Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
That's a shame - I was hoping the MMs would mark it down on opening....
I was pleasantly surprised with a historic positive $0.4m EBITDA, and the outlook for 2021 looks most agreeable, with recurring revenues rising fast to a likely 80% this year and already not that much revenue needed to at least meet forecasts.
The new mobile advertising product also looks like it has huge potential.
Cenkos have retained their Buy, and see $2.9m EBITDA this year rising to $3.5m nest year.
further Cenkos broker upgrade note 12.4.21
ARR +35%. The move towards engaging with customers on a recurring basis has led to very strong (+35% YoY) growth in run rate annualised recurring revenue (ARR) to $5.4m as at January. Total revenue visibility for FY21E now stands at over $6m
Advertising opportunity.
Pelatro has internally developed a product for the mobile advertising market based on its current data analysis and segmentation capability. We believe this supplementary market opportunity could be as material as that for the core business. This is a developing market and is not yet reflected in forecasts
We believe having a managed services relationship with a mobile operator with 400m mobile accounts in India represents critical mass for advertiser interest.
Seems positive for coming financial year and transition over. Extract below:
- Substantial order book and good visibility over revenues for the coming year (main change in revenue is they have moved to more recurring revenue than one-time revenue which as a more solid base. approx 80% of revenue now comes from recurring revenue as opposed to 40%)
· Current contracted revenue visibility for FY21 of $6.0m, of which $5.2m is recurring
• Pipeline of c. $16m
Cenkos brokers upgrade PTRO (note just issued on results )
Pelatro Plc Growing visibility leads to upgradeThe business model has been transformed by the focus largely on recurring customer engagements. The higher quality revenue base is accompanied by very strong growth prospects in both core and new markets. Increased revenue visibility means that we are upgrading our FY21E forecasts. Buy.
FY21E growth. RapidARR growth, conservative forecasts and supplementary market opportunities underwrite the investment case. With free cash neutral position in sight and the stock trading on 3.5x EV/ARR in FY21E we are Buyers
yup, transistion to a more sustainable recurring revenue business is on track and a very decent pipeline that will hopefully be converted to actual and should provide a major uplift in outlook and sp going forward, sp has been stuck around current levels for some time, however clearly the increase in retaining customers on the new and preferred business model has been gradually improving ...
"We ended 2020 in a much stronger position, with a substantial order book and good visibility over revenues for the coming year. The start of the second phase of our journey into the mobile advertising space is particularly exciting ...''
Personally I think this is a very positive RNS from a forward looking perspective.
Current contracted revenue visibility for FY21 of $6.0m, of which $5.2m is recurring and a pipeline of c. $16m.
Feels like 2021 will really see PTRO grow exponentially.