Kin and Carta (#KCT) – recommended offer increased to 120p per share from 110p
- 2023-12-07 07:57:06
UK 09:49 Friday, 2 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
‘Digital transformation consultancy’ Kin and Carta (KCT) has issued a “trading update” including “Q4 reflects a second quarter of sequential net revenue growth before and after acquisition effects” and “FY23 adjusted operating profit is expected to be £17.9-£18.4 million, 10.5%-14.0% ahead of market expectations… the company enters FY24 with a healthy backlog and expects further sequential net revenue growth in Q1”. What of a share price currently up to 75p in response?
Previously writing on ‘digital transformation consultancy’ Kin and Carta (KCT), in February with the shares down to 130p I questioned a trading update – noting “backlog” and “pipeline” are only useful if they’re being converted and concluding to Avoid. What now of “a trading update covering the year ending 31 July 2023”?
‘Digital transformation consultancy’ Kin and Carta (KCT) has issued a trading update including “trading in H1 generated net revenue growth of 15% to £99 million with similar adjusted operating margins to the comparable period in the previous year”, so what of a current share price response to 130p, down 30%?
Hello Share Bunnies. Let’s look at a company with an unusual name that’s been appearing on the daily winners list lately. Kin and Carta (KCT) is one of those outfits that gives support to companies that want to keep up with the opportunities presented by an ever-complicated technological business world.
Previously writing on digital-focused consulting, software engineering and marketing company Kin and Carta (KCT), in September I was cautious on a just over £111 million market capitalisation. That is now more than £250 million, and follows half-year results to 31st January 2021...
Digital-focused consulting, software engineering and marketing company Kin and Carta (KCT) now “expect revenue and profits for the financial year to be slightly ahead of the expectations provided in our July update” and “early signs of improvement in client activity, pipeline and continued traction with our strategic partners give us confidence in the company's future prospects”. Sounds encouraging… though, of course, it depends on what the expectations were...
Self-styled “digital transformation company” Kin and Carta (KCT) has updated including “net debt expected to improve at the end of the financial year compared to the £39.5 million reported at 31 January 2020” and “the pandemic has underlined the market's need for our digital capabilities”. The shares have currently responded towards 50p, approaching 8% lower...
