Globo plc (LSE-AIM:GBO), the international provider of enterprise mobility management solutions and software as a service, announces a trading update for the five months ended 31 May 2014, ahead of its AGM to be held today at 10.00a.m. at 55 Old Broad Street, London EC2M 1RX.

Pre-AGM Trading Update

The Group has seen a strong start to 2014, ahead of market expectations. Growth has been driven by increasing GO!Enterprise revenues, the continued growth of our consumer CitronGO! business, and new enterprise customer and partner wins.

Our focus in 2014 is on enlarging our sales teams, investing in R&D and business development, empowering our marketing strategy and setting up the infrastructure, systems and processes for future global growth.

Australian project win

We are also delighted to announce that Globo, as part of a consortium led by a leading Australian mobile operator and our partner Mobilise IT, has been selected as the provider of technology and services for a major multiyear governmental mobile health project in Australia. The project will initially offer secure and standard compliant mobile iPad apps to more than 10,000 doctors for access to medical records, delivering care in the home, and assessing requirements for preventative medicine.

The project is anticipated to contribute a significant number of GO!Enterprise licenses and consulting and professional services revenues to the Group.

Globo's non-executive Chairman, Barry Ariko commented:

"Following an exceptional financial performance last year, driven by revenue and profit growth as well as free cash flow generation, Globo has continued to achieve strong revenue and profit growth this year across both enterprise and consumer segments. The BYOD trend is transforming the way enterprises operate and with its compelling product offering, Globo is at the heart of this.
We regard this project win in Australia as a significant validation of our drive for a worldwide footprint for GO!Enterprise marketing and revenue, both in terms of geographic reach and scale of contract .
We are in an excellent position to address this dynamic market trend and are confident that 2014 will deliver further profitable growth for shareholders."

Globo's CEO, Costis Papadimitrakopoulos commented:

"Globo is now one of the global leaders in the BYOD and Mobile Application Development markets, as demonstrated by our recent win in Australia and our inclusion in Gartner's Enterprise Mobility Management Magic Quadrant. Our focus and investment in innovation continues in 2014 and we look forward to further expansion in mature geographies, such as the United States. We remain very optimistic for 2014."

Good trading update with strong start to 2014 and ahead of market expectations.

HAS BEEN A START PERFORMER FOR THE LAST MONTH

Now needs to break 60p and hold already higher than the previous one 58.50p on the new UPtrend

A better chart, MoneyAM is not correct for the last couple days

Volatile few days or few months even. Hopefully forming some higher lows and we'll eventually get above 60p again. We know trading is going well.

Cluster director buying - 5 directors in total.

H1 revenue seen slightly ahead of expectations. RBS Capital Markets maintains buy, tp 110p

Canaccord out with buy rec on 10th Sep, tp 90p - I haven't seen this before now for some reason.

Globo has been included in Ovum's 2014-15 Decision Matrix for EMM Solutions. "The demand for cross-platform mobile management has created a fast growing and extremely competitive market for EMM solutions", said Richard Absalom, Senior Analyst Enterprise Mobility at Ovum. "We are tracking over 70 vendors offering some form of EMM capability. Globo offers a well-rounded, end to end EMM solution, and is one of very few vendors to offer five out of six of our defined components"

GLOBO plc

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2014

Globo PLC (LSE-AIM: GBO), the international provider of enterprise mobility management solutions and software as a service, is pleased to announce its unaudited interim results for the six months ended 30 June 2014.

Financial highlights

• Revenue up 45% to €46.5 million (H1 2013: €32.0 million)
o GO!Enterprise revenue up 95% to €19.9 million (H1 2013: €10.2 million)
o CitronGO! and GO!Social revenue up 12% to €20.1 million (H1 2013: €17.9 million1)
• EBITDA increased 23% to €22.0 million (H1 2013: €17.9 million)
• Profit before tax up 11% to €16.1 million (H1 2013: €14.5 million)
• Earnings per share increased 5% to €0.043 (H1 2013: €0.041)
• Free Cash Flow2 of €4.2 million (H1 2013: €(3.7) million)
o Last Twelve Months Free Cash Flow €13.1 million
• EBITDA Cash Conversion Ratio3 of 83% (H1 2013: 15%)
• Net cash position of €46.0 million as at 30 June 2014 (H1 2013: €10.8 million)

