The accent is on Accenture this week

The accent is on Accenture this week

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The week ahead In the UK, we anticipate December final results from Computacenter PLC (LON: CCC), Bango PLC (LON: BGO), KRM22 PLC (LON: KRM), Boku Inc (LON: BOKU), Kape Technologies PLC (LON: KAPE), Tribal Group PLC (LON: TRB) and Emis Group PLC (LON: EMIS) and interims from Eagle Eye Solutions Group PLC (LON: EYE). Meanwhile, Ocado Group PLC (LON: OCDO) is expected to release a first-quarter trading update on Thursday. Computacenter, the information technology services provider, reports its final results tomorrow. In its trading update in late January, the company increased its guidance yet again, with adjusted profit before tax “in excess of £195mln”, up from “no less than £190mln” in the December update. Total revenue grew by 8% or 3% excluding the impact of acquisitions, and the group closed the year with adjusted net funds, excluding IFRS16 lease liabilities, of around £188mln. The company said the positive momentum in trading showed no signs of slowing down, and its pipelines for both technology sourcing and services are as strong as at any time in the last year Bango, the mobile commerce operator that connects payment providers, merchants, and app stores, releases its final results tomorrow. In its trading update in January, it said that revenue was ahead of expectations at £12.2mln, reflecting 70% growth, while adjusted underlying earnings (EBITDA) were expected to exceed £4mln. End-user spend jumped to £1.9bln, up from £1.1bln in 2019, boosted by global lockdowns, which drove more users online and accelerated the adoption of digital payments by merchants and consumers.  The group finished the year with net cash of £5.83mln. Earlier this month, Bango announced the appointment of Matt Garner as its chief financial officer. KRM22, which is focused on capital markets risk management, announces its final results tomorrow. In its January trading update, it said it expects to report revenue of £4.6mln, up from £4.1mln in 2019, while the EBITDA loss shrank to £0.1mln from £3.1mln. Annualised recurring revenue stood at £4.3mln at the end of December, reflecting constant-currency growth of around 5%, and the group ended the period with gross cash of £2.0mln and net debt of £1.0mln. In February, KRM22 announced a partnership with Kintail Consulting to address the area of people and culture risk in capital markets. Boku, which provides direct carrier billing, releases its final results tomorrow.  In its January trading update, it said it expects to report both revenues and EBITDA ahead of the current market consensus expectations. Revenues are expected to grow by at least 20% to US$56.3mln while adjusted EBITDA is expected to more than double to US$15.0mln. The company has progressed on launching wallets as a new payment method, initially to its existing merchants, with 11 wallets live supported with material volume growth, albeit off a small base. Since the update, Boku has announced several new partnerships, including with Microsoft for direct carrier billing payment method in South Korea & Saudi Arabia. Eagle Eye, the marketing technology company, releases its interim results tomorrow. In its January trading update, it said it expects to report revenue growth of 8% to £10.8mln with adjusted EBITDA up 62% at £2.1mln. The group swung to a net cash position of £0.1mln at the period end. The company said the outlook for the current financial year remained in line with the board’s expectations, notwithstanding the impact that the pandemic has had on the food and beverage and non-grocery customer segment. Kape, the digital security and privacy software business, announces its final results on Wednesday with revenue at the upper end of management's forecasted range and adjusted EBITDA ahead of management's expectations. Revenue grew by 85% to about US$122.2mln, with recurring revenue representing around 89%, and adjusted EBITDA jumped by 168% to around US$39.0mln as the margin expanded significantly to 31.9% from 22.0% in 2019. Last week Kape announced the acquisition of Webselenese, a fast-growing Israel-based publishing business focused on consumer privacy and security content, for US$149.1mln on a net cash basis. Tribal, the provider of software and services to the international education market, announces final results on Wednesday. In its trading update in January, it said it expects to report results in line with current market expectations that were upgraded in October. It expects to report a 7% dip in revenue to £73mln, with adjusted EBITDA easing by 3% to £14.9mln.  More significantly, annual recurring revenue (ARR) increased by 12% over the twelve months to stand at £47.5mln, reflecting the group’s strategy to make the transition to software as a service (SaaS). Last week, the company announced the appointment of Diane McIntyre as its chief financial officer, with effect from 1 June. Emis, the healthcare software and systems company, announces final results on Thursday. In its January update, it said that following an improvement in the second half, trading for the year was marginally ahead of the board's expectations, with both revenue and adjusted operating profit maintained at similar levels to the previous year. The group retains a strong balance sheet with net cash of £53.0m at the period end. Across the pond, it remains quiet on the earnings front with Accenture expected to be the highlight, reporting second-quarter (Q2) numbers on Thursday. Other tech-related companies reporting include PAR Technology, Yalla, Coupa Software, Crowdstrike, Jabil and Smartsheet. Date Company Event Period ending 16-Mar Crealogix Final results 31-Dec 16-Mar Computacenter Final results 31-Dec 16-Mar Bango Final results 31-Dec 16-Mar KRM22 Final results 31-Dec 16-Mar Boku Final results 31-Dec 16-Mar Eagle Eye Interim results 31-Dec 17-Mar Kape  Final results 31-Dec 17-Mar Tribal Final results 31-Dec 18-Mar Emis Final results 31-Dec 18-Mar Ocado Q1 trading 28-Feb 22-Mar Blackbird Final results 31-Dec 23-Mar Alfa Financial Software Final results 31-Dec 23-Mar Loopup Final results 31-Dec 23-Mar Accesso Final results 31-Dec 23-Mar essensys  Interim results 31-Jan 24-Mar Keywords Studios Final results 31-Dec 24-Mar Softcat Interim results 31-Jan 24-Mar Sopheon Final results 31-Dec 24-Mar Telit Communications Final results 31-Dec 25-Mar Learning Technologies Final results 31-Dec 25-Mar IQGeo Final results 31-Dec 25-Mar IQE Final results 31-Dec 29-Mar Quixant Final results 31-Dec 29-Mar Dev Clever Final results 31-Oct 30-Mar Dialight Final results 31-Dec 30-Mar K3 Business Technology Final results 30-Nov 31-Mar Seeing Machines Interim results 31-Dec Week of 29 Mar Mobile Tornado Final results 31-Dec April Supply@Me Final results 31-Dec 08-Apr Tracsis Interim results 31-Jan 08-Apr Alpha FMC Trading update 31-Mar 12-Apr Quixant Final results 31-Dec 13-Apr XLMedia Final results 31-Dec 21-Apr Pennant Final results 31-Dec 28-Apr 1Spatial Final results 31-Jan 29-Apr Proactis Interim results 31-Jan April AdEPT Technology Trading update 31-Mar Source: Data from regulatory news and company websites  

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