Uncertain recovery at accesso

Digital ticketing technology provider accesso Technology (LON: ACSO) is reporting interims on Wednesday 16 September. The short-term outlook remains tough because of the focus on visitor attractions.

The first half is always weaker because of the geographical spread of clients and lack of revenues due to COVID-19 will make it even worse. First quarter revenues were 12% lower, while April revenues were four-fifths lower.

That is why £39m was raised from a placing and open offer at 290p a share during May. There was an initial share price recovery, but it has fallen back to 280p.

The in...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.