Results: RM

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NEWSFLOW

RM (#RM.) – agreement to sell portion of Internet Protocol v4 addresses for $10.2m

2022-12-28 07:24:20

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RM plc – proposed disposal, ‘continuation of transformation strategy’?

RM plc (RM.) has announced “Proposed sale of the RM Integris and RM Finance Business”, emphasising “continuation of RM's transformation strategy” and helping the shares currently higher to 45p, a £37.7 million market capitalisation. So what’s the latest detail here?

By Steve Moore
2022-11-28 14:00:37

NEWSFLOW

RM (#RM.) – conditional agreement for sale of Integris and Finance business for initial £12m, up to £16m

2022-11-28 07:28:40

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RM plc – further profit warning, as warned its stated “revenue momentum” was not so “encouraging”!

In August, writing on provider of technology and services to the education sector RM plc (RM.) I argued its stated “revenue momentum” was not so “encouraging” and, with the shares down to 65p, Bargepole. Now a further trading update.

By Steve Moore
2022-10-17 11:14:29

NEWSFLOW

RM (#RM.) – continued IT implementation challenges, “significantly lower than forecast” profit warning

2022-10-17 07:39:45

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RM plc – interims, “starting to build encouraging revenue momentum”. Really?

RM plc (RM.), “a leading supplier of technology and resources to the education sector”, has announced results for its half-year ended 31st May 2022 and that it “is starting to build encouraging revenue momentum across the group which demonstrates the strength of our offer and market positioning”. So what of a share price currently of 65p, down more than 34% in response?!