http://www.iomart.com/

The Group's principal activity is providing web based managed hosting services for both the consumer and business.

Originally founded in 1998 as an integrated internet and telecommunications company, the Group has evolved to become one of Europe’s largest providers of managed hosting, colocation, data centre, and business continuity services, serving over 300, 000 customers each day. Having been at the forefront of the UK’s technological revolution for the past decade the Group has developed an enviable reputation for its internet expertise, its service ethic and its product innovation.

The Group holds a unique position within the marketplace. By owning its own data centre and network infrastructure, it is able to deliver the complete set of vertical components in the hosting arena from domain names, virtual web space, security, web marketing, SEO, websites, dedicated servers through to complex managed hosting solutions, colocation space, power, cooling and bandwidth.

As more and more mission critical business applications move on to the web, so organisations need more resilience, security and 24 hour management; the market for managed hosting services and datacentre capacity is expected to grow significantly over the next few years.Described by US Analyst Tier 1 as "currently enjoying the sort of momentum that could soon place it on the list of European heavyweights.", the iomart Group is fast proving to be one of the UK's leading lights in the provision of true cloud computing services.

Interims Tues 10 Dec

RNS


RNS Number : 0991V

Iomart Group PLC

10 December 2013








10 December 2013

iomart Group plc

("iomart" or the "Group" or the "Company")

Half Yearly Results



iomart (AIM:IOM), the cloud computing company, is pleased to report its consolidated half yearly results for the period ended 30 September 2013.



FINANCIAL HIGHLIGHTS



· Revenue growth of 23% to £24.6m (H1 2013: £19.9m)

· Adjusted EBITDA1 growth of 29% to £9.8m (H1 2013: £7.6m)

· Adjusted profit before tax2 growth of 29% to £6.3m (H1 2013: £4.9m)

· Adjusted basic earnings per share3 from operations increased by 35% to 4.89p (H1 2013: 3.61p)

· Cashflow from operations increased by 43% to £9.1m (H1 2013: £6.4m)

· Adjusted EBITDA1 margins increased to 40% (H1 2013: 38%)

OPERATIONAL HIGHLIGHTS



· Increased European footprint and dedicated server expertise through the acquisition of Redstation Limited for a maximum consideration of £8.1m

· Acquired major presence in the Cloud backup and disaster recovery market through the acquisition of Backup Technology Holdings Limited for a total consideration of £23.0m

· Continued progress on the fit out of additional 600 racks of datacentre space in Maidenhead



Statutory Equivalents



The above highlights are based on adjusted results. A full reconciliation between adjusted and statutory results is contained within this statement. The statutory equivalents of the above results are as follows:



· Profit before tax growth of 6% to £4.4m (H1 2013: £4.1m)

· Basic earnings per share from operations increased by 12% to 3.39p (H1 2013: 3.03p)



Angus MacSween, CEO commented,



"Trading in the second half of the year has begun well and we continue to win business from new and existing customers. We remain confident of achieving another successful year of significant growth in line with the upgraded market expectations.



"We also continue to invest in our people and infrastructure as we evolve and grow. This will ensure we are well positioned to take advantage of the still largely untapped corporate cloud market, and further fuel the growth we have enjoyed in recent years.



"With increased capacity, geographical presence and additional expertise in high growth cloud services we look forward with confidence."





1 Throughout this statement adjusted EBITDA is earnings before interest, tax, depreciation and amortisation (EBITDA) before share based payment charges and acquisition costs. Throughout this statement acquisition costs are defined as acquisition related costs and non-recurring acquisition integration costs.

2 Throughout this statement adjusted profit before tax is profit before tax, amortisation charges on acquired intangible assets, share based payment charges, mark to mark adjustments in respect of interest rate swaps, the accelerated write off of arrangement fees on the bank borrowing facility which was repaid early in the period and acquisition costs.

3 Throughout this statement adjusted earnings per share is earnings per share before amortisation charges on acquired intangible

assets, share based payment charges, mark to market adjustments in respect of interest rate swaps, the accelerated write off of arrangement fees on the bank borrowing facility which was repaid early in the period and acquisition costs, including the taxation effect of these.

