October 21, 2017 1:59 AM ET

Internet Software and Services

Company Overview of LoopUp Group Plc

Company Overview

LoopUp Group plc operates a software-as-a-service platform for remote business meetings in the United States, European Union, and internationally. It also provides telephony and conferencing services. The company’s LoopUp platform serves mid-to-large enterprises across various industries, as well as SMEs in professional service sectors, such as law, banking, private equity, consulting, and PR. LoopUp Group plc was incorporated in 2016 and is headquartered in London, the United Kingdom.

78 Kingsland Road

First Floor

London,  E2 8DP

United Kingdom

Founded in 2016

115 Employees

Phone:

44 20 3107 0206

Key Executives for LoopUp Group Plc

Co-Founder, Co-Chief Executive Officer & Director
Age: 49
Total Annual Compensation: $340.0K
Co-Founder, Co-Chief Executive Officer & Director
Age: 49
Total Annual Compensation: 296.0K GBP
CFO & Director
Age: 43
Total Annual Compensation: 89.0K GBP
Compensation as of Fiscal Year 2016.

LoopUp Group Plc Key Developments

Loopup Group plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017

LoopUp Group Plc reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the company reported operating profit was £510,000 against £520,000 a year ago. Profit before tax was £507,000 against £72,000 a year ago. Profit for the period was £863,000 or 1.9 pence per diluted share against £72,000 or 0.2 pence per diluted share a year ago. Cash generated from operations was £1,380,000 against £1,257,000 a year ago. Purchase of property, plant and equipment was £202,000 against £193,000 a year ago.

LoopUp Group plc Reports Earnings Results for the Six Months Ended June 30, 2017

LoopUp Group Plc reported earnings results for the six months ended June 30, 2017. For the period, the company reported revenue was £8.65 million against £6.00 million a year ago. Gross profit was £6.65 million against £4.42 million a year ago. EBITDA was £1.61 million against £0.89 million a year ago.

LoopUp Group Plc to Report First Half, 2017 Results on Sep 06, 2017

LoopUp Group Plc announced that they will report first half, 2017 results on Sep 06, 2017

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 23, 2017
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