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Sopheon maart 2019

83 Posts
Pagina: «« 1 2 3 4 5 »» | Laatste | Omlaag ↓
  1. [verwijderd] 21 maart 2019 08:01
    Revenue: $33.9m (2017: $28.5m)
    EBITDA: $8.9m (2017: $8.0m)
    PBT: $6.4m (2017: $5.1m)
    Net cash: $16.7m (2017: $9.5m)
    Financial outperformance underlines continuing momentum in the business.
    18 new customer wins (13 in the prior year).
    Full year 2019 revenue visibility of $20.6m (2017: $19.3m).
    Mentioned in 22 research reports from leading industry voices such as Gartner and Forrester Research. Vision extended from innovation to helping major enterprises achieve their strategic goals, dramatically expanding horizons and potential.
    Dividend proposed of 3.25p per share (2017: 2.5p).
  2. Paiser 21 maart 2019 08:40
    Plus 30%, mooi

    I would like to close this statement by announcing a proposal to increase our dividend from 2.5p to 3.25p per share. I am delighted to be following through on the commitment made last year to maintain a progressive dividend policy, which the board believes underlines our maturity as a business.”
  3. Lord Enki 21 maart 2019 09:15
    Ga er maar van uit dat de koersbeweging van de afgelopen dagen volledig georkestreerd zijn.
    Daarnaast … In Januari stond er zelfs even 14,40 op de borden.

    Was dat zo overdreven?

    Wellicht, maar het enorme verschil tussen de twee uitersten (dik 4 pond) valt voor mij niet te verklaren aan de hand van de cijfers.
    Noem het handel, maar het is vooral speculatie en manipulatie.
  4. [verwijderd] 21 maart 2019 11:45
    An excellent performance in FY 2018……provides a platform for future growth

    Sopheon has reported full year results in line with its January trading
    update and a little ahead of our estimates which we upgraded at that
    time. Sopheon saw a strong finish to 2018 with a number of
    transactions further underlining the adaptability and flexibility of the
    Accolade platform. Overall, Sopheon won 18 new customers
    compared to 13 in 2017. Chairman Barry Mence says that Sopheon
    has ‘a unique opportunity’ to build on its category leader status by
    accelerating investment. Revenue visibility is already at $20.6 million
    for FY 2019E and the announcement highlights a sales pipeline which
    includes a number of ‘large opportunities’. Management continues to
    look at acquisition opportunities to augment organic growth. After an
    excellent FY 2018 which has enabled Sopheon to increase its dividend
    by 30%, we note the Board’s intention to speed up investment during
    the year and we make changes to our FY 2019E estimates which leave
    Adj EBITDA a touch lower than our previous estimate. We introduce
    FY 2020E estimates which reflect a resumption of good growth in Adj
    EBITDA on the expectation of moderated investment spend
    .........
    .........
    FY 2018 results
    A strong year brings the opportunity for accelerated investment
    Sopheon’s strong performance in FY 2018 included the addition of 18 new customers (of which 5 were SaaS) compared to 13 in FY 2017. Sopheon’s blue chip customer base features increasingly enterprise-focused customer relationships and over two-thirds of its annual revenues come from existing customers. Sopheon sells Accolade predominantly on perpetual licences with annual maintenance and hosting fees. Few deals are pure SaaS although there is a good level of recurring income. With further increases in maintenance and hosting, Sopheon ended 2018 with a total recurring revenue run rate of $15m (compared to $12m the year before) of which approximately $3m is SaaS and hosting
    .............
    .............
    Estimates
    After a strong FY 2018 we note 1) current revenue visibility and 2) the Board’s intention to speed up investment during the year. In addition, our adjusted numbers are now net of Share Based Payments which look set to remain at the higher level seen in FY 2018 of around $0.5m. They also contain a nominal tax charge although we note Sopheon’s substantial potential deferred tax asset. In combination, we make a minor upgrade to our FY 2019E revenue estimate but increase cost expectations further which leaves Adj EBITDA for FY 2019E a touch below our previous restated estimate and a little lower than the level reported for FY 2018. We introduce FY 2020E estimates which reflect a resumption of good growth in Adj EBITDA.

    Summary and conclusion
    The 2018 results reported this morning represent another major step forward in financial performance – the group continues to expand its client base, to sell into ever more end use cases, and to evolve the reach of its offering. Sopheon has, for some time, been seeking to invest further in its teams, and we continue to forecast such investment – hopeful that 2019 will allow the group to hire a good number of new, high quality, members of its team. We expect further progress in terms of customers, projects and revenue, but we have structured our upgrades as shown above, to cater for the potential incremental hires – whose benefit will only likely be felt in later years. We remain
    believers in the Sopheon strategy, and look forward to further evidence of success during 2019 and beyond.

  5. Gartje 21 maart 2019 15:25
    Waren de cijfers anders dan die van eind Januari? Dan is het dus weer typisch kuddegedrag! Dus stil zitten als je geschoren gaat worden en langzaam uit laten razen, daarna weer langzaam zoals bij Sopheon gebeurt groeien naar een hogere koers. Voor mij geeft het weer kansen om bij te kopen, op naar de half jaar cijfers en het koersdoel van 15 pond!
83 Posts
Pagina: «« 1 2 3 4 5 »» | Laatste |Omhoog ↑

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