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IWG PLC

International Workplace Group plc, together with its subsidiaries, provides workspace solutions across the Americas, Europe, the Middle East, Africa, and Asia Pacific. Its offerings include office space, coworking, membership, virtual offices, meeting rooms, and workplace recovery products. The company serves franchise partners, landlords, and property owners under brands such as Regus, Signature, Spaces, HQ, Basepoint, Stop & Work, The Office Operators, The Clubhouse, BizDojo, Open Office, No18, Central Working, and Copernico. It also operates Home to work, Easy Offices, Worka, Rovva, Meetingo, and Managed Office Solutions. Formerly known as IWG plc, it changed its name to International Workplace Group plc in May 2024. Founded in 1989, it is headquartered in Zug, Switzerland.

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IWG.LSE

Ooma Reports Strong Q2 Growth Driven by Acquisitions

Ooma Inc. reported second-quarter fiscal 2027 revenue of $83.2 million, up 25% year over year, with business subscription and services revenue climbing 38% and adjusted EBITDA jumping 74% to $12.4 million. However, stripping out the FluentStream and Phone.com acquisitions, total revenue growth would have been just 8%, and business subscription and services revenue would have grown 8% rather than 38%. The company added 4,000 net business users, but that figure absorbed 4,000 users lost to churn from IWG and a one-time count correction, implying underlying growth of about 11,000. Ooma also launched AI-powered tools and a kids' phone, MyPhone, which helped add 3,000 net new residential users, though residential subscription revenue remained flat year over year. CFO Shig Hamamatsu noted rising memory costs pressuring margins, and product gross margin remains negative 25% without a one-time tariff recovery.
Insider Monkey·14dRead more →
IWG.LSE

IWG reports 11% system-wide revenue growth and maintains 2026 EBITDA guidance

IWG reported first-half system-wide revenue growth of 11% to $2.4 billion, driven by expansion in its managed and franchised network and continued growth in company-owned locations. The flexible-workspace operator reiterated its full-year adjusted EBITDA guidance of $585 million to $625 million and its medium-term target of at least $1 billion. Managed and franchised system-wide revenue rose 36% to $535 million, with recurring management fees up 84% to $35 million, and the company expects recurring management fee income to reach $80 million in 2026 and $125 million in 2027. IWG returned $109 million to shareholders in the first half while maintaining 2026 net capital expenditure guidance of $150 million, and management expects year-end net debt-to-EBITDA below 1.5 times.
MarketBeat·38dRead more →