Computime expects FY2025 to exceed IPO profit projections

The MSE Equity Price Index climbed 0.17% higher to 3780.8 points as gains in BOV, Computime, GO, and MPC outweighed declines in PG and Malita. Meanwhile, four other equities closed unchanged as today’s total value traded amounted to €0.24 million.

Computime Holdings plc closed 9.1% higher at €0.48, albeit most of the trades took place at the previous closing price of €0.44. A total of 39,950 shares changed hands. Following the close of trading, Computime published a trading update providing the key performance highlights for 2025 and its outlook for 2026. Computime explained that management information for FY2025 shows that the Group registered record revenue and record profit before tax, exceeding the profit projections published in the Prospectus dated 31 October 2024, reflecting solid execution across all divisions. The company confirmed that the profitability and cash flow generation is sufficient to support the payment of a final dividend for FY2025 in line with the projections contained in the Prospectus. In FY2026, the Group is pursuing further initiatives across all three business divisions, including two recently secured multi-year, multi-million-euro IT network contracts, which are expected to generate substantial additional revenue over a period of approximately five to seven years.

Today’s most actively traded equity, Bank of Valletta plc advanced by 1% to the €1.94 level over 13 trades amounting to 61,327 shares, accounting for nearly 50% of today’s traded value in local equities.

GO plc increased by 0.8% to the €2.52 level across eight deals totalling 31,000 shares.

Malta Properties Company plc rose by 0.6% to the €0.338 level on one deal of 5,000 shares.

APS Bank plc closed unchanged at the €0.486 level, although the vast majority of trades occurred at the €0.47 level (-3.3%).

Also in the banking sector, HSBC Bank Malta plc traded flat at the €1.43 level across two deals amounting to 6,422 shares.

Hili Properties plc (€0.24) and the ordinary shares of RS2 plc (€0.30) also closed unchanged on muted activity.

Malita Investments plc slumped by 10% to the €0.342 level across two deals totalling 8,843 shares.

PG plc shed 1.2% to the €1.61 level as 5,145 shares changed hands.

The RF MGS Index edged 0.05% lower to 904.05 points. The European Central Bank kept its interest rates unchanged, with the deposit rate facility at 2% for the fifth consecutive meeting, noting that recent eurozone growth has been stronger than expected. Policymakers indicated that inflation is likely to stabilize around the 2% target over the medium term, supported by persistently low unemployment. They also noted, however, that the outlook is still uncertain due to global trade policy risks and ongoing geopolitical tensions. Meanwhile, the Bank of England also held its bank rate steady at 3.75% but hinted at a possible rate cut in March if inflation continues to slow. In fact, the decision was narrowly split, with five policymakers voting to hold and four favouring a reduction.

This report contains only public information and is not to be construed as investment advice or an offer to buy or sell securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.

Total
0
Shares
Previous Article

The new Abe-nomics: how Japan and the US are rewriting the rules of debt

Related Posts