Business
Kainos Half-year Report
Kainos Half-year Report.
About this update from Kainos Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3016S\n Kainos Group plc\n 15 November 2021\n \n \n \n \n 15 November 2021\n \n Kainos Group plc\n \n (\n \"Kainos\" or the \"Group\")\n \n \n Interim results for the six months ended 30 September 2021\n \n \n Kainos Group plc (KNOS), a leading IT provider, operating across two specialist business areas, Digital Services and its Workday Practice, \n is pleased to announce its results for the six months ended 30 September 2021(H1 22).\n \n \n \n Financial highlights \n \n \n \n \n \n \n \n \n \n \n \n H1 2022\n \n \n \n \n H1 2021\n \n \n \n \n Change\n \n \n \n \n \n \n Revenue\n \n \n \n \n £142.3m\n \n \n \n \n £107.2m\n \n \n \n \n +33%\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n £24.8m\n \n \n \n \n £24.0m\n \n \n \n \n +3%\n \n \n \n \n \n \n Adjusted pre-tax profit\n \n \n \n \n £29.2m\n \n \n \n \n £26.1m\n \n \n \n \n +12%\n \n \n \n \n \n \n Cash ([1])\n \n \n \n \n £80.4m\n \n \n \n \n £62.5m\n \n \n \n \n +29%\n \n \n \n \n \n \n Bookings\n \n \n \n \n 187.4m\n \n \n \n \n £103.6m\n \n \n \n \n +81%\n \n \n \n \n \n \n Software as a Service (SaaS) bookings\n \n \n \n \n £31.0m\n \n \n \n \n £14.2m\n \n \n \n \n +118%\n \n \n \n \n \n \n Backlog\n \n \n \n \n £250.0m\n \n \n \n \n £180.9m\n \n \n \n \n +38%\n \n \n \n \n \n \n Adjusted diluted earnings per share (note 8)\n \n \n \n \n 19.1p\n \n \n \n \n 17.0p\n \n \n \n \n +12%\n \n \n \n \n \n \n Diluted earnings per share\n \n \n \n \n 16.0p\n \n \n \n \n 15.7p\n \n \n \n \n +2%\n \n \n \n \n \n \n Special dividend\n \n \n \n \n -\n \n \n \n \n 6.7p\n \n \n \n \n -100%\n \n \n \n \n \n \n Interim dividend\n \n \n \n \n 7.1p\n \n \n \n \n 6.4p\n \n \n \n \n +11%\n \n \n \n \n \n \n \n \n Operational highlights\n \n We continue to deliver a strong business performance, reflecting robust market demand, the ongoing trust and support of our customers and the commitment of our colleagues. \n \n \n · \n Revenue growth of 33% (32% organic) to £142.3 million (H1 21: £107.2 million).\n \n \n · \n Adjusted pre-tax profit increased 12% to £29.2 million (H1 21: £26.1 million).\n \n \n · \n Bookings up 81% to £187.4 million (H1 21: £103.6 million).\n \n \n · \n Contracted backlog growth of 38% to £250.0 million (H1 21: £180.9 million).\n \n \n · \n Period-end cash of £80.4 million (H1 21: £62.5 million); with cash conv...