RNS


RNS Number : 0991V

Iomart Group PLC

10 December 2013








10 December 2013

iomart Group plc

("iomart" or the "Group" or the "Company")

Half Yearly Results



iomart (AIM:IOM), the cloud computing company, is pleased to report its consolidated half yearly results for the period ended 30 September 2013.



FINANCIAL HIGHLIGHTS



· Revenue growth of 23% to £24.6m (H1 2013: £19.9m)

· Adjusted EBITDA1 growth of 29% to £9.8m (H1 2013: £7.6m)

· Adjusted profit before tax2 growth of 29% to £6.3m (H1 2013: £4.9m)

· Adjusted basic earnings per share3 from operations increased by 35% to 4.89p (H1 2013: 3.61p)

· Cashflow from operations increased by 43% to £9.1m (H1 2013: £6.4m)

· Adjusted EBITDA1 margins increased to 40% (H1 2013: 38%)

OPERATIONAL HIGHLIGHTS



· Increased European footprint and dedicated server expertise through the acquisition of Redstation Limited for a maximum consideration of £8.1m

· Acquired major presence in the Cloud backup and disaster recovery market through the acquisition of Backup Technology Holdings Limited for a total consideration of £23.0m

· Continued progress on the fit out of additional 600 racks of datacentre space in Maidenhead



Statutory Equivalents



The above highlights are based on adjusted results. A full reconciliation between adjusted and statutory results is contained within this statement. The statutory equivalents of the above results are as follows:



· Profit before tax growth of 6% to £4.4m (H1 2013: £4.1m)

· Basic earnings per share from operations increased by 12% to 3.39p (H1 2013: 3.03p)



Angus MacSween, CEO commented,



"Trading in the second half of the year has begun well and we continue to win business from new and existing customers. We remain confident of achieving another successful year of significant growth in line with the upgraded market expectations.



"We also continue to invest in our people and infrastructure as we evolve and grow. This will ensure we are well positioned to take advantage of the still largely untapped corporate cloud market, and further fuel the growth we have enjoyed in recent years.



"With increased capacity, geographical presence and additional expertise in high growth cloud services we look forward with confidence."





1 Throughout this statement adjusted EBITDA is earnings before interest, tax, depreciation and amortisation (EBITDA) before share based payment charges and acquisition costs. Throughout this statement acquisition costs are defined as acquisition related costs and non-recurring acquisition integration costs.

2 Throughout this statement adjusted profit before tax is profit before tax, amortisation charges on acquired intangible assets, share based payment charges, mark to mark adjustments in respect of interest rate swaps, the accelerated write off of arrangement fees on the bank borrowing facility which was repaid early in the period and acquisition costs.

3 Throughout this statement adjusted earnings per share is earnings per share before amortisation charges on acquired intangible

assets, share based payment charges, mark to market adjustments in respect of interest rate swaps, the accelerated write off of arrangement fees on the bank borrowing facility which was repaid early in the period and acquisition costs, including the taxation effect of these.

A hold in this weeks IC - Group underlying half year pre-tax profit jumped an impressive 29% year on year to £6.3m and cash flow from operations soared 43% to £9.2m. Data hosting was the group's star performer in the period- revenue there climbed 31% year on year to £19.1m, with organic growth in the high teens and the rest coming from acquisitions. Hosting's cash profit rose by a third to £8.7m and the divisional profit margin improved to 46% from 45%. However, progress at the Easyspace business - which offers email and domain names to SMEs - was rather more sedate. Revenue there grew 3% to £5.5m, while cash profit rose marginally to £2.42m

Melbourne and Photolink Celebrate a Year of Collaboration in Retail

Posted on December 16, 2013


Content Agency and Hosting Provider Deliver Reliable Digital Engagement for Brands

iomart’s Manchester-based cloud and managed hosting company Melbourne Server Hosting is celebrating a year of collaboration with Photolink, the city’s hugely successful creative content agency. Together they have delivered new digital platforms for a number of exciting retail brands.

In the past twelve months the two companies have worked together on creating content rich, consumer friendly and highly accessible websites for UK-wide hair salon chains Regis Salons and Supercuts, as well as Photolink’s in-house ecommerce brand Little Black Dress.

