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Sopheon april 2023

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  1. marblesthegame 31 maart 2023 18:14
    Sopheon PLC
    31 March 2023

    For immediate release

    SOPHEON PLC

    Issue of Equity

    Sopheon, the InnovationOps software company, announces that following the exercise of options by certain employees it has allotted 3,500 new Ordinary Shares of 20 pence each in the Company ("Ordinary Shares") which have been purchased by the Company's Employee Benefit Trust.

    Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 5 April 2023.

    The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares. The total number of Ordinary Shares in issue following Admission will be 10,634,892. The Company does not hold any shares in treasury. Accordingly, the figure of 10,634,892 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
  2. marblesthegame 24 april 2023 18:22
    www.finncap.com/news-events/finncap-t...

    Hopefully we all know never to fight a land war in Asia, nor mess with a Sicilian when death is on the line (usually), as history doesn’t just rhyme, it repeats itself. Hitler didn’t learn from Napoleon; Harry and Meghan seem oblivious to the scorn and antipathy generated by the arrogance and entitlement of Edward VIII and Mrs Simpson – experience matters.

    It feels pessimistic to always find the negative repetitions, and God knows we don’t need any more pessimism given the flock of black swans which have glided into view since March 2020, whether landing on the banks of Silicon Valley, or the Trussonomic peaks of inflation.

    To that end, I’m casting my mind back to Autumn 2017: a company intending to dominate its software niche, and whom we’d represented since 2008 had grown significantly, and achieved ARR of around £23m; constant currency organic revenue growth of 10%; reported recurring revenue £20m, equivalent to c60% of group revenue; a focus on SaaS, and a drive to M&A. In 2012 it had moved to AIM at a market cap of c£10m, and developed an initial base of institutional investors: many more followed and did well. The company sold to PE for £1.1bn in 2022.

    This week a company reported results: this company intends to dominate its software niche, and reported ARR of $24m, with constant currency organic revenue growth of 10%. It reported recurring revenue of about 60% of group revenue; a focus on SaaS, and a drive to M&A. It had delisted from a joint listing on Euronext in 2015 at a market cap of £3m, after which we were able to tidy up and develop an institutional register. The market cap has since grown 20-fold.

    Sound familiar? The comparison is between Ideagen and Sopheon [SPE]: having found greenfield territory to dominate with a full suite solution, and a product which simplifies otherwise significant operational challenges, Sopheon is driving to succeed, organically and through M&A, in InnovationOps (management and co-ordination of globally disparate teams involved in innovation for likes of Mondelez, Honeywell and 3M – see the new finnCap Tech Hub demo here) – and to cap it all Barney Kent, a strikingly good look alike for Matt Bellamy of Muse but more importantly COO of Ideagen 2012-2021, is on the Sopheon board as NED, to bequeath his obvious experience.

    Rhyme or repeat? Doesn’t really matter – Sopheon has proved it has risen to the challenges it set itself 2 years ago with a new CEO, and given confidence to its expectations to double revenue every 3-5 years (just as Ideagen did every 3 years).
  3. marblesthegame 26 april 2023 18:17
    www.globenewswire.com/news-release/20...

    Look Left Marketing Wins Two Hermes Creative Awards For 2023

    The company earned the Platinum Award for its SEO work with client Sopheon. The SEO strategy resulted in a remarkable increase in traffic to Sopheon’s website, along with raised brand awareness and a measurable cut into its competitor’s organic traffic. Results included:

    24% increase in top 20 ranking keywords
    54% increase in organic impressions
    140% increase in blog organic pageviews
    "Look Left's content and SEO expertise raised our visibility to unprecedented heights, even during a rapid product expansion and a complex website migration," Greg Coticchia, Sopheon CEO.

    The Hermes Creative Awards is one of the oldest and largest global creative competitions. It recognizes the creative industry’s best publications, branding collateral, websites, videos, and advertising, marketing, and communication programs.

    “Our team not only excels at creating clever campaigns and strategies, we also push beyond the creative to make a measurable impact for our clients to help them punch above their weight,” said Bryan Scanlon, principal at Look Left Marketing. “Campaigns like these wouldn’t be possible without the deep partnerships we have with our clients, and Aqua and Sopheon are two great examples of success we see with true collaboration.”
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