Positive trading updates | A hit in Japan | AIM new arrival
Several of AIM’s high-quality companies issued encouraging trading updates which we cover here and there is also an interesting new arrival to consider in the building materials sector.
Craneware: looking good in US healthcare Craneware (LON: CRW), the market leader in Value Cycle solutions for the US healthcare market, expects to report a 40% increase in New Sales to over $42m (FY20: $30.4m) for its financial year ending 30 June 2021. In accordance with its revenue recognition policy, the majority of the revenue resulting from both new sales and existing contract renewal will be recognised over future periods, offering excellent long-term visibility. Total Revenue and adjusted EBITDA for the year is expected to have increased by greater than 5% and 6% respectively (FY20: Revenue $71.5m: adj. EBITDA $25.2m)…