m. Gross profit rose only 22% however after the integration of the Infocast acquisition and a decline in the company’s Middle East and Africa operation following the Nigerian currency devaluation and the re-negotiation of a large contract with pan-African MNO MTN. Group EBITDA advanced 8%, to £5.7m, a margin of 23.1%.3 of the top 4 UK retail banks use IMImobile to manage end customer interactions via SMS and Facebook Messenger and the company’s broad portfolio of SMS, Chat, AI and campaign management solutions is used by a wide range of utility providers and MNOs. The business already has a global customer base, with the European and Americas operations accounting for two-thirds of revenue and the other India/SE Asia and Middle East/Africa units roughly the same size. The US operation has been boosted by the recent acquisition of US messaging provider Sumotext and success with distribution partners such as NICE and AT&T.Growth can be expected on several fronts; enterprises are consistently adding new channels to contact customers, IMIMobile's broad portfolio and recent acquisitions provide cross-selling opportunities, the expanded enterprise business in the US offers lots of potential as does the underlying expansion of markets in Asia and Africa. In the more developed European markets, the addition of higher value-added services, a larger sales effort and the developing partner network should drive additional revenue and margin.IMIMobile is now building the global sales and distribution network to leverage its central Connect platform and IP. This business has grown consistently at double-digit rates while generating cash. There is every reason to expect that this rate of progress will continue."
gretel
21 Nov 2017
Good H1 results today Good, solid H1 results, and a confident outlook for H2 of meeting recently upgraded expectations.Big increases in revenues and gross profit, with net profit masked somewhat by big increases in investment and resources going forward.The growth potential is huge in AI and automation capability, GDPR etc, and also geographically with the first steps forward now advancing in the USA.And there's a nice £15.4m cash pile.The outlook statement remains very confident:"Jay Patel, Chief Executive Officer of IMImobile PLC, commented: "The Group has continued to perform well, both financially and operationally, and delivered another period of profitable, cash generative growth. We have consolidated our leading position in the UK, achieved very strong organic gross profit growth in India and South East Asia, and despite known headwinds in Middle East and Africa, achieved 12% organic revenue growth across all regions. Post period, IMImobile also completed the acquisition of Sumotext, providing a platform to launch IMImobile's product offering to the enterprise market in the US. "This growth has been driven by the continued global demand for cloud-based solutions that can help deliver digital transformation, automation and cost-cutting. IMImobile has created a market leading product suite that focuses on real time, interactive customer communications and service automation and we are excited about the benefits that new emerging technologies can deliver. "We remain confident about the Group's prospects for the remainder of the year. We expect revenue and gross profit to be in line with market expectations that were recently upgraded following the trading update given on 1 November and underlying EBITDA to be in line with expectations."
