Stonking Small Caps: results reassure
This rapidly growing business, the first of our Stonking Small Caps, has delivered stunning growth since listing, despite the disruption of the pandemic. While it continues to benefit from the evolutionary trends affecting the telecoms sector, notably in 5G and cloud computing, an earlier trading update reported on a more challenging short-term outlook sending the shares sharply lower. The latest full year results reassured that things have marginally improved, giving a boost to the share price. Find out more in our updated note here. (IHT qualifying)
The roll-out of 5G and the evolving nature of the telecoms market provides a highly supportive environment for this small testing business, which hasn’t missed a beat since its IPO on AIM in 2020.
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