Added to YB: 2025-10-01
Pitch date: 2025-09-26
IOM.L [neutral]
iomart Group plc
+6.82%
current return
Author Info
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Company Info
iomart Group plc engages in the provision of cloud and managed hosting services in the United Kingdom and internationally.
Market Cap
GBP 20.1M
Pitch Price
GBP 0.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.56
P/E
-0.36
EV/Sales
0.85
Sector
IT Services
Category
N/A
AIM A-Z Part 17: Quality Serial Acquirer, Special Situations and Public Transport - Pass: Iomart Group
IOM.L pass: £18M cloud managed services provider (Azure/VMware focus) hit by £53M goodwill impairment from customer churn. Acquired unprofitable Atech for £57M (50% market cap). Net debt 4x operating cash flow. FY26 expects £4M cost savings, Q1 net positive bookings. Gresham House increased stake 20%→30%. Poor capital allocation history.
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