{"id":51390,"date":"2020-01-31T14:24:54","date_gmt":"2020-01-31T14:24:54","guid":{"rendered":"https:\/\/loopup.com\/?p=51390"},"modified":"2021-08-13T10:35:02","modified_gmt":"2021-08-13T09:35:02","slug":"loopup-included-in-megabuytes-quoted25-for-a-fourth-year-in-a-row","status":"publish","type":"post","link":"https:\/\/loopup.com\/us\/resource-center\/blog\/loopup-included-in-megabuytes-quoted25-for-a-fourth-year-in-a-row\/","title":{"rendered":"LoopUp included in Megabuyte\u2019s Quoted25 for a fourth year in a row"},"content":{"rendered":"\n

LoopUp, the premium remote meetings company, has been included in Megabuyte\u2019s Quoted25<\/a> for a fourth year in a row. The Megabuyte Quoted25 is a celebration of the best-performing listed companies across the UK ICT Services and Software landscape with revenues of more than \u00a310m but EBITDA of no greater than \u00a3100m.<\/p>\n\n\n\n

LoopUp came 19th in the research provider\u2019s 2020 rankings, alongside companies like Mimecast, Trainline, Sophos and Softcat. Businesses are ranked using the Megabuyte Scorecard, which benchmarks each company\u2019s fundamental performance relative to peers. The methodology takes seven key measures from company accounts – two each for revenue growth, margins and cash flow, and one for overall size. These measures are weighted to reflect the optimum balance for established mid-market companies. The Megabuyte Scorecard offers a unique measure of public company performance beyond share price alone.<\/p>\n\n\n\n

The last 12 months has been one of the toughest periods for UK\ntechnology sector valuations since the global financial crisis. LoopUp was\nincluded in Megabuyte\u2019s Quoted25 for the fourth consecutive year, retaining\nits 19th<\/sup> position from last year with an overall score of 62. This\nperformance is all the more impressive against this financial backdrop. <\/p>\n\n\n\n

\u201cWe\u2019re delighted that LoopUp has once again been recognised\nin this year\u2019s Megabuyte Quoted25, illustrating the underlying strength of our\nbusiness. Uncertain market conditions led to a challenging year for our\nbusiness in 2019, but in spite of this, our fundamental financial performance\nstill prevailed in Megabuyte\u2019s rigorous analytical methodology, and this\nrecognition is fitting reward for our team\u2019s outstanding efforts over the\ncourse of the year,\u201d said Steve Flavell, Co-CEO of LoopUp.<\/p>\n\n\n\n

A full list of the UK\u2019s best-performing quoted technology\ncompanies can be found in the Quoted25\nWinning Companies 2020 report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

LoopUp, the premium remote meetings company, has been included in Megabuyte\u2019s Quoted25 for a fourth year in a row. The Megabuyte Quoted25 is a celebration of the best-performing listed companies…<\/p>\n","protected":false},"author":16,"featured_media":53496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[424],"tags":[489],"class_list":["post-51390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-megabuyte-2"],"acf":[],"yoast_head":"\nLoopUp included in Megabuyte\u2019s Quoted25 for a fourth year in a row | LoopUp<\/title>\n<meta name=\"description\" content=\"LoopUp has been included in Megabuyte\u2019s Quoted25 for a fourth year in a row. 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