Paul Casey, Digital Account Manager for Photolink, said: “Retail is incredibly fast moving so we need server hosting that can cope with the huge amount of refreshment needed to update content for our clients and keep consumers engaged. The team at Melbourne have great technical expertise but they also have a fantastic creative approach to working with an agency like us.

“Everything we do is about brand reputation for our clients so our hosting has to be 100 per cent reliable and that’s what Melbourne delivers.”

Photolink is an award-winning retail brand communications agency specialising in the creation of visual and digital content and multi-channel marketing strategies for the likes of John Lewis, Tesco and Argos. It has offices in Manchester, London and Mumbai and was recently chosen by UK Trade & Investment to represent the British creative industry overseas.

Rob Greenwood, Technical Services Manager for Melbourne, said: “This Christmas is expected to be the biggest for online spending so we’re delighted to provide support for Photolink at such an important time in the retail calendar. We take the same innovative yet technical approach to providing the right hosting solutions for them as they do in creating the right digital content for their clients. We’re looking forward to working together on a number of exciting new ecommerce projects in 2014.”

iomart celebrates its 15th birthday

Posted on December 18, 2013


iomart marks 15 years of delivering cloud and managed hosting services

Today iomart is delighted to be celebrating 15 years in business. It was on December 18th 1998 that the company was founded as an integrated internet and communications company by Scottish entrepreneur Angus MacSween to provide internet access and web hosting services to the UK.

From the early days of dial up to the cloud services of today, iomart has evolved to ensure that it delivers the cloud and managed hosting services that UK and European business and organisations require.

iomart started out with a small call centre in Stornoway in the Outer Hebrides. Today it employs over 300 staff and owns and manages state-of-the-art data centres in eight locations across the UK connected by a 40 Gigabit private fibre network. It protects over 15 petabytes of data for customers.

Angus MacSween, CEO of iomart Group plc, said: “iomart has invested in its infrastructure and its people to create one of the leading cloud companies in the UK and Europe. We will continue to focus on providing meaningful Service Level Agreements for our customers and working with them to deliver the bespoke support they need to be successful in their chosen markets.

“I would like to thank the staff at iomart and its associated companies for their continuing hard work and support as we look forward to another successful year ahead.”

Shares - Iomart is hoping to continue its recent acquisition spree early next year and possible overseas moves are under consideration for the first time.
The slide to 250p looks like a useful chance to climb aboard once more and we suspect the generally neutral market stance may prove too cautious.

Photographers Focus on New Generic Top-Level Domains with Easyspace

Posted on January 7, 2014


.Photos, .Photography and .Camera Are Popular New gTLDs



Easyspace, one of the UK’s largest domain name providers and part of iomart Group, has reported a surge in interest for photography-related extensions among the new ICANN generic Top-Level Domains (gTLDs).

gtld-adv2

Easyspace has created a new TLD registration website, to allow customers to build up a virtual shopping basket of the new domain name extensions they are interested in.

The most popular group of new domains so far is extensions which reference the art of photography such as .photos, .photography and .camera as well as .gallery. These new gTLDs will ultimately sit alongside existing domains, such as .com.

Sarah Haran, Managing Director of Easyspace, said: “A photograph is one of the most powerful forms of communication in the digital age so if you are a photographer or you sell the technology they use it makes sense to identify yourself as closely with it as possible so you can stand out and share what you do with a wider audience on the internet.”

It is free to register interest in one of the new gTLDs with Easyspace while they are in the initial Sunrise phase which allows trademark holders to protect their brands. The Sunrise phase for Dot Camera, Dot Photography and Dot Gallery ends on 31st January. They then move into Landrush on 5th February before becoming available to the general public in General Availability on 12th February.

With hundreds of new generic TLDs being made available over the next few months, the Easyspace website gives a breakdown of what the different launch periods mean. The website also allows customers to search for specific domain extensions that are yet to be released.

There is also a separate section for trademark holders about registering with the Trademark Clearinghouse (TMCH), which is a requirement for anyone wishing to register their new domain during Sunrise.

