reports
Outlook: Big data analytics software specialists
IS Solutions (ISL) has undergone a significant transformation into a data solutions business over the last year, having acquired the enterprise software company Celebrus Technologies for c £8.5m in early 2015. Trading has been buoyant, with a string of upgrades, driven by strong demand for the group’s analytics offerings, which now represent more than 70% of the business. Despite the recent outperformance, we believe the shares continue to look attractive on c 16x FY17e P/E, given the relatio...
Outlook: Analytics continues to drive the growth
IS Solutions continues to benefit from the strong demand for web/big data analytics, having established its position as a systems integrator and managed service provider in the web analytics market over the last c 20 years. FY13 numbers were broadly in line with our forecasts, supported by a strong H2 performance, which was expected. However, we have eased our revenue and PBT forecasts, due to the declining US$/£, which reduces the group's day rates in sterling terms. In our view, the c 14x FY1...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.