accesso has been providing cutting edge queuing and ticketing technology solutions to major theme parks and attractions for over a decade. Our powerful and innovative solutions deliver breakthrough revenue generating technology for our clients around the world.

accesso technology group plc accesso products and services currently support some of the top attractions in the world including a wide variety of paid admission operations ranging from theme parks, water parks and zoos to cultural attractions and sporting events.

Our innovative approach to driving revenue are key differentiators of our proprietary and patented technology. We help our clients achieve their goals through our unsurpassed service, rapid release software deployment and commitment to innovation. Everything we do helps our clients focus on what they do best, providing outstanding experiences for guests while we provide technology that readily supports our clients’ efforts to drive revenue. We have focused intensely on fine tuning our process to ensure success for our clients and, in turn, our company.


http://accesso.com/

Acquisition

09:30 10/04/2017
Broker Forecast - N+1 Singer issues a broker note on Accesso Technology Group
N+1 Singer today reaffirms its hold investment rating on Accesso Technology Group (LON:ACSO) and raised its price target to 1729p (from 1684p). Story provided by StockMarketWire.com

accesso Technology Group PLC (ACSO:LSE) set a new 52-week high during today's trading session when it reached 1,925.00. Over this period, the share price is up 71.52%.

Breached £20 today, with a new high.

accesso to acquire TE2
StockMarketWire.com
accesso Technology Group has agreed to acquire, by way of merger with its wholly-owned US subsidiary, The Experience Engine, a developer of software solutions which enables enterprises to offer a highly-personalised guest experience to customers, primarily in the leisure, hospitality, entertainment and retail sectors.

accesso said the acquisition was for an enterprise value of £62.3m and was being funded by the issue of approximately $14.4m in shares to the vendors and an underwritten vendor and has raised £58.8m ($75.6m) via an accelerated bookbuild.

TE2 was founded in 2013 by its management team led by chief executive Scott Sahadi, chief operating officer Ray Atkin and head of technology Josh Bass.

TE2 is based in San Diego, California and Orlando, Florida and has approximately 69 employees.

accesso said TE2 had a growing customer base consisting of several leading theme park and leisure operators, with notable customers including Cedar Fair Entertainment, SeaWorld Parks & Resorts, Merlin Entertainments, and Carnival Corporation.

Village Roadshow Contract Win
RNS
RNS Number : 6813Q
Accesso Technology Group PLC
14 September 2017
 
 
14 September 2017
accesso® Technology Group plc
 
("accesso" or the "Group")
 
Agreement with Village Roadshow Theme Parks for accesso Passport®
 
- Five-year agreement with Australia's largest theme park operator -
 
- Contract demonstrates accesso's expanding footprint in an important growth region -
 
accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment and cultural markets, today announces a five-year agreement with Village Roadshow Theme Parks ("Village Roadshow"), Australia's largest theme park operator, to install the accesso Passport ticketing suite in key attractions across the country.
 
The accesso Passport eCommerce solution will be go-live from spring next year at Warner Bros. Movie World; Wet'n'Wild Sydney; Wet'n'Wild Gold Coast; Paradise Country; and Sea World (Australia). Each of these venues will deploy accesso Passport's comprehensive, secure and fully-hosted online shopping experience to improve the guest-purchasing experience and drive incremental revenue from its eCommerce and front gate ticketing operations.
 
Importantly, this contract represents a significant expansion of an existing relationship, following the installation of QbandSM, an accesso LoQueueSM virtual queuing solution, at Village Roadshow's Wet'n'Wild Sydney in 2016. It also demonstrates accesso's ongoing commitment to expanding its reach across new markets and geographies. The Asia-Pacific region is a key growth area for the Group, and this win is a reflection of the progress accesso is making in establishing a foothold there.
 
Steve Brown, Chief Executive Officer of accesso commented:
 
"We are thrilled to expand upon our relationship with Village Roadshow Theme Parks and look forward to further growing Accesso's presence in Australia. This agreement illustrates Village Roadshow Theme Park's continued confidence in our suite of solutions and their commitment to crafting a truly unforgettable experience for their guests."
 
Adrian Karzon, Head of Information Technology for Village Roadshow Theme Parks said:
 
"As Australia's leading theme park operator, we are always looking for new ways to improve the guest experience and drive revenue. By expanding on our partnership with Accesso, we look forward to streamlining our ticketing and eCommerce operations to ensure that our guests have an enjoyable experience from the moment they purchase their tickets and throughout their visit."
 
***

Trading Update
RNS
RNS Number : 8595C
Accesso Technology Group PLC
25 January 2018


25 January 2018



accesso® Technology Group plc

("accesso" or the "Group")

Trading Update

- Adjusted EBITDA performance for FY 2017 substantially ahead of expectations -

- Strong contribution from recently acquired TE2 -


The Board of accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality and cultural markets, is pleased to provide the following update on trading for the financial year ended 31 December 2017.

