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Altitude Group plc (GB:ALT)
:ALT

Altitude (ALT) AI Stock Analysis

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GB

Altitude

(LSE:ALT)

Rating:75Outperform
Price Target:
Altitude Group's strong financial base and positive corporate events drive its overall score. While technical analysis shows neutral trends, the company's moderate valuation and leadership confidence offer a promising outlook.

Altitude (ALT) vs. iShares MSCI United Kingdom ETF (EWC)

Altitude Business Overview & Revenue Model

Company DescriptionAltitude Group plc provides technology and information solutions in North America and the United Kingdom. The company offers patented technology platform to its network with a built-in supply chain, as well as combines an e-commerce trading platform with a cloud-based CRM and order management system for business intelligence requirements; e-commerce website solutions with in-built patented online designer and pre-loaded product databases; patented online design solutions; and virtual sample services that allow personalized design on a product with imprint technique. It also provides software services, events and exhibitions, catalogues, artwork services, marketing and business administration services to distributors. The company was incorporated in 2004 and is headquartered in Sheffield, the United Kingdom.
How the Company Makes MoneyAltitude makes money through a subscription-based revenue model, where clients pay recurring fees for access to its cloud services and platforms. Key revenue streams include fees for computing power, storage solutions, and data analytics tools, which are charged on a pay-as-you-go basis or through tiered subscription plans. The company also generates revenue through strategic partnerships with enterprise clients and technology providers, offering custom solutions and integration services. Additionally, Altitude leverages its expertise in artificial intelligence and machine learning to offer premium analytics services, which contribute significantly to its earnings.

Altitude Financial Statement Overview

Summary
Altitude shows strong financial performance with notable revenue growth and solid equity stability. However, there is room for improvement in profitability margins and cash flow generation.
Income Statement
80
Positive
Altitude has demonstrated strong revenue growth, with a 28% increase from the previous year. The gross profit margin stands at approximately 43.2%, indicating effective cost management. However, the net profit margin is relatively low at 2.9%, suggesting room for improvement in profitability. The EBITDA margin is healthy at 5.8%, but EBIT margins are thin due to operating expenses.
Balance Sheet
85
Very Positive
The company maintains a solid equity base with an equity ratio of 73.6%, showcasing financial stability. The debt-to-equity ratio is low at 0.036, highlighting minimal leverage risk. Return on equity improved to 6.5%, reflecting enhanced profitability and efficient use of equity.
Cash Flow
78
Positive
Altitude's cash flow from operations is robust, with a strong operating cash flow to net income ratio of 3.06. Free cash flow has decreased by 24% year-over-year, indicating potential challenges in cash generation. However, the free cash flow to net income ratio remains positive at 0.49, suggesting adequate cash flow management.
BreakdownMar 2024Mar 2023Mar 2021Mar 2022Mar 2020
Income Statement
Total Revenue24.01M18.76M7.71M11.94M6.65M
Gross Profit10.37M8.61M5.58M6.15M4.75M
EBITDA1.40M1.34M-196.00K960.00K-473.60K
Net Income697.00K390.00K-1.09M97.00K-4.58M
Balance Sheet
Total Assets14.49M13.86M11.09M11.29M13.30M
Cash, Cash Equivalents and Short-Term Investments1.22M1.17M2.10M902.00K2.35M
Total Debt383.00K386.00K665.00K690.00K863.00K
Total Liabilities3.83M4.43M3.30M3.18M4.21M
Stockholders Equity10.66M9.43M7.79M8.11M9.09M
Cash Flow
Free Cash Flow338.00K445.00K-569.00K-1.08M-3.21M
Operating Cash Flow2.13M1.55M90.00K-227.00K-2.25M
Investing Cash Flow-1.80M-1.10M-338.00K-852.00K-3.98M
Financing Cash Flow-257.00K-225.00K-7.00K-164.00K8.15M

Altitude Technical Analysis

Technical Analysis Sentiment
Positive
Last Price24.50
Price Trends
50DMA
22.56
Positive
100DMA
23.55
Positive
200DMA
26.26
Negative
Market Momentum
MACD
0.71
Positive
RSI
63.87
Neutral
STOCH
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ALT, the sentiment is Positive. The current price of 24.5 is above the 20-day moving average (MA) of 24.01, above the 50-day MA of 22.56, and below the 200-day MA of 26.26, indicating a neutral trend. The MACD of 0.71 indicates Positive momentum. The RSI at 63.87 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ALT.

