RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM has stressed that its £60m-revenue edtech arm, RM Technology, is in line to record growth in its current financial year despite news of problems elsewhere in its business knocking up to a third ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
Adarma secures £2m grant to create jobs and bolster cybersecurity offerings

Adarma secures £2m grant to create jobs and bolster cybersecurity offerings

The funding was awarded from the Scottish Enterprise

clock 05 October 2022 • 1 min read