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Results: CLCO

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EPIC CLCO
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CloudCoCo – full-year results, a need to improve “financial strength and liquidity”?

Previously writing on group which describes itself as “a leading UK provider of Managed IT services and communications solutions to private and public sector organisations”, CloudCoCo (CLCO) with its shares up to 1.325p I noted argues “strong strategic and commercial progress”…but if EBITDA is bullshit earnings, what is “Trading EBITDA”?!. The group now states that it “is pleased announce its full year results for the year ended 30 September 2022”, so what of a now 1.25p share price?

EPIC CLCO
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CloudCoCo – argues “strong strategic and commercial progress”…but if EBITDA is bullshit earnings, what is “Trading EBITDA”?!

UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo Group (CLCO) states that it “is pleased to provide an update on its progress for the year ended 30 September 2022”... and the shares have currently responded approaching 40% higher to 1.325p. So how well is its trading going?

EPIC CLCO
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CloudCoCo – full-year results, “a transformational year”?

UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo (CLCO) has announced results for its year ended 30th September 2021, emphasising a now “significantly enlarged customer base and enhanced capabilities from acquisitions”. So what of a currently unchanged 1.70p share price?...

EPIC CLCO
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CloudCoCo – “confident of further strategic progress”. And financial progress?!

UK provider of IT and communications services to businesses and public sector organisations, CloudCoCo (CLCO) has updated including “trading EBITDA, a key marker for demonstrating the success of the group's recovery to date, expected to be well ahead in H2” and “cash positive in FY20” – and the shares have currently responded more than 14% higher to 1.20p, but what’s the actual detail?...

EPIC CLCO
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CloudCoCo – launch of education global remote access solution, on the corona bandwagon?...

“CloudCoCo (CLCO), a UK provider of IT and communications solutions to businesses and public sector organisations, announces the launch of a Secure Global Learning Access solution for UK institutions delivering education and their students, and inclusion of the solution in a leading education procurement framework”… and the shares have currently responded to 1.55p, approaching 30% higher...

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