Altitude Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBALT
75
Outperform
£17.86M24.756.94%15.82%37.50%
63
Neutral
£566.00M24.41-6.00%2.49%3.52%-29.29%
GBCKT
57
Neutral
£16.74M-28.02%17.50%20.14%
49
Neutral
£11.71M-28.72%-17.02%10.29%
GBPEN
48
Neutral
£11.89M-28.36%-11.33%-139.92%
GBTEK
£17.75M0.9532.40%
61
Neutral
£15.73M-26.44%17.06%-78.26%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ALT
Altitude
24.50
-19.00
-43.68%
GB:CKT
Checkit plc
0.16
-0.09
-36.00%
GB:BIRD
Blackbird PLC
3.02
-2.23
-42.48%
GB:PEN
Pennant International
27.50
2.80
11.34%
GB:TEK
Tekcapital
7.56
-0.64
-7.80%
GB:CRDL
Cordel Group PLC
7.25
2.85
64.77%

Altitude Corporate Events

Regulatory Filings and Compliance
Altitude Group Announces Director Share Dealings and Voting Rights Update
Neutral
Apr 9, 2025

Altitude Group plc announced recent director dealings involving its ordinary shares. CFO Graham Feltham exercised options for 444,444 shares, increasing his holding to 0.96% of the company’s share capital. Additionally, Non-Executive Director Peter Hallett transferred 741,764 shares to his wife without altering his beneficial holding. The new shares from the option exercise will be admitted to trading on AIM, bringing the total voting rights to 72,914,174. This development may influence shareholder calculations regarding their interests in the company’s share capital.

Spark’s Take on GB:ALT Stock

According to Spark, TipRanks’ AI Analyst, GB:ALT is a Outperform.

Altitude Group shows robust financial performance and positive corporate developments, supporting a strong growth outlook. However, thin profitability margins and a high valuation relative to peers suggest caution is warranted despite the positive market momentum.

To see Spark’s full report on GB:ALT stock, click here.

Other
Altitude Group CEO Increases Stake with Share Purchase
Positive
Apr 1, 2025

Altitude Group plc announced that its CEO, Nichole Stella, has purchased 50,000 ordinary shares in the company, increasing her total holding to approximately 2.36% of the company’s issued share capital. This transaction reflects a significant vote of confidence in the company’s future prospects by its leadership, potentially impacting stakeholder perceptions and market positioning.

Other
Altitude Group CEO Increases Stake with Share Purchase
Positive
Apr 1, 2025

Altitude Group plc announced that its CEO, Nichole Stella, has purchased 50,000 ordinary shares of the company, increasing her total holding to approximately 2.36% of the company’s issued share capital. This transaction highlights the CEO’s confidence in the company’s future prospects and may positively influence stakeholder perception and investor confidence.

Business Operations and StrategyFinancial Disclosures
Altitude Group PLC Reports Strong Growth and Major University Contract Wins
Positive
Mar 31, 2025

Altitude Group PLC has announced a significant trading update for the year ending 31 March 2025, projecting a revenue increase of up to 20.8% compared to the previous year, despite challenges such as currency exchange impacts and market softness due to US tariffs. A major highlight is the award of seven new university contracts, including a $4 million annual contract, boosting the Gear Shop division’s expected revenues significantly. The company continues to diversify its market presence, with the Gear Shop’s growth and new contracts positioning it for future expansion, even amidst short-term uncertainties.

Business Operations and Strategy
Altitude Group Announces Change of Registered Office
Neutral
Mar 28, 2025

Altitude Group plc has announced a change in its registered office address to C/O Almond CS Limited, 11 York Street, Manchester, effective from 28 March 2025. This move may reflect strategic operational adjustments and could potentially impact the company’s logistical or administrative functions, offering new opportunities for stakeholder engagement.

Other
Altitude Group Executives Increase Shareholdings, Signaling Confidence
Positive
Mar 11, 2025

Altitude Group plc announced that its CEO Nichole Stella, CFO Graham Feltham, and COO Deborah Wilkinson have purchased additional ordinary shares in the company. This move signifies confidence in the company’s future prospects and could positively impact stakeholder perceptions, reinforcing the leadership’s commitment to the company’s growth and stability.

Executive/Board Changes
Altitude Group Appoints Alexander Brennan as Non-Executive Chairman
Positive
Mar 6, 2025

Altitude Group PLC has appointed Alexander Brennan as the new independent Non-Executive Chairman, replacing David Smith who stepped down due to other commitments. Brennan brings extensive experience in technology and international business growth, which is expected to support Altitude’s next phase of scalability and expansion, enhancing shareholder value.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 22, 2025