Technology
LoopUp Group plc
Analysts
Company Description
LoopUp is a Cloud communications platform for premium external communications for business users. Its key platform capabilities comprise Cloud telephony via Direct Routing integration with Microsoft Teams, remote meetings, and managed events. It acquired MeetingZone, a UK-based conferencing services provider, in 2018. LoopUp's customers benefit from a global fully-managed service, and an emphasis on security, reliability and simplicity. Its customers number over 5,000 organisations worldwide, including more than 20 of the world's top-100 law firms. The group is headquartered in London, with offices in San Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and Barbados
Investment Summary
LoopUp has seen good traction with enterprise customers, and its process-centric and team-based sales approach lends itself to rapid scaling. LoopUp has managed its way through the challenges and opportunities brought about by COVID-19, and has a strong cash balance, a reinvigorated product line-up and some promising pipeline opportunities. It is currently in a period of transition, as the group evolves and continues promoting its Cloud Telephony offering within Microsoft Teams, both selling directly to enterprise customers and indirectly via the large Microsoft partner ecosystem. Meanwhile, the original LoopUp product has continued to evolve, with customers tending to prefer committed-term contracts that provide the group with good margins. It also remains active in the area of high-end webcasts and managed online events.
Recent Content

A year of transition
30/03/2021 LoopUp Group plc
LoopUp has managed its way through the challenges and opportunities brought about by COVID-19, and exits 2020 with […]

Non-core revenue drags run-rate down
27/11/2020 LoopUp Group plc
LoopUp has published a trading update detailing a modest miss for FY20, but a materially lower-than-expected run rate […]

Confirmation of stellar H1
23/09/2020 LoopUp Group plc
LoopUp has announced a very strong H1 period, in line with the previous trading update and reflecting a […]

Teams spirit
06/08/2020 LoopUp Group plc
LoopUp recently unveiled a major extension to its ambitions – the group is aiming to become a leading […]

Exceptional performance
16/07/2020 LoopUp Group plc
LoopUp has delivered a trading update for H1, highlighting some exceptionally strong activity during the COVID-19 lockdown period, […]

Powering on
24/06/2020 LoopUp Group plc
LoopUp has provided an update on trading to coincide with today’s AGM…in essence, the group continues to see […]

Focus and execution
11/05/2020 LoopUp Group plc
LoopUp recently updated on the first four months of 2020, which have seen an exceptional level of customer […]

Beneficiaries of change
06/05/2020 LoopUp Group plc
LoopUp has announced a trading update for the period to April 2020. The group has seen very strong […]

Solid progress but headwinds remain
22/10/2019 LoopUp Group plc
LoopUp announced a decent set of interim results for the six months to June 2019. The group is […]

Double (near term) jeopardy
04/07/2019 LoopUp Group plc
LoopUp has issued a trading update, highlighting two specific challenges which impact near-term revenues. Firstly, there has been […]