Fadel Partners Share Price (FADL)

The cloud platform is aimed at servicing the thousands of small and mid-market licensees and re-enforces our commitment to leveraging our technology, expanding our market and substantially growing our mix of highly scalable, high margin cloud revenues.

And another watch…….

https://videos.voxmarkets.co.uk/video/7013/qa-with-fadel-partners-ceo-tarek-fadel

Worth a watch…..

https://youtu.be/a28FJDifNMosi=6mEIyvbG4Fzsy8xq

25th Jul 2023 7:00 am RNS Half Year Trading Update

"Fadel Partners, Inc. (AIM: FADL), a brand compliance and rights and royalty management software provider, is pleased to provide a trading update for the six months ended 30 June 2023, based on unaudited management accounts. Following the Company's successful IPO in April 2023, FADEL has demonstrated strong operational progress, underpinned by a solid financial performance. The management team has made good progress in investing for growth, in line with its stated strategy.

Focus on growing recurring revenue continues to be at the forefront of the Group's strategy. The Board expects revenue for the financial year ending 31 December 2023 (FY23) to be in line with market expectations*, however 2H23 will show a significant increase in revenue relative to 1H23 due to the timing of annual contract renewals for certain enterprise licenses which are now heavily weighted towards the Company's year-end. Recurring revenue is expected to increase to c.80% of total revenue for FY23 (FY22 65%), reflecting positive growth expected from license and support renewals and net new sales. Services revenue is expected to reduce relative to the prior year, due to the successful completion of a number of service contracts associated with the conclusion of the implementation phase for certain IPM customers and phased regional go-lives.

1H23 Financial Highlights

• Revenue growth in line with the Board's expectations.

• Recurring revenue growth of 3% to $4.3m 1H23 (1H22: $4.2m).

• Service revenue of $1.0m 1H23 (1H22 of $2.5m) reflects the successful completion of a number of implementations and regional roll-outs for existing clients.

• Cash and cash equivalents of $8.2m at 30 June 2023 (net cash $7.3m). ...

About FADEL Partners Inc.

FADEL is a developer of cloud based brand compliance and rights and royalty management software, working with some of the world's leading licensors and licensees across media, entertainment, publishing, consumer brands and hi-tech/gaming companies. The Group combines the power of rights management and content compliance with sophisticated content services, AI-powered visual search and image and video recognition.

FADEL has two solutions, being IPM Suite (rights and royalty management for publishers and licensing) and Brand Vision (an integrated platform for Brand Compliance & Monitoring that includes Content Services, Digital Rights Management, AI-Powered Content Tracking, a Brand Monitor, and 100 million Ready-to-License Images). ..."

https://www.lse.co.uk/rns/FADL/half-year-trading-update-kc6mc87pl6j39x1.html

FADL's type of business looks related to that of BRSD (Brandshield Systems).

Lots of cash and cheap -worth a punt