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Kainos Group plc is a publicly traded software company headquartered in Belfast, Northern Ireland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. As of June 2018, Kainos’ market capitalization was £834 million.
The Kainos share price is up today after the company announced strong financial results for the first half of the year. Revenue for the period was up 16% to £107.8 million, while adjusted EBITDA rose by 19% to £23.5 million. This enabled the company to declare an interim dividend of 1.7p per share, up from 1.5p last year.
Commenting on the results, Kainos CEO Brendan Mooney said: “I am delighted to report another period of strong growth and profitability for Kainos.” “Our success is driven by our continued focus on executing our strategy and delivering value for our customers.” “We are making excellent progress in expanding our international footprint and winning new logos across all geographies.”
Kainos Share Price Forecast
The Kainos Group plc (LON: KNOS) is a provider of digital services and platforms. The company operates in three segments: Digital Services, Enterprise Software, and Training.
The Digital Services segment provides design, development, and consultancy services. The Enterprise Software segment offers products and services that enable the creation, management, and secure sharing of digital information for enterprise customers. The Training segment provides online training courses for software products.
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Is Kainos a Buy?
Kainos Group PLC is a United Kingdom-based global provider of digital services and platforms. The Company’s segments include Digital Services and WorkSmart. The Digital Services segment provides software development, user experience design (UX), and content management services to the public sector, healthcare and commercial organizations in the United Kingdom, Europe, North America and Australia.
The WorkSmart segment provides enterprise resource planning (ERP), SharePoint, document management, case management solutions and other associated professional services to public sector organizations primarily in the United Kingdom. Kainos Group PLC was founded by John Kainos in 1986.
Is Kainos a Public Company?
Yes, Kainos is a public company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
When Did Kainos Go Public?
Kainos went public on the London Stock Exchange in February 2014. Prior to this, the company had been a private limited company.
Kainos – Financial Analysis: High margins and lots of cash – what’s not to like?
Conclusion
Kainos Group plc is a United Kingdom-based company, which provides software solutions. The Company operates in three segments: Digital Services, Evolve, and Software Solutions. The Company’s Digital Services segment provides digital services, including user experience (UX), design and development, web content management (WCM), eCommerce platforms and online customer self-service to public sector organizations in the United Kingdom.
The Evolve segment offers enterprise resource planning (ERP) software for educational institutions in the United Kingdom.
