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Galasys Ord Npv

17:15 on 22/09/2016

Current Price 25.00p | Bid 0.00p | Ask 0.00p | Change 0.00%

Company Overview

Galasys plc is an Amusement Park solutions and services provider that supplies ticketing management systems to Amusement Parks in China and Malaysia and has been operating since 2005. Through its proprietary systems, the Group provides Amusement Park operators with the ability to manage and analyse tickets, visitors, merchandise sales and other Amusement Park operations at their Amusement Park sites. The Directors believe that the Group's market position in China has been the culmination of a proven and reliable technology platform and long lasting relationships with Amusement Park operators, for example, Chimelong and OCT Group, which are two of the largest Amusement Park operators in China by numbers of tickets sold annually. In addition, the Directors believe that the Group is well placed to benefit from continued urbanisation and growth in China, in particular through the unique drivers of the Chinese Amusement Park industry, whereby real estate developers use Amusement Parks as a means of generating demand from prospective real estate buyers. The Group intends to strengthen its position in the Asian region by increasing its product offering to current Amusement Park operators, gaining new Amusement Park operators as customers and by entering into new markets. Progress has already been made in Japan following the execution of a reseller agreement in March 2014 with Hitachi Sunway, a joint venture between Hitachi (one of the leading technology companies in Japan), and Sunway group (a conglomerate in Malaysia).

Stock Details

EPIC GLS
ISIN JE00BKWBXC36
Shares in Issue 76,556,693
Market cap £ 19.52m
Sector Software & Computer Services
Indices

Financial Highlights Year Ended 31/12/2015

Turnover £51.36 million
Operating Profit £12.22 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio 2.67
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Price Summary

Mid Price ? 0.00p
Bid Price ? 0.00p
Ask Price ? 0.00p
Volume ? 0
Change Today 0.00p
% Change Today 0.00%
Open 0.00p
Previous Close 25.50p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 33.00p
52 Week Low 12.50p

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