Edison Investment Research - Monitise PLC (MONIF) Flash note: Strategic review complete; back to business

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Edison Investment Research

Flash note: Strategic review complete; back to business

The strategic review is complete and the company has decided to move forward as an independent company. As a result of the review, the company is making changes to management and further streamlining operations to accelerate the path to profitability. If the company can achieve its reiterated EBITDA and capex targets for FY15 and FY16, it should have sufficient funds to reach break-even and beyond.

25/03/2015 3 EN

Underlying

Monitise PLC

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GB00B1YMRB82 United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Flash note: Strategic review complete; back to business

Ford Equity International Rating and Forecast Report

Update: Termination of coverage

Update: Business resized; fully focused on cloud platform

Basilea Pharmaceutica - Cresemba milestone payments continue to roll in

AAC Clyde Space - Solid start to the year with further order growth

Tinexta - Typical seasonality in Q124

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