Attraqt Group Share Price (ATQT)

Attraqt have appointed Mark Adams from BigCommerce as their new CEO - effective 22 June 2020.
I'm lookimg forward to renewed progress at ATQT following his appointment and the other positive changes there.

Rivaldo, are you still watching/in this one? What do you think?

Additional to earlier comments: post period-end the tie up with BigCommerce looks good, ditto the 3 year renewal of contract with their largest client. One expands their potential customer base and the other shows the confidence their customers have in their product. :). Seems to be a case of 'try it, you'll like it'.

Results out today, causing a 15% drop. But they look very good to me, except that there is a warning that the next year may be a bit slow: "Macro-economic and political uncertainty headwinds in the latter part of 2019 impacted our H2-2019 bookings and hence our 2019 ARR exit rate. We entered 2020 with a strong pipeline of new opportunities but have been unable to accelerate the close of sufficient deals in January and February to offset the H2-2019 bookings shortfall. Whilst we continue to be comfortable with our expectations for new bookings in 2020, with c. 20% year on year growth, given the revenue recognition profile of SaaS deals we are prudently reducing our market expectations for the full year at this early stage.". Given the other metrics I don't think the drop is justified and have topped up. Loads of new logos (22), 98% retention rate, high and improving margins, revenue almost all SaaS, 21 multi-year renewals (2018: 10). With the retention rate, revenue increase (13%), margin increase (6% pts to 73%), and multi-year renewals short of an upset I think it only needs time for this to come good. Good news post period-end too. Today looks a good entry point and while it may be slow for a year when it goes it may fly.

Topped up. This share is way under the radar, and a big spread, but bought at a full 1p less than the quoted buy price. But at 70m Mcap I have some much smaller shares. Maybe they should put a little more effort into marketing themselves!

Video: Attraqt FY19 results overview by CEO, Luke McKeever.

https://www.piworld.co.uk/2020/03/04/attraqt-atqt-2019-full-year-results/

Performance, Early Birds, Growth Strategy and Outlook.

Attraqt CEO Luke McKeever talks about the Group’s half year results for the period ending 30th June 2019.

https://www.piworld.co.uk/2019/09/18/attraqt-atqt-h1-results-september-2019/