Vitesse Media

VIS: 2.01 0.25 (▲12.50%)

Delayed:2017-08-18 16:57:04
Bid Price 2.00 High Price 2.25
Ask Price 2.50 Low Price 1.86
Open Price 2.00 Spread 22.22%
Prev Close 2.25 Volume 636,072.00

Vitesse Media Share Price Chart


Historic - 1 year

Vitesse Media Share Price Information

Name Vitesse Media Epic VIS
Sector Media ISIN GB0006563406
Activites Vitesse Media plc are the leading specialists in growth businesses – entrepreneurs, their investors, advisers and suppliers. Vitesse Media offers award-winning publications, fast-growing websites, exciting events and much-acclaimed research. Our flagship titles include, Growth Company Investor, Information Age,, What Investment, Business XL and M&A magazine. Its intention is to grow our business fast through the development of innovative products and the acquisition of products and businesses in its fragmented b2b space. Vitesse Media is quoted on AIM. Security Type Equity

Key numbers

Latest Share Price (p) 2.25 Net Gearing (%) 38.91
Market Cap (£m) 1.29 Gross Gearing (%) 43.39
Shares in issue (m) 64.56 Debt Ratio 0.00
P/E Ratio -6.25 Debt-to-Equity Ratio 0.00
Divs per share (p) 0.00 Assets / Equity Ratio 1.77
Dividend Yield (%) 0.00 Price to book value 0.88
Dividend Cover 0.00 SROCE (%) -14.38
Earning per share (p) -0.32 EPS Growth (%) 20.00
52-week high / low (p) 5.00 / 1.63 DPS Growth (%)

Vitesse Media Broker Views

Date Broker Rec. Price Old target price New target price Notes
25 Jun Westhouse Securities Buy 2.01 6.40 Under Review
18 Apr Westhouse Securities Buy 2.01 6.40 6.40 Reiterates
14 Feb Cantor Fitzgerald Add 2.01 10.00 10.00 Reiterates
09 Nov Cantor Fitzgerald Add 2.01 10.00 Retains

Vitesse Media Director Deals

Vitesse Media Company News

Vitesse Media losses widen

Vitesse Media has reported an operating loss before non-recurring costs in the 14-month period to 31 March 2017 of £12k (prior year: £7k).

Total Normalised Revenue increased by 26% in the 14-month period to £2,688k (prior year: £2,130k) and events revenue increased by 45% to £1,263k (prior year: £870k).

Gross profit margin in the 14-month period reduced to 65% from 70% in the prior year due to higher revenue in the Events division, which generally has slightly lower margins than the traditional media mix of business in Vitesse.

At 1:50pm: (LON:VIS) Vitesse Media PLC share price was +1p at 2.88p

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Vitesse Media appoints new CEO

Vitesse Media has announced the appointment of Simon Stilwell as Chief Executive Officer.

In addition, Niki Baker, formerly Chief Executive Officer, has been appointed as Managing Director, Events/Marketing of the Company with immediate effect to focus on expanding the Company's events business.

At 1:28pm: (LON:VIS) Vitesse Media PLC share price was +1p at 2.88p

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Vitesse Media updates on interim board changes

Vitesse Media said executive chair Chris Ingram has been taken ill and is expected to take some time to recover. While he would remain in contact with the business, the board considered it prudent to appoint an interim chair.

David Smith, a long-standing Non-Executive Director of the Company, has agreed to act as interim Non-Executive Chairman. He will be supported by Niki Baker, Chief Executive Officer, and Keith Willey, a Non-Executive Director.

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FLASH: Vitesse Media updates on interim board changes

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Vitesse's loss

Vitesse Media has substantially reduced its H1 pretax loss to £69,000m, from a loss of £125,000.

"The Board remains confident that the company will return to making a profit this financial year which we appreciate is long overdue. This is in an extended financial period," Vitesse said.

"We plan both organic and buy-and-build growth as part of our future strategy to create greater scale for the company." Story provided by