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Hold on tight at accesso

Virtual queuing company accesso made inroads in Asia and Europe last year, and secured several big contracts in North America
March 26, 2014

International expansion and large client wins drove a 52 per cent increase in adjusted operating profits at online ticketing and queuing software group accesso Technology (ACSO) over the 12 months ending 3 November 2013. A change in the year-end to 31 December brought extra amortisation of newly acquired intangible assets, resulting in the fall in reported profits.

IC TIP: Hold at 705p

Formerly named Lo-Q, accesso saves guests from standing in line by providing a digital countdown to when they can use an attraction, and even lets them skip the queue - for a price. Its technology continued to make waves last year, winning over two of America's largest water parks, Raging Waters and Noah's Ark. This year, its mobile product Qsmart has already secured its first Asian client, a Malaysian theme park opening next year.

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