Operating highlights

• Significant growth in licence and end user base:
o GO!Enterprise Enterprise Mobility Management ("EMM") business-to-employee device licences up 67% to 569,500 at the half year (31 December 2013: 340,600)
o GO!Enterprise Mobile Application Development Platform ("MADP") business-to-consumer licences up 90% to 24.9 million (31 December 2013: 13.1 million)
o CitronGO! and GO!Social monthly active users up 13% to 3.4 million (31 December 2013: 3.0 million)
• Additional enterprise customer wins, including new GO!Enterprise EMM licence customers such as Siemens, TUI, TNT, PeopleCert and Intracom Telecom.
• Integrated contract win for licences, application development, consulting and services with new customer, the New South Wales Health Administration, in Australia
• Acquisition of mobile applications developer Sourcebits Inc., for a cash consideration of US$12 million brings integrated MADP capability and access to new customers
• Significant expansion of US operations following acquisition of Notify Technology Inc.; CEO relocation to the US to focus on US operations and growth opportunity
• Launch of new products and services: GO!AppZoneStudio and GO!Enterprise WorkSpace

Post period end highlights

• €7.5 million integrated product project win with new customer, the Greek Ministry of Public Order and Citizen Protection
• Additional project work with existing Sourcebits customers Intel, McKinsey, SAP, EMC and ING
• Globo included in Ovum's Decision Matrix report 2014-15, with recognition as a market challenger amongst the top 11 EMM vendors globally

Trading outlook

• Trend of growth in enterprise customer and new project wins during H1 expected to continue
• Strong business momentum expected due to traditionally stronger second half and continued US expansion

Commenting on the results, Costis Papadimitrakopoulos, CEO of Globo, said:
"Globo's growing reputation in the enterprise mobile markets around the world is translating into strong growth in revenue and profits. Demand for our market-leading products and services is being supported by positive industry trends, particularly the growth of Bring Your Own Device. Globo continues to invest in developing new products to strengthen our offering and I am confident that Globo is well positioned to continue the positive growth story reflected in these results."

Good results. Broker updates today, RBC tp 120p and Canaccord 90p

A very poor do when such good results lead to a fall of 1.75 points!

Currently trading on a PE of just over 6 and a sector average of 20 we ought to be in for quite a price riose on this little beauty.

21 October 2014


Globo receives United States NIST Data Security Certification

Globo meets highest industry standard for application security, supporting its growth into highly regulated markets such as government, finance and healthcare.

Globo Plc (LSE-AIM: GBO), the international provider of enterprise mobility management (EMM) solutions and software as a service (SaaS), is pleased to announce that the United States National Institute of Standards and Technology (NIST) Cryptographic Module Validation Program (CMVP) has validated Globo's cryptographic modules as per Federal Information Processing Standards (FIPS) 140-2 Security Standard for Cryptographic Modules. FIPS 140-2 validated encryption has been added to the entire Globo solution suite, which consists of GO!Enterprise EMM and GO!AppZone MADP (Mobile Application Development Platform) offerings, which means that Globo's offering now satisfies the highest level of security required in the United States.

This certification gives Globo a competitive advantage in addressing commercial opportunities in highly-regulated markets such as government, finance and healthcare, which demand the highest level of validated encryption. Within Globo's EMM and MADP ecosystem thiscertificationapplies equally to functions such as email, messaging, file access or browsing, and connection to back-end systems or databases. FIPS validation represents an important milestone for Globo'sstrategy for expansion on the United States.

Further, Globo is the only vendor cited in Gartner's 2014 Magic Quadrant for Enterprise Mobility Managementthat has received US NIST FIPS 140-2 validation for each major operating environment; iOS, Android, Windows Phone and Windows Server. Globo is also unique in being the first MADP software vendor able to offer the ability to develop mobile applications that are suitable for these regulated markets and which require FIPS 140-2 Validated Cryptography.

Costis Papadimitrakopoulos, CEO of Globo, said:

"Globo has made a significant investment in providing customers with validated FIPS 140-2 encryption for both our enterprise mobility management and mobile app development solutions. This level of encryption allows companies to meet IT compliance requirements for the Payment Card Industry (PCI), Sarbanes-Oxley Act reporting, HIPAA compliance (Health Insurance Portability and AccountingAct), Financial Industry Regulatory Authority (FINRA) compliance and other highly-regulated markets."

The Globo FIPS 140-2 validated encryption modules will be available for use with the following operating systems:

• Apple iOS
• Google Android
• Windows Phone 7 and 8
• Windows Server 2013

Globo's offering with the encryption modules will be commercially available by the end of Q4 2014. Globo's certificates, 2268 and 2269, can be reviewed at:

http://csrc.nist.gov/groups/STM/cmvp/documents/140-1/1401val2014.htm#2268

Currently at 43.63p

Motley Fool today

3 Growth Companies I’d Buy Now: Globo PLC, Plus500 Ltd And Quindell PLC

With stock markets tumbling around the world, now is the time to bag a bargain. In particular, there are a wide range of growth companies which are as cheap as chips. So here are my three small-cap picks.

Globo

Globo (LSE: GBO) is a technology company that provides mobile apps and services to business. This is a fast-growing area, and the company has seen an impressive increase in its earnings, as the eps progression below shows:

2011: 3.26p, 2012: 4.22p, 2013: 6.2p, 2014: 8p, 2015: 10p

When a company grows as quickly as this, there can be a lot of volatility, but choose your moment well and you can bag a growth company at a value price.

I think this is one such moment: the 2014 P/E ratio is 5.6, falling to 4.5 in 2015.

Considering how quickly this company’s profits are growing, that is astonishingly cheap.
ps As I have previously stated, all the shorts have done is massively detach the co's share price from it's fundamentals.

A sensible 2015 p/e for a fast growing techcompany would be say 15, which implies a share price of around 150p, 13 months out.

If the share price continues to be depressed,I can't see Globo remaining independent.

Chart is looking promising with RSI and Stochastic around 50, but someone is controling the share price movement ( the shorting buggers)

Last Friday low of 40.50p, could be the double bottom, before the the next move up ahead of update. Shorters are managing to hold the price low and reducing their stakes at the same time.

About time FCA acts on the market abuse by those shorters

WERE others trades go on ISDX
http://www.isdx.com/forcompanies/ourcompanies/companydetail/default.aspx?securityid=100727

Revenues at Globo - the international provider of enterprise mobility management solutions and software-as-a-service - rose by 46% to 73.2m in the nine months to the end of September.

GO!Enterprise revenues grew by 89% to 35.0m, including a maiden contribution from Sourcebits of 1.2m while CitronGO! revenues increased by 13% to 29.8m.

Gross profit margin improved to 62% (H1 2014: 58%) reflecting the positive impact of direct salescompared to indirect channels.

Chief executive Costis Papadimitrakopoulos said: "We are happy to report that, seventeen years after the Group's foundation, our business continues to innovate and grow on all fronts.

"After my move to California, the company has established a more US-driven development path. Our reputation and position in the market continues to go from strength to strength and I expect this to be reflected in the future performance of the Group. We are confident that the successes of the first nine months of the year will continue through the remainder of 2014 and beyond."

Figures just to good for the share price to stay on those low prices


Trading Update for nine months ended 30 September 2014

Globo Plc (LSE-AIM: GBO),
· Revenues for the first 9 months of the year grew by 46% to €73.2 million (first 9 months 2013: €50.0 million):

# GO!Enterprise revenues grew by 89% to €35.0 million (first 9 months 2013: €18.5 million), including a maiden contribution from Sourcebits of €1.2 million;

# CitronGO! Revenues grew by 13% to €29.8 (first 9 months 2013: €26.4 million).

# The Group continued to generate free cash flow1 during the third quarter. The net cash position
at 30 September 2014 was €36.3 million (30 June 2014: €46.0m) after payment of US$12.0 million and associated costs for the acquisition of Sourcebits in July 2014, and other investment and setup costs associated with US expansion.

# We expect positive free cash flow generation to continue during the last quarter of 2014 and we remain confident that our year-end results will meet market expectations.

http://stockcharts.com/h-sc/ui?s=GBO.L

down a touch after recent gains, but continued buying suggests more gains to come.

Bought some stock at 45p

Has been moving lower for some time and again today, but at this price 45p offer plenty of trades go on every time it comes to this price. Well undervalued on a historic PE of 7.2 and the latest update is everything OK for results at the end of the month, small spread

other trades at ISDX .......... GBO trades at ISDX