Focus on the cash flow
Results and updates from AIM companies covered here extend from the fast growers to some very modestly valued companies, at the earnings level at least. However, as we have remarked on numerous occasions, it’s often important to ignore the 'adjusted' earnings waffle and focus on the cash generation, as you can discover here.
Adept Technology: dividend boost, but… AdEPT (AIM: ADT), a provider of managed IT services issued an AGM trading update suggesting that trading is better than its lowly valuation suggests, however, there are a few issues to consider as we consider here. A new strategic alliance with Canon, will see AdEPT's IT Services being promoted alongside Canon's capabilities into their UK accounts. This will be taken to market as 'Canon IT Services, powered by AdEPT' and is anticipated to open up significant new opportunities for the AIM company. Management also commented on the announcement in March 2022 by the then Education…