Electric Word swings to profit as it slims down operation

14th Feb 2017 13:05

(ShareCast News) - Specialist information business Electric Word posted its audited results for the year to 30 November on Tuesday, with group profit for the year of £9.2m- swinging from a £2.3m loss - including a £10.7m profit from discontinued operations. The AIM-traded firm reported £13.9m net ca

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Electric Word signals smaller-than-anticipated loss

20th Dec 2016 15:03

(ShareCast News) - Electric Word issued an update to its trading on Tuesday, following the end of its financial year to 30 November. The AIM-traded company said that, following the disposals of Optimus Education and Speechmark in November, the continuing business of the group now comprised SportBusi

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Electric Word sells loss-making speech and language therapy publisher

15th Nov 2016 11:32

(ShareCast News) - Electric Word has sold the trade and certain assets of its loss-making speech and language therapy publishing business for £1.85m. The AIM-listed company sold its subsidiary, Speechmark Publishing, to Informa UK, which is trading as Taylor Francis Group, with £1.66m payable on

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Electric Word offloads Optimus Professional Publishing

2nd Nov 2016 09:36

(ShareCast News) - Electric Word announced the sale of a subsidiary on Wednesday - Optimus Professional Publishing - to Prospects Education Services. The AIM-traded company said Optimus is part of its education division and provides live events and online training for leaders in UK schools to suppor

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Electric Word interim losses widen, revenue flat

23rd Aug 2016 10:08

(ShareCast News) - AIM-listed specialist information business Electric Word reported a widening of its losses in the first half as revenue remained flat. In its interim results to the end of May, the company said revenue was flat at £3.2bn while adjusted losses before tax came in at £986m from £916

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Electric Word reports 75% increase in full year earnings

6th Apr 2016 14:11

(ShareCast News) - Specialist business information group Electric Word reported a 75% increase in earnings in the full year following the disposal of a number of divisions. The company, which specialises in the education and sports sectors, posted adjusted earnings before interest, tax and amortisat

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Electric Word sells Radcliffe Publishing to Informa for £1m

19th Jun 2015 13:22

Electric Word said on Friday that it has disposed of the trade and certain assets of the company's subsidiary, Radcliffe Publishing, to Informa UK for £1m. The consideration is being paid in cash and comprises £1m less a £43,061 adjustment for deferred revenue at completion, with £856,939 payable on

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Electric Word losses widen, upbeat outlook

19th Aug 2013 07:22

AIM-listed specialist media business Electric Word reported deeper losses for the interim period to the end of May as it injected money in product development, sales and marketing at its three main divisions. The group, which provides training services for the education, healthcare and sport secto

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London pre-open: Markets to open little changed

24th Dec 2012 07:39

City sources predict the FTSE 100 will open down two points from Friday's close of 5,940, with light volumes of trading expected as investors wind down for the Christmas bank holidays. UK markets are only open for a half day today, closing at midday. Although the market´s moves are expected to be

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Electric Word trading in line

24th Dec 2012 07:18

Electric Word, which provides training services for the education, healthcare and sport sectors, said following its fundraising in August, trading is in line with company expectations. In its update ahead of its results for the year ended November 30th 2012 the group, which provides specialist info

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Electric Word raises £1.3m via share offer

20th Aug 2012 07:35

Electric Word, which provides training services for the education, healthcare and sport sectors, reported a decline in half year adjusted pre-tax profit as it announced plans to raise £1.3m through a share placing. It announced a placing of 88.3m ordinary shares at 1.5p per share to raise gross pro

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London close: Footsie finishes just shy of 6,000

15th Apr 2011 16:52

Footsie finished on or around its high point for the day but just shy of the 6,000 level. Risers outnumbered fallers by about three to one among FTSE 100 constituents, with resource stocks featuring prominently among the laggards. Real estate investment trusts British Land and Land Securities led

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Electric Word snaps up NHS software firm for £2.2m

15th Apr 2011 15:01

Sports and education information publisher Electric Word is buying NHS software provider Ikonami for a maximum consideration of £2.2m. "With the acquisition of Ikonami we are extending further into the Healthcare sector - an area which is evolving and for which there is significant government fundi

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Electric Word improves margins

7th Jul 2010 18:10

Education and sport information publisher Electric Word has improved its margins thanks to cost cutting. Electric Word has reduced costs with marketing spending falling most sharply. The company has still been investing in new projects so it is not harming its longer-term prospects. Part of the re

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UK SMALLCAP ROUNDUP: Photo-Me Eyes "Futuristic" Photos Boost

7th Jul 2010 16:00

Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PHOTO-ME INTERNATIONAL PLC (PHTM.LN), a photo booth operator, said a significant proportion of future revenue is set to come from its "futuristic" photo boot

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