AIM company Monitise, previously mentioned here and here are due to announce their final year trading figures in an update tomorrow. Given the numbers in the recent trading update, the market is probably not expecting any surprises, at least on the downside, when the final figures come in. As can often happen with smaller companies a good statement can see the share price rise rapidly while a bad one can see it quickly go the other way.
Smaller companies sometimes have the habit of disappointing often at the last minute, there's no reason to believe that will happen with Monitise, most of the news flow has been fairly positive recently. It will be interesting to see if they have anything new to say, additional contract wins, ahead of expectations, etc.
So far Monitise hasn't made a profit, we may well find out more tomorrow as to when that might be.
Update:
ReplyDeleteResults more or less seem to be in line with what was expected.
There is to be a video presentation of their results posted on the company website in the next day or so. For those interested, you may have to sign up/in to see it though.
Results can be seen here;
http://www.digitallook.com/news/rns/20337835-233171/MONI-Preliminary_results_html