Aferian plc
- Market Cap (£m) 20.1
- Listing AIM
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Analysts
Company Description
Aferian, previously known as Amino, is a software-led global media technology company. The group delivers modern TV and video experiences to millions of viewers globally, via a growing, global customer base of over 500 service providers. Aferian is focused on giving consumers what they want: easy access to the TV and video content that they love. The group calls this concept TV X.0 - enhanced video delivery and consumption driven by consumer expectations. Headquartered in Cambridge, UK, the group has over 300 staff located in offices in New York, Los Angeles, San Francisco, Amsterdam, Helsinki, Madrid, Porto, Brno and Hong Kong.
Investment Summary
We believe that Aferian is well-placed to benefit from ongoing evolution in the global TV industry. The Aferian 2025 strategy is focused on capturing growth opportunities arising from the convergence of Pay-TV and streaming video services. Increasingly software-led, the group contains two (complementary) operating companies to address this growing market: 24i, which focuses on streaming video experiences, and Amino Communications, which integrates Pay-TV with video streaming services. With industry sources forecasting the global TV streaming market to double by 2025 to $167bn, the opportunity for Aferian remains vast.
Recent Content
H1 23: Improved visibility and earnings quality
31/08/2023 Aferian plc
Aferian’s H1 23 results (to 31 May) demonstrate significant improvements in both revenue visibility and earnings quality. The […]
$4m placing, FY23E guidance reiterated
25/07/2023 Aferian plc
Aferian has successfully concluded the placing of 26m new ordinary shares at a price of 12p/share, raising $4.0m […]
Trading in line; forecasts reintroduced
29/06/2023 Aferian plc
Aferian’s update yesterday, for the six months to May 2023, confirmed that trading remains in line with comments […]
Trading in-line, additional funding secured
31/05/2023 Aferian plc
Aferian’s update, released today, signals that group trading remains broadly in line with commentary in the FY22 results […]
Record software performance; hardware challenges persist but may be abating
17/05/2023 Aferian plc
Aferian’s FY22 results release heralded a record performance from the software business, while confirming that market conditions in […]
Hardware-related headwinds persist
13/03/2023 Aferian plc
Aferian on Friday provided an update on current trading, reaffirming the previous commentary around the FY22 outcome and […]
A strong end to FY22
08/12/2022 Aferian plc
Aferian has released a positive update on trading for the year ending November 2022. The group finished the […]
Customer de-stocking hits device shipments
24/10/2022 Aferian plc
Aferian has this morning given a trading update for the year to 30 November 2022. Revenue and profit […]
Strong software performance, abating headwinds in devices
23/08/2022 Aferian plc
Aferian’s H1 22 results show a strong performance from the software business, plus signs that headwinds impacting the […]
Market backdrop remains favourable
30/06/2022 Aferian plc
With the global economic situation increasingly uncertain, we have taken the opportunity to review recent industry forecasts on […]
Strong performance in software and services
14/06/2022 Aferian plc
Aferian’s update for the six months ending 31 May 2022 highlights a strong performance from the (higher margin) […]
Product suite in-fill
05/04/2022 Aferian plc
Aferian has announced a small acquisition to continue the expansion of its software suite – a business called […]
Strong FY21A performance
10/02/2022 Aferian plc
Aferian’s FY21A results release (year-ending November 2021) contains three key highlights: a strong financial performance, improved earnings quality […]
Strong trading, all key metrics ahead of FY20A
13/12/2021 Aferian plc
Aferian’s trading update for the year ending November 2021 signals the business has performed extremely strongly against a […]
Progressive presents the management team of Aferian (previously known as Amino Technologies)
10/09/2021
Strong progress towards Aferian 2025
03/08/2021 Aferian plc
Aferian’s H1 21A results for the six months to the end of May 2021 demonstrate solid progress towards […]
Positive news flow from Amino
15/06/2021 Aferian plc
Amino has announced that it is working with Hong Kong-based PCCW Media (“PCCW”) to enable its Now TV […]
Strong H1 21 trading
08/06/2021 Aferian plc
Amino’s update for the six months ending May 2021 in our view demonstrates that the group continues to […]
Strengthening the position in software
27/05/2021 Aferian plc
Amino has announced the acquisition of Danish streaming and Pay TV platform specialist Nordija A/S for a total […]
MobiTV update, placing to fund future growth
14/05/2021 Aferian plc
Amino has announced that it has been selected as the reserve bidder in the auction of the trade […]
Delivering next-gen TV in Malta and Cyprus
23/02/2021 Aferian plc
Amino has announced PayTV+ deployments for Maltese incumbent telco GO and Cablenet, the leading cable TV operator in […]
Growth in all 5 KPIs, despite COVID-19
09/02/2021 Aferian plc
Amino’s FY 20A results release (year-ending November 2020) confirms that the business performed strongly against a backdrop of […]
Company Management Team
Donald McGarva
Chief Executive Officer
Donald joined Aferian plc as a non-executive director in April 2010, becoming Chief Operating Officer in September of the same year and subsequently Chief Executive Officer in December 2011. Previously, he was Senior Vice President, Asia Pacific, for DHL, the global market leader in the logistics industry and is an internationally-minded Executive who has spent the majority of his career in Asia and the US, holding a variety of senior management positions in high growth technology, outsourcing and services companies including Fujitsu, BG Group and Celestica. Donald is an engineering graduate from the University of Strathclyde in Glasgow and commenced his career in the UK with ICL and is also a member of the Chartered Institute of Purchasing and Supply Chain (MCIPS).
Mark Carlisle
Group Chief Financial Officer & Chief Operations Officer
Mark joined Aferian plc in August 2016 and has significant experience in the leadership of public company finance teams. Prior to joining Aferian Mark was Chief Financial Officer at Crossrider Plc where he formed a key part of the team which successfully raised $75 million as part of its IPO on AIM in September 2014. Prior to this, Mark served as Chief Financial Officer of FFastFill plc, a provider of technology solutions to the financial derivatives trading industry. In addition, Mark has ten years of audit experience, gained within the Technology Media and Telecommunications practice of Deloitte, where he served from 2000 to 2010.
