Company News 

IMImobile floats higher as cloud profits soar

IMImobile floats higher as cloud profits soar

Communications software provider IMImobile (IMO) saw its gross profit increase by more than a quarter in the year to 31 March, to £79.1m, boosted by 7 per cent organic growth. This comes as the group successfully renewed all of its major contracts and secured new customer wins. Enabling digital interactions with consumers – such as automated text messages – it now has 46 clients providing more than £0.5m in annual revenue, up from 40 in 2019.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now