itim Group – “new contract wins”… but what does that mean financially?...
By Steve Moore | Wednesday 13 April 2022
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.
itim Group (ITIM), an omni-channel technology platform company for store-based retailers, “is pleased to announce three new customer wins and extensions of existing contracts for an increase in Annual Recurring Revenue of £1.8 million”. How does this compare to a share price, more than 7.5% higher on the news, of 114p?...
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