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Adacel Technologies Ltd (ADA.AX)

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Latest Key Developments (Source: Significant Developments)

Adacel Technologies Sees FY Loss Before Tax In Range Of $1.7 Mln To $1.9 Mln
Monday, 1 Jul 2019 

July 1 (Reuters) - Adacel Technologies Ltd ::SEES A LOSS BEFORE TAX IN RANGE OF $1.7 MILLION TO $1.9 MILLION FOR FY19.FORECAST ORDERS FOR SECOND HALF OF FY19 DID NOT MATERIALIZE AS EXPECTED.FORECAST PBT FOR FY20 IS BETWEEN $4.1 MILLION AND $4.6 MILLION.IDENTIFIED ABOUT 30 POTENTIAL CUSTOMERS TO WHOM COMPANY BELIEVES IT CAN SELL APPROACH AND TOWER CONTROL SOFTWARE PLATFORM.DANIEL VERRET APPOINTED AS ACTING CEO.  Full Article

Adacel Technologies Says Gary Pearson Resigns As CEO
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Adacel Technologies Ltd ::GARY PEARSON RESIGNS AS CHIEF EXECUTIVE OFFICER.BOARD WILL IMMEDIATELY COMMENCE A CEO SEARCH THAT WILL INCLUDE BOTH INTERNAL AND EXTERNAL CANDIDATES.  Full Article

Adacel Technologies Says U.S. Air Force Awarded Contract
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Adacel Technologies Ltd ::U.S. AIR FORCE AWARDED ADACEL CONTRACT TO CONTINUE TO PROVIDE SERVICES IN SUPPORT OF USAF'S ATC TOWER SIMULATOR SYSTEM PROGRAM.  Full Article

Adacel Technologies Sees FY19 Profit Before Tax For FY To Be 25-35% Below FY18
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Adacel Technologies Ltd ::SEES FY2019 PROFIT BEFORE TAX FOR FULL YEAR ANTICIPATED TO BE 25-35% BELOW FY2018.ANTICIPATES THAT PROFIT BEFORE TAX FOR H1 2019 WILL BE ABOUT 65-70% LOWER THAN PRIOR CORRESPONDING PERIOD.REDUCED FY FORECAST INCLUDES ADDITIONAL INVESTMENT IN RESEARCH AND DEVELOPMENT, SALES AND MARKETING CAPABILITIES, FOREIGN EXCHANGE MOVEMENTS.  Full Article

Adacel Technologies Signs Multi-Phase Contract With Nav Portugal
Monday, 23 Apr 2018 

April 23 (Reuters) - Adacel Technologies Ltd ::ADACEL SIGNS MULTI-PHASE CONTRACT WITH NAV PORTUGAL-ADA.AX.DEAL FOR A$5.6 MILLION.  Full Article

Adacel Technologies Updates On Multi-Phase Contract Award And Confirms Earnings Guidance
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Adacel Technologies Ltd ::‍HAS BEEN NOTIFIED OF A MULTI-PHASE CONTRACT AWARD WITH AN INTERNATIONAL CUSTOMER, VALUED AT APPROXIMATELY A$5.6 MILLION​.CONFIRMS ITS PREVIOUS EARNINGS GUIDANCE WITH PROFIT BEFORE TAX FY2018 ANTICIPATED TO BE 35% ABOVE FY2017​.‍HAS BEEN NOTIFIED THAT IT WAS NOT SUCCESSFUL IN SECURING A CONTRACT AWARD FOR NASA SIMLABS III PROGRAM​.  Full Article

Adacel Technologies ‍forecasts profit before tax growth in 2018 FY of about 35 pct
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Adacel Technologies Ltd ::‍Forecast profit before tax growth in 2018 FY of about 35 percent.  Full Article