Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The cloud managed services group iomart (IOM) has announced results for its year ended 31st March 2025 including noting an adjusted pre-tax profit of £6.5 million and “actions taken to deliver annualised cost savings of around £4m, with the benefits becoming visible in H2 FY2026… the market dynamics around the IT cloud landscape continue to validate the group’s strategic direction and reinforce the board’s confidence in iomart’s ability to grow and develop”. So with a market cap already of only just above £32 million, what about a current more than 12% further share price fall to around 25p?
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