Originally founded in 1998 as an integrated internet and telecommunications company, iomart Group has evolved to become one of Europe’s largest providers of cloud computing services, serving in excess of 300,000 customers each day, through several distinct brands. Having been at the forefront of the UK’s technological revolution for over a decade the Group has developed an enviable reputation for its expertise, its service ethic and its product innovation. The Group holds a unique position within the UK marketplace. By owning its own data centre and fibre network infrastructure, it is able to deliver the complete set of vertical components - from domain name up to the cloud – without owning and managing every aspect of the customer experience. This enables the company to offer complete accountability and world beating service level agreements to its customers. iomart offers hosting servies to both the private and public sector via its brands, iomart Hosting, Easyspace, iomart Cloud, RapidSwitch, Backup Technology, Redstation and Melbourne Hosting.
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Glasgow, GB
Size (employees)
387 (est)
Iomart was founded in 1998 and is headquartered in Glasgow, GB
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Iomart Office Locations

Iomart has offices in Glasgow, Maidenhead, Leeds, Manchester and in 3 other locations
Glasgow, GB (HQ)
Kelvin Campus Maryhill Rd
Vero Beach, US
300 601 21st St
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Iomart Financials and Metrics

Iomart Financials

Iomart's revenue was reported to be £89.57 m in FY, 2017

Revenue (FY, 2017)

89.6 m

Gross profit (FY, 2017)

57.3 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

12.1 m

EBITDA (FY, 2017)

34.6 m

EBIT (FY, 2017)

16.2 m

Market capitalization (31-Oct-2017)

381.6 m

Closing share price (31-Oct-2017)


Cash (31-Mar-2017)

8.9 m


391.3 m
Iomart's current market capitalization is £381.6 m.
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


20 m11.8 m18.3 m25.3 m33.5 m43.1 m55.6 m65.8 m76.3 m89.6 m

Revenue growth, %


Cost of goods sold

5.5 m5.7 m7.8 m9.7 m11.1 m14.1 m17.8 m21.5 m24.7 m32.3 m

Gross profit

14.5 m6.1 m10.5 m15.6 m22.4 m28.9 m37.8 m44.3 m51.6 m57.3 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


743 k13.9 m5.7 m6.9 m8.9 m11.4 m13 m8.3 m10.3 m8.9 m

Accounts Receivable

1.6 m697 k1.3 m1.2 m2.1 m2.2 m3.3 m5.9 m7.3 m6.6 m

Current Assets

3.9 m16.1 m9.6 m10 m13 m17.2 m20.7 m19.7 m24.1 m24 m


8.3 m8.7 m12.3 m14.8 m15.6 m19.9 m32.5 m34.8 m36 m35 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

353 k(1.9 m)2.1 m2.9 m6.2 m6.9 m7.7 m8.9 m11 m12.1 m

Cash From Operating Activities

524 k779 k3.7 m7 m9.6 m13.6 m21.7 m24 m26.6 m33.9 m

Dividends Paid

291 k291 k391 k643 k904 k1.5 m1.9 m2.7 m3.4 m

Cash From Financing Activities

9.3 m(1.3 m)(934 k)1.2 m478 k2.5 m11.4 m(12.9 m)8 m(20.1 m)
GBPY, 2017


11.3 x


24.1 x


11.5 x


234.8 k


0.2 x


0.1 x

Financial Leverage

1.5 x
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Iomart Operating Metrics

FY, 2016

Physical Servers

12 k
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Iomart Revenue Breakdown

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Iomart revenue breakdown by business segment: 14.1% from Easyspace and 85.9% from Cloud Services

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Iomart Online and Social Media Presence

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