17 July 2017
StatPro Group PLC
Half year trading update and notice of results
StatPro Group plc, (AIM: SOG, “StatPro”, “the Group”), the leading provider of portfolio analysis and asset pricing services for the global asset management industry, will be publishing its results for the six months to 30 June 2017 on 2 August 2017.
- Trading in the first half of the current financial year in line with expectations
- Group Annualised Recurring Revenue (“ARR”) up 47% to approximately £53.2 million (H1 2016: £36.2 million)
- 82% of Group ARR for software comes from SaaS solutions (H1 2016: 74%)
- Integration of UBS Delta progressing well
A presentation for analysts of the interim results will be held at 9.30am on 2 August 2017 at the offices of Instinctif Partners, 65 Gresham Street, London, EC2V 7NQ.
|StatPro Group plc|
|Justin Wheatley, Chief Executive||+44 (0) 20 8410 9876|
|Andrew Fabian, Finance Director|
|Panmure Gordon – Nomad and Broker|
|Corporate Finance – Freddy Crossley / Fabien Holler||+44 (0) 20 7886 2500|
|Corporate Broking – Tom Salvesen|
|Adrian Duffield / Kay Larsen / Chris Birt||+44 (0) 20 7457 2020|
StatPro is a global provider of award winning portfolio analytics solutions for the investment community. The Group’s cloud-based platform provides vital analysis of portfolio performance, attribution, risk and compliance. This multi-asset class analytics platform helps StatPro’s clients increase assets under management, improve client service, meet tough regulations and reduce costs.
The Group’s integrated and global data coverage includes over 3.2 million securities such as equities, bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides. StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the open source Freedom Index.
StatPro has grown its Annualized Recurring Revenue from less than £1 million in 1999 to around £53 million today. The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of clients in 39 countries around the world. Approximately 80% of recurring revenues are generated outside the UK. StatPro Group plc shares are listed on AIM.