AdEPT Telecom plc, formerly AdEPT Telecom, is a United Kingdom-based company providing voice and data telecommunications services to both domestic and business customers. The Company provides fixed line calls, line rental, mobile and data connectivity products to thousands of business and residential customers across the United Kingdom. The Company offers a range of business telecom products for all sizes of business. AdEPT's Inbound Call Handling services offer a way to manage inbound calls, with online access enabling customers to implement changes instantly. AdEPT broadband products offer unlimited downloads and Internet speeds of up to 16 megabits, 50 megabits of Webspace. As at March 2010, AdEPT has completed the acquisition and integration of 16 telecom businesses, all of which have been integrated and trade under the AdEPT Telecom brand

http://www.adept-telecom.co.uk/data-connections/data-quote-tool

Half-year Report
RNS
RNS Number : 1094H
AdEPT Technology Group PLC
13 November 2018

AdEPT Technology Group plc

("AdEPT" or the "Company", together with its subsidiaries the "Group")

Interim results for the 6 months ended 30 September 2018

AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity, voice and cloud services, announces its unaudited results for the 6 months ended 30 September 2018.

Highlights
Revenue and EBITDA
· Total revenue increased by 9.5% to £24.4 million (2017: £22.3 million)
· Managed services revenue increased by 19.2% to £18.0 million (2017: £15.1 million)
· Managed services revenue up to 74% of total revenue (2017: 67%)
· EBITDA* increased by 10.7% to £5.2 million (2017: £4.7 million)
· EBITDA* margin 21.2% (2017: 20.9%)

PBT, EPS and Dividends
· Adjusted profit after tax** increased by 13.4% to £3.7 million (2017: £3.2 million)
· Adjusted EPS increased by 11.7% to 14.5p (2017: 13.0p)
· Interim dividend increased by 15.3% to 4.9p per share (2017: 4.25p)

Cash Flow and Debt
· Reported EBITA conversion to pre-tax cash from operating activities 81.9% (2017: 90.7%)
· Net senior debt at period end of £25.1 million (2017: £20.8 million)
· £8.5m of funds used to fund Shift F7 Group Limited acquisition and Our IT earnout

Roger Wilson, Chairman, commented:

"I am delighted by the continued progress being made by the Group in its transformation into a managed service provider for unified communications and IT. The results for the period demonstrate the strength of our capex light model and our organic and acquisitive growth strategy.

Trading continues to be in line with management's expectations, we continue to be highly cash generative and with a fully supportive investor base and funding partners we remain confident in our strategy to identify earnings-enhancing acquisitions whilst retaining scope for a progressive dividend policy."

*Earnings before interest, tax, depreciation, amortisation and excluding one off acquisition costs and share based payments
** Adjusted profit after tax represents profit after tax adding back one off acquisition costs and amortisation

No one seems to be following you on this one DC but the half yearly report and the graph, plus increasing div has my attention now. Will watch to see where the drop stops with the sp.