Iomart Group

AIM-listed Glasgow cloud services company iomart Group has issued a trading update suggesting a solid set of full-year financial results for the year ended 31 March 2024. This update comes ahead of full year results on 11 June 2024. For the year, the group expects to report revenue growth of 10% to

Glasgow-based cloud computing firm Iomart has announced a sudden leadership shake-up, with chief executive Reece Donovan stepping down and leaving the company effective immediately. Mr Donovan, who joined the board in March 2020 as chief operating officer before assuming the role of CEO in September

Glasgow-based cloud computing firm iomart has acquired Oxford-based Microsoft Azure Cloud solution services provider Extrinsica in a deal worth £4.3 million. The deal, which includes an initial consideration of £4m with potential for an additional £0.3m pending specific customer ta

Despite a decline in profits due to increased energy costs, iomart Group has said it expects to report record revenues of £115 million in its June full-year financial results. In its latest trading update, the Scottish cloud computing firm estimated adjusted EBITDA to be at £36.2m, and a

Cloud computing company, iomart Group, has announced the appointment of Lucy Dimes as independent non-executive chair of the company, with effect from the closing of the AGM on 30 August 2022. This follows the decision of current chair, Ian Steele, to not to stand for re-election.

Dundee-based cloud computing company iomart Group has posted its full year results for the year ended 31 March 2022, revealing an 8% decline in revenue from £111.9 million to £103m. However, the firm stressed that it continues to "benefit from a robust business model delivering

Dundee-based cloud computing company iomart Group has posted its pre-close trading statement for the year ended 31 March 2022, revealing that the group expects to report revenue of approximately £103 million, compared to £111.9m in 2021. The firm has also revealed an adjusted p

Glasgow-based iomart Group plc, the cloud computing and managed services company, has appointed Ben Savage as its new chief commercial officer. Mr Svage boasts more than 25 years’ experience working across a range of technology-based sales leadership roles. He has also worked for organisations

Dundee-based cloud computing company iomart is targeting £200 million in revenue within the next five years as it announced a trading update yesterday. During a virtual Capital Markets Day event, executives at the firm explained how the business would expand its solutions, service, skills and