Wonderful cash flow | AIM newcomer | Director buying
2022 has been torrid year for new issues on AIM so it’s great to see London's growth market finally welcome a new admission, the first in a while. Elsewhere, there were encouraging results from one of AIM’s largest companies, which continues to generate plenty of cash, while a Director of another AIM company has displayed his confidence with a big share purchase.
Wow, a newcomer to AIM! Smarttech247 Group(AIM:S247), a provider of AI enhanced cybersecurity services, has braved the treacherous equity market and joined AIM. It looks an interesting offering. With its head office located in Cork, Republic of Ireland and a client base predominantly in Europe and the USA, Smarttech247 provides security solutions to a growing list of blue-chip clients utilising an automated Managed Detection and Response Platform. The Group's services target proactive prevention for clients and utilise the latest methodology in cloud, big data analytics and machine learning, as well as incident response teams, to protect enterprises as they migrate…