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IQGeo says orders are up 120% and a 'substantial increase in subscriptions' for H1

IQGeo Group Plc's (LON:IQG) Richard Petti discusses with Proactive London's Katie Pilbeam their interim results for the six months to June 2020. Petti explains how the company's orders are up 120% with over 90% of orders taken as multi-year subscriptions. He also notes IQGeo's product revenue increased by over 170% to £1.6m from 0.6m in 2019.

Quick facts: IQGeo Group Plc

Price: 71.5 GBX

AIM:IQG
Market: AIM
Market Cap: £35.46 m
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IQGeo looking to become cash-generative 'very soon' as it continues to grow...

IQGeo Group Plc's (LON:IQG) Richard Petti discusses with Proactive London's Andrew Scott its trading update for the six months to June 2020. He's expecting first half year-on-year growth in product orders of more than 100% and revenue for the period to exceed £4mln. Petti says their strategy of...

on 14/7/20

2 min read