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The shares continued to snake upwards helped by a year end update. Demand in public sector digitisation where Kainos is a bodyshop supplying workers to handle the digitisation of key government web services has been the main driver with the addition of 216 staff in the year to take the total to 975. Brexit should have a positive impact as most g... ...
I’m not going to attempt to mark Kainos out of ten for issuing newsflow - it tends to keep its light hidden under a bushel and doesn’t often announce contract wins. In that context it’s been pleasing to see an unexpected trading update, which said its Digital Services side (its largest division) remains full steam ahead, with n... ...
Results were in-line whilst the element of sales from owned software continues to grow, although it might not be entirely apparent given that Kainos’ software sales are now SaaS based - therefore despite a total initial contract value of £8.6m from new contracts (new Evolve SaaS solution and Worksmart) only £1.7m of related rev... ...
The well attended investor teach-in provided a chance to meet divisional management and leading the presentation was chief executive Brendan Mooney, who noted that all three divisions have picked up speed recently. Overall, repeat and recurring revenue now stands at a mouthwatering 88.7% of sales. With a rising portion of sales coming from softw... ...
Also on Budget day, Kainos issued its update. The business that is digitising various government services has seen a stronger H2 across several departments including the UK’s Ministry of Justice and Office of National Statistics.In healthcare, Evolve has seen new wins including InTouch Health, a leading provider of telehealth solutions, wh... ...
Kainos’ maiden interims showed the company continued to rapidly scale up its headcount, with 60 new staff joining, taking the total to 788 at 30 September. The keynote is that it takes time for new hires to get trained and accredited and this has resulted in more staff being underutilised (72% utilisation achieved down from 76%) although r... ...
Kainos has announced it has developed a new mobile-enabled healthcare platform to enhance patient care using mobile applications on iPhone, iPad and Apple Watch. We presume the latter is a move into wearables, which are increasingly used to collect and transmit health or fitness data directly from the user's body and also for communicating n... ...
Kainos, which joined the Full List last month, has a substantial and fast growing business opportunity supplying Central Government departments, the NHS and also private sector businesses with a wide range of IT solutions tailor-made for a digital world. It has already been involved in writing the software for several of the government’s o... ...