Recovering very well.

Multiplay Chooses RapidSwitch to Power UK Expansion

Posted on February 4, 2014


Online Games Service Provider Turns to iomart Dedicated Server Specialist


iomart Group plc’s dedicated server brand RapidSwitch has been selected by Multiplay, one of the world’s largest hosts of online gaming servers, to power its expansion in the UK.

RapidSwitch will provide Infrastructure as a Service (IaaS) for Multiplay as the global gaming service provider looks to grow its customer base in the UK. RapidSwitch has already installed a range of servers for Multiplay in its Maidenhead data centre to provide UK-based hosting for games like EA Battlefield 4 and games with large community followings, such as Minecraft, Rust, and DayZ. RapidSwitch’s ‘on-demand’ approach to the deployment of physical hardware mimics the scalability of virtualised platforms but with the full power of a physical system.

Will Lowther, Head of Online at Multiplay, said: “Our target is to grow our customer base in the UK, particularly among makers of independent games, so we need a reliable and flexible hosting partner who can set up new and powerful infrastructure on demand. That’s why we chose RapidSwitch because it has the technical and management expertise to provision the hardware needed to support maximum online gaming experience in the most cost efficient way.”

Multiplay hosts one of the biggest online gaming networks in the world incorporating over 25,000 servers at 27 locations across the globe. It works with high-level developers to the consumers who purchase and play their products. RapidSwitch has created an infrastructure for Multiplay to service development in one of its biggest regions, the UK, based on latest generation Dell servers to deliver the best performance.

Neil Christie, Commercial Director for RapidSwitch, said: “The ‘on demand’ infrastructure model we are providing for Multiplay ensures an unrivalled level of performance of physical hardware but with complete flexibility over the availability of each system. Whatever the game’s requirements are, we can create the bespoke infrastructure needed to ensure the best consumer experience and, together with Multiplay’s innovative software platform, deliver the optimum gaming experience for maximum enjoyment.”

Pre-close Trading Statement and Notice of Results

RNS


RNS Number : 1858D

Iomart Group PLC

26 March 2014






Date: 26 March 2014

On behalf of: iomart Group plc ("iomart" or the "Group")

Embargoed until: 0700hrs

iomart Group plc

Pre-close Trading Statement and Notice of Results

iomart Group plc (AIM:IOM), the cloud computing company, is pleased to provide its pre-close trading statement for the year ending 31 March 2014 ahead of the announcement of its full year results.



Group Trading Performance

The Board is delighted to report that iomart has achieved a very strong set of results.

For the year to 31 March 2014, the Group expects to show adjusted EBITDA(1) of approximately £23.6 million (FY2013: £16.4 million) and adjusted(2) profit before tax of around £14.5 million (FY2013: £10.6 million) both slightly ahead of market consensus expectations.

Over the period, the Group has delivered strong organic growth combined with good performances from its acquired businesses, and the Board anticipates these dual drivers of growth continuing in the future.



Operations

The Hosting segment has continued to win a substantial amount of new business over the year, as the Group continues to benefit from the growing adoption of cloud services by organisations that need a strong partner with the necessary infrastructure to provide the certainty, scalability and flexibility they are looking for. Hosting also benefitted from the contribution of Redstation, and Backup Technology, the cloud backup business, both of which were acquired in September 2013. Both businesses have been successfully integrated into the Group.

Easyspace has performed in line with expectations over the year.

Notice of Results

The Group expects to report its full year results for the year ending 31 March 2014 on Wednesday 28 May 2014.

Angus MacSween, CEO of iomart Group plc, stated:

"iomart has enjoyed another year of good organic growth, buoyed further by our recent acquisitions. There is no doubt that we are seeing a long term shift towards a cloud dominated technology landscape, and we are well positioned to take advantage of that."

iomart: FinnCap lowers target price from 340p to 330p, while staying with its buy recommendation.

Tipped in this weeks Shares.

Finals Wed 28 May

RNS


RNS Number : 1647I

Iomart Group PLC

28 May 2014








28 May 2014

iomart Group plc

("iomart" or the "Group" or the "Company")

Final Results for the Year ended 31 March 2014



iomart (AIM:IOM), the cloud computing company, is pleased to report its consolidated final results for the year ended 31 March 2014.