The Group expects to report a revenue performance for the year that is slightly ahead of expectations and an Adjusted EBITDA performance that is substantially ahead of expectations. Trading has generally been strong across the group with TE2 performing well ahead of its business plan, generating greater than expected levels of non-recurring services revenue and operating with lower costs than anticipated. The Group expects to report a net-debt position of less than $6 million.

The Board is also pleased to report a successful start to 2018 where all accesso business lines are demonstrating good momentum.

accesso will announce its full year results on Wednesday, 21 March 2018.


This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation.

10:40 25/01/2018
Broker Forecast - Numis issues a broker note on Accesso Technology Group
Numis today reaffirms its add investment rating on Accesso Technology Group (LON:ACSO) and set its price target at 2560p. Story provided by StockMarketWire.com

Broker Forecast - Berenberg issues a broker note on Accesso Technology Group
Berenberg today initiates coverage of Accesso Technology Group (LON:ACSO) with a buy investment rating and price target of 2700p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Sharecast -

Berenberg starts Accesso at a 'buy', sets 2,700p target


Analysts at Berenberg initiated coverage on leisure industry group Accesso Technology with a 'buy' rating on Wednesday, citing several factors that they believed would lead to "double-digit organic revenue growth" over the coming years as their reasoning.
Berenberg stated that Accesso and its end-to-end technology stack, married with its global footprint, position it well in "a market that is fragmented by product, geography and vertical".


"We believe this will allow Accesso to take market share in its core theme park market, but also expand in the broader leisure industry where it has less penetration," the Tuesday morning research note read.


Berenberg initiated coverage with a 'buy' rating and a 2,700p price target.
Berenberg said, "Accesso has spent c$170m on five acquisitions since 2012. With more than $120m of balance sheet firepower over 2018-20E, we believe that accesso will likely use M&A to accelerate growth in new verticals and geographies. Our analysis indicates that M&A could deliver 30%+ earnings upgrades over 2018-20E and add up to 1,100p to our base-case DCF price target."
"We value accesso on a 80/20 blend of our base-case DCF and blue-sky valuation. Accesso trades on 37x 2018 P/E for a 20% 2018-20E EPS CAGR," the analysts concluded.
As of 1430 GMT, shares had gained 7.33% to 2,270.00p.

Partnership with Henry Ford health system

15 Mar
Peel Hunt
3,100.00
Buy

Preliminary results

13:10 23/03/2018
Broker Forecast - Berenberg issues a broker note on Accesso Technology Group
Berenberg today reaffirms its buy investment rating on Accesso Technology Group (LON:ACSO) and raised its price target to 3000p (from 2700p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Preliminary results

16:20 04/05/2018
Broker Forecast - Peel Hunt issues a broker note on Accesso Technology Group
Peel Hunt today reaffirms its buy investment rating on Accesso Technology Group (LON:ACSO) and set its price target at 3100p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

AGM Trading Statement
RNS
RNS Number : 7956O
Accesso Technology Group PLC
22 May 2018


22 May 2018
accesso® Technology Group plc

("accesso" or the "Group")

AGM Trading Statement

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets provides the following update on recent trading.

Trading Statement

At 10:00am today, the Group will hold its Annual General Meeting (the "AGM" or the "Meeting") at Unit 5, The Pavilions, Ruscombe Park, Twyford, Berkshire, RG10 9NN. At that time, the Executive Chairman of the Meeting will provide the following update on trading for the four months ended 30 April 2018:

"I am pleased to report a strong start to the 2018 financial year. The business continues to perform well, and although much of the trading year remains ahead of us, the early signs are good. We continue to diversify our business and make strides into greenfield areas, most notably with the signing of a significant contract with Henry Ford Health System in March 2018. This agreement marks a bold new step for Accesso, and reflects our ability to radically improve the Digital Guest Journey irrespective of end-market or industry vertical.

We also announced an important five-year extension to our existing agreement with the Cedar Fair Entertainment Company ("Cedar Fair") to provide the Accesso Passport ecommerce solution across all of Cedar Fair's properties. Cedar Fair remains one of the largest regional amusement-resort operators in the world, and is a key example of Accesso's ability to sustain long and mutually beneficial relationships with leading operators.

Accesso also continues to expand beyond its traditional markets. In this regard we have made a significant step by expanding Ingresso into the US, a move which we believe has significant potential and will allow new and existing accesso clients to connect to an ever-expanding network of distribution channels.

Accesso ShoWare also announced an agreement with the 2018 Special Olympics USA Games for ticketing at its opening ceremony, and we have furthered our advance into the hospitality space by striking a partnership with Marriott International's Gaylord Hotels. In this case, Accesso ShoWare will provide its fully integrated ticketing platform to the range of Gaylord Hotels' internationally recognized events.

Lastly, in April of this year, Paul Noland began his tenure as Accesso's CEO. I am delighted to welcome him to the team and look forward to working towards Accesso's continued prosperity with him.

