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Yes VICTAR launch in March as mentioned in the podcast by Chris. Another aspect of the education channel. Multiple multiple revenue streams here.
Congratulations to Chris on coming across so well in the podcast. It’s a shame it couldn’t have been a little bit longer as you could tell Chris could have spoken for hours. Investors take note of my summary posted below, print it out, share it with friends, and listen podcast again. This is a blue chip company in the making.
The telling thing from the new staff they have employed is that all the new staff employed are part of either sales or marketing teams. Like Chris said in his interview they are struggling to keep up with the demand from clients. So much business, now they have the staff to execute each aspect.
Digital innovation business established for 5 years. Operate in 3 core channels. Educate- groundbreaking Engage-gamification cloud based Experience- consumer experience to retail and leisure and direct to consumer Revenue generating- since 2013 It has been profitable from day one Severe demand from all three channels All 3 of channels are doing tremendously well. Trying to recruit to handle all new accounts and business. A number of strategic partners expected The products have won prestigious national education awards Launchpad huge groundbreaking issue which tackles a critical skills gap. Delivers career information at a point when they really need to make an informed decision about their job. Colleges who have used the products have won national awards. Resource saver for institutions to use March this year launch of VICTAR- VR experience, gets young person engaged in future career, automatically links to launchpad. As of March this year, schools if not show to be working towards Gatsby principles will cause big effect on their Offsted results. Engage- gamification engine, which allows brands to control prizes and rewards. If a brand was to do a promotion, it allows a brand to control how many redemptions are released. So instead of restricting promotion, gives everyone a chance to get a reward. Mitigates risk of distribution of rewards. Experience- immersive AR And VR experiences. Games can hold up to 15 people, can emerge them all in to one experience. Vanguard- can be rolled out across the UK, for a fraction of the price. Specific teams working on the three channels, hiring more people in to manage the huge demand. Three clear markets, working with strategic partners who will have huge global presence. First VR Application that actually has mass uptake and has value in today’s programme, it will also give them a foothold of VR in UK education. March will be huge month, currently pre registering schools, dev clever is developing ground breaking, step changing technology. Reason to buy: Dev clever are exciting tech business working in the right areas with right product at the right time.
Digital innovation business established for 5 years. Operate in 3 