FINANCIAL HIGHLIGHTS



· Revenue growth of 29% to £55.6m (2013: £43.1m)



· Adjusted EBITDA1 growth of 43% to £23.6m (2013: £16.5m)



· Adjusted profit before tax growth2 of 37% to £14.6m (2013: £10.7m)



· Adjusted basic earnings per share3 from operations increased by 29% to 10.95p (2013: 8.46p)



· Cashflow from operations increased by 62% to £24.0m (2013: £14.8m)



· Adjusted EBITDA1 margins increased to 42% (2013: 38%)



· Proposed final dividend increased by 25% to 1.75p per share (2013: 1.40p per share)

OPERATIONAL HIGHLIGHTS



· Increased European footprint and dedicated server expertise through the acquisition of Redstation Limited for a maximum consideration of £8.1m



· Acquired major presence in the Cloud backup and disaster recovery market through the acquisition of Backup Technology Holdings Limited for a total consideration of £23.0m



· Completion of fit out of around 600 racks of datacentre space in Maidenhead



Statutory Equivalents



The above highlights are based on adjusted results. A full reconciliation between adjusted and statutory results is contained within this statement. The statutory equivalents of the above results are as follows:



· Profit before tax growth of 12% to £9.7m (2013: £8.7m)

· Basic earnings per share from operations increased by 6% to 7.30p (2013: 6.91p)





1 Throughout this statement adjusted EBITDA is earnings before interest, tax, depreciation and amortisation (EBITDA) before share based payment charges and acquisition costs. Throughout this statement acquisition costs are defined as acquisition related costs and non-recurring acquisition integration costs.

2 Throughout this statement adjusted profit before tax is profit before tax, amortisation charges on acquired intangible assets, shared based payment charges, mark to mark adjustments in respect of interest rate swaps, the accelerated write off of arrangement fees on the bank borrowing facilities which were repaid early during the year and acquisition costs.

3 Throughout this statement adjusted basic earnings per share is earnings per share before amortisation charges on acquired intangible assets, shared based payment charges, mark to mark adjustments in respect of interest rate swaps, the accelerated write off of arrangement fees on the bank borrowing facilities which were repaid early during the year and acquisition costs, including the taxation effect of these.





Angus MacSween, CEO commented,



"We continue to be well placed to deliver an ever wider range of cloud services to our increasing customer base. With our growing reputation and ongoing investment in leading edge technologies alongside our own development skills, we are well positioned for further significant growth. I look forward, once again, with confidence to the year ahead

------------------------------------------------------------------------------------------------
Iomart Group: FinnCap lowers target price from 330p to 325p and maintains a buy recommendation.

Naked Trader today - Anyway one looked interested to me and that is cloud computing group Iomart (LON:IOM) - it carries a bit more risk than my usual ones as it is tech related and can be volatile, moving fast.

Still, I have taken that risk and bought some at 206 yesterday.

Its last statement was bullish so I have added them on some recent weakness in the share price. For a high tech share they are not on a massive rating and at least there are real profits which are climbing sharply. My plan is to hold onto them unless the price dips well below 200p in which case would probably sell and take a small loss and try an entry price lower down sometime.

Iomart rejects two approaches

Host Europe Holdings, a company controlled by funds managed by Cinven Capital Management (V) General Partner (of which Cinven Partners LLP ("Cinven") is the adviser) has announced that it is considering a possible offer for iomart.

Iomart has said that twice in June the independent directors received approaches from Cinven regarding possible cash offers for the company at levels of 275p and 285p per iomart share respectively.

They concluded that both offers undervalued iomart and both were rejected.

At 11:55am:
(LON:IOM) Iomart Group PLC share price was +21p at 256p

24 Jul SP Angel 300.00 Buy

Steven Frazer
‏@SharesMagSteve Iomart #IOM Confirms Cinven 275p & 285p offers rejected June, gotta be talking 375p-400p min, P/E Mar'16 15x... zero premium now, deserved

25 Jul finnCap 325.00 Buy