As is always the case at this time of year, approximately 80% of the trading year remains ahead of us. Nevertheless, the start we've had gives me confidence in the Group's outlook, and the Board today confirms its expectations for the year remain unchanged."

(Holding) s rns

Board Changes
RNS
RNS Number : 4549S
Accesso Technology Group PLC
25 June 2018


25 June 2018
accesso® Technology Group plc

("accesso" or the "Group")

Board Changes

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets today announces a number of changes to its Board.

Firstly, accesso is pleased to announce the appointment of Andy Malpass as an Independent Non-Executive Director of the Group and Chair of the Group's audit committee. Andy has over 30 years' experience in the software industry within both private and public companies, including approximately 20 years as Group Finance Director of Fidessa Group plc (formerly, Royalblue Group plc). Andy also served as Company Secretary of Fidessa Group plc for many years, and is currently a non-executive director of Kainos Group plc where he serves as Chair of its Audit Committee.

Andy will take up the role on 26th June 2018, at which time David Gammon will step down as the chair of the Audit Committee. David, who joined the Board in 2010, will continue in his role as an independent non-executive director of the Group.

John Weston, who first joined accesso in May 2011, has decided to retire from the Board and from his role as Senior Independent Director. Joining the Group as its Non-Executive Chairman, John served in that role until May 2016, during which time he played a pivotal role in steering and shaping the Group's rapid growth. He will be succeeded as Senior Independent Director by Karen Slatford, currently an Independent Non-Executive Director of the Group, who brings a wealth of technology expertise to the role. This change will also take effect on 26th June 2018.

Tom Burnet, Executive Chairman of accesso, commented:

"We are pleased to be announcing these changes and delighted to be adding someone of Andy's calibre to the Board of Accesso. He brings significant experience to this important role and the Group will benefit from his leadership as we look forward to the next phase in our development.

On behalf of the rest of the Board and the entire company, I'd also like to thank John Weston for his distinguished service over a period of significant growth for the Group and we wish him well in his retirement. In Karen he has a worthy replacement and we are delighted she has agreed to take on these additional new responsibilities.

Proactive investor -


accesso Technology’s house broker says Prism product could shake up the UK festival market
Share
09:00 20 Aug 2018
The broker is forecasting a potential uplift of in both revenue and underlying earnings if the firm manages to capture a slice of the UK's 4mln festival-goers

INVESTMENT
OVERVIEW: ACSO
The Big
Picture
The broker said Prism would be "ideal" for festival goers to avoid carrying cash and queuing
Queuing and ticketing software firm accesso Technology Group PLC (LON:ACSO) has already established a foothold in its key markets, which include theme parks, cultural establishments, and live entertainment venues.
However, the company’s house broker is indicating the as yet untapped potential of an additional market, the UK’s festival sector.
Potential revenue and EBITDA uplift from festival-goers
In a note to clients, the broker said that with around 4mln people attending festivals in the UK each year, and with each one spending an average of £126 during the event, the UK in-festival market has a value of around £500mln.
The analysts added that some of the company’s products, such as its smart wristband Prism, could provide the company with an opportunity to disrupt the market segment “in a good way”.
“The cliché about festivals is mud, tents, drunkards and heavy partying, hence the accesso Prism device would be ideal – no need for a mobile phone and it is very robust” the broker said, adding that if the company could persuade 10% of the circa 4mln festival goers to spend £25 on the device it could potentially generate £8mln in revenue.
Analysts also said that “Capturing a portion of the 4mln UK festivalgoers would be a decent revenue and EBITDA uplift for accesso", and that despite the shares looking expensive compared to its peers, the group’s forecast 2017/20 compound annual growth rate (CAGR) of 34.5%, compared to its competitors on 14.1%, meant they were happy with their ‘Buy’ rating on the stock with a target price of 3,100p.
Strong start to 2018
The company has already seen a strong start to 2018 with several new agreements and a move into US markets that has seen its share price rise over 30% since January.
The AIM-listed ticketing and queuing software provider said the signing of a “significant” contract with Henry Ford Health System in March 2018 marked a bold new step and reflected the ability to radically improve the digital guest journey irrespective of end-market or industry vertical.
The firm also announced a five-year extension to its existing agreement with the Cedar Fair Entertainment Company, one of the world’s largest regional amusement resort operators, to provide the Accesso Passport ecommerce solution across all of its properties.
accesso also says it is continuing to grow beyond its traditional markets, with the expansion of its Ingresso system into the US, which it says has significant potential and would allow new and existing accesso clients to connect to an ever-expanding network of distribution channels.
The firms’ ShoWare arm also signed an agreement with the 2018 Special Olympics USA Games for ticketing at its opening ceremony in July, as well as forming a partnership with Marriott International's Gaylord Hotels to provide its fully integrated ticketing platform to the hotel chains’ events.
At last close on 17 August, accesso shares were trading at 2,660p, a 14% discount to the broker’s target price, giving it a market cap of around £720mln.