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Idox - Looks like start of eps upgrade cycle

July 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • IDOX
  • Price:
  • 64p
I am coming round to the view that Idox is about to enter the most exciting phase in its corporate life. Phase one was when the company was set up in 1996 as a supplier of electronic document and records management systems (EDRMS) to local authorities.  As recently as 2003 it would have looked like the group was struggling.Phase two started in 2006 when it diversified by acquisition into application software for the local authority market and emerged a substantial provider of software solutions to them. These systems were  ideal applications of the EDRMS document storage and retrieval functionality. Feeling it was overexposed to the UK, however, Idox then moved into Engineering Information Management solutions in the utilities and ...

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