Published on: July 12, 2016
In-line interims, forecasts increased
Amino has announced interim results in line with management’s expectations. Key metrics demonstrated impressive growth, with revenue up 84% YoY and adjusted PBT up 40%, reflecting the first-time consolidation of Entone and Booxmedia. Cash generation was strong, with a £3.1m closing net cash position. The group reported solid operational progress during the first half and a record order book gives confidence in the outlook for the second half. We make upward revisions to estimates.