iomart (AIM:IOM) – decent results and terrific cash generation
Following yesterday’s news of an acquisition the cloud hosting company delivered decent results for the 6 months ending 30th September 2015. This business is all about reliability of recurring revenue and cash flow in a market that is evolving extremely rapidly.
iomart Group enables businesses and organisations to operate their online data and IT environments safely and securely. Headquartered in Glasgow, Scotland, iomart partners with leading vendors such as VMware, Amazon, EMC, Microsoft, Asigra, Arbor and Dell to offer customers a centrally managed, controlled and completely agnostic set of hybrid, private and public cloud platforms. The Group owns a global network and datacentre infrastructure and can support any customer who wishes to move seamlessly between any…
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