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Northern Care Alliance cuts inpatient referral times by three quarters using Bleepa
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Hi SP, no I'm not a paid ramper, maybe a little over enthusiastic. I do hold shares but have averaged down recently, down about 8% at present. I just believe that the accelerating growth in revenues will easily exceed costs going forward. I could be wrong, but these are only my opinions.
I can see the share price returning to the subscription price of 5.68p in the next couple of weeks, a good return on the current price.
Not sure why you think they will not be in profit in 2024, you just need to look at the ARR growth and increasing customer base to see that this will happen very soon. Estimated revenues for this year $11M and $18M for 2024.
What targets have they missed that you refer to?
All early stage AIM companies require funding, and Brandshield always said that they were going to invest heavily in sales and marketing in the early stages. I believe the company is at an inflection point, and now is a great time to invest.
You're not wrong, it is a blow to lose out on the ISA benefits, and the Open offer is a joke considering where the share price is at the moment. But, if you believe in the future growth and rate of growth of the company; it will be in profit in 2024, and look at who else is invested, the added bonus of WeShop, then surely it is worth buying at 3p, when the Subscription offer is at 5.68p? And as to selling your shares, there will be buyers as the value of the company increases through increased revenue and profit, or if it is relisted on Nasdaq for example. You just may have to wait a little longer....
So looks like Mr Currie is hoovering up the bargain basement shares...
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Mindy is an experienced advisor who has worked with public and private healthcare providers, with roles spanning board director positions in entrepreneurial start-ups to leadership positions with Fortune 500 businesses.
Someone is taking advantage of this bargain share price, mopping up all the sold shares from yesterday. Easy money for some....
Hi ShandyP2,
We'll have to disagree there then, Tennyson have estimated a profit of US$ 5M, and their figures have been pretty accurate so far. With ARR growing about 60% year on year, even if operating costs do increase, it will be at a much slower rate than the increase in Revenue. Brandshield have signed 45 new customers in H1 compared to 53 for the whole of last year, and H2 is historically a stronger period in this regard. All the clues are there....
I can easily see this share 10 bagging in a couple of years, Revenues YE2024 are estimated to be $18M, operating expenses of $11M, will see Brandshied making a healthy profit. If the company were to be re-listed on the Nasdaq, or acquired by a larger competitor, then maybe more.
From the Tennyson Research Report:
ARR to grow 61% per annum over forecast period. We are forecasting that BrandShield will grow its ARR from $3.28 million in Q4/21 to $21.95 million by Q4/24, which represents 61% per annum average growth. This translates into 22% per annum growth in reported revenues, which we expect to grow from £2.62 million to £17.83 million over the forecast period.
Looking at the peer group of global cybersecurity names, we can see that BrandShield compares favourably in terms of expected top-line growth over the forecast period. Looking specifically at 2023E multiples, the peer group trades at 5.0 times revenues, and the lower growth UK benchmark, Avast, trades at 6.2 times. Using a 5 times reported FY23E revenue multiple, this gives an enterprise value for BrandShield of £42.8 million, and allows us to set a 12-month target price of 37p per share
Bid is slowly creeping up on every sell, buy order being filled. At a market cap of £5M, and an ARR of nearly $10M, it's not surprising.............
You would have thought that The London Stock Exchange would get their data correct, surely not that difficult....... Anyway, looking forward to Monday.
Looking at the London Stock Exchange website, there seem to be a huge trade of £200,000 which went through yesterday at a price of £0.99, is this correct, and if so why no change in share price?
We are where we are, the fact is that the share price is currently 50% below the subscription price of 5.68 pence, so if you buy now, and believe in the future growth of the company, then you are pretty much guaranteed a 50% return on your investment.
Hi SP, Full Year Revenues for this year are expected to be $11m, most of their new business being weighted to the 4th quarter, and next year this is expected to increase to $18m, so if marketing and sales costs remain the same, then the company will be in profit in 2024.
7.4 Views of the Independent Directors
The Independent Directors support the Concert Party's stated intentions for the business and its employees. The Independent Directors firmly believe that the Proposals are in the interests of both the Company and its Shareholders. Although the Board is acutely aware that some Shareholders will be concerned about a de-listing from AIM and the consequent reduction in immediate liquidity it sees no prospect in the near to medium term for the Company to achieve a valuation that reflects its actual performance and future potential, demonstrated through sustained growth of ARR and continued penetration of a fast-growing market. BrandShield has been recognised independently as one of the leading players in the Digital Risk Protection sector (Frost and Sullivan Report 2022) and the Independent Directors believe that all its Shareholders will be far more likely to achieve a positive outcome as a de-listed company where it is likely to command higher valuations based on realistic ARR multiples. In short, the Board believes the proposals are significantly more likely to result in a positive outcome for all its stakeholders, including employees and Shareholders. In considering this, the Independent Directors have given due consideration to the assurances relating to the Company, including those given to its employees regarding the implementation of the Proposals.
Https://www.brandshield.com/wp-content/uploads/2021/03/Tennyson-Research-BrandShield-Systems-PLC.pdf
It's worth reading this report which is on the Brandshield Website. They have been pretty accurate with their estimates of ARR and Revenues, and it gives a good perspective on where the company is heading next year.
Taken from the report:
Looking at the peer group of global cybersecurity names, we can see that BrandShield compares favourably in terms of expected top-line growth over the forecast period. Looking specifically at 2023E multiples, the peer group trades at 5.0 times revenues, and the lower growth UK benchmark, Avast, trades at 6.2 times. Using a 5 times reported FY23E revenue
multiple, this gives an enterprise value for BrandShield of £42.8 million, and allows us to set
a 12-month target price of 37p per share.
Https://uk.finance.yahoo.com/news/iamfire-plc-weshop-060000457.html
IamFire plc
AQSE: FIRE
(“FIRE” or the “Company”)
WeShop Update
IamFire plc is pleased to provide an update on progress within its primary portfolio company, WeShop Holdings Limited (“WeShop”).
WeShop Update Highlights
Six-figure equity fundraise at a share price of £4.76 per share, valuing WeShop at c. £130m giving IamFire a see-through holding of £22.5m assuming CLNs outlined below convert to equity.
Sponsorship of SoccerAid for UNICEF resulting in national and international exposure of the WeShop brand, and continued uptake from various creators and influencers which enables viral uptake of the app.
User downloads for the WeShop platform as at 31 May 2023 were over 230,000 up from 43,000 last reported by FIRE on 21 November 2022.
Total purchases through the platform now total over 180,000 with an annualised gross merchandise value (“GMV”) of £33.4m as at the end of May 2023 (over a 3 month average) compared to the last reported figure of £27.9m for March 2023. Total GMV to date is £22.1m through the platform.
The list of retailers affiliated to WeShop continues to grow with recent additions including John Lewis, Argos, Habitat, Sports Direct, TicketMaster, booking.com and Skyscanner. This adds to the existing list of over 1,000 UK retailers.
Richard Griffiths, Chairman of WeShop Holdings Limited said:
“WeShop’s growth continues to impress and over £20m has been spent through the platform. We now enter the next phase of the company’s growth which will be enhanced through digital marketing and national advertising campaigns. Our partnership with SoccerAid for UNICEF 2023 has increased the public profile of the company whilst at the same time supporting an incredibly important cause. The WeShop team continues to work tirelessly to achieve its goal of building the world’s first shoppable social network owned by its community.”
SNAP!
Not sure why more people are not buying at this price. The growth story is still there. Just look at the figures. The market cap is a joke.......... If you strip out the Weshop valuation, the company is valued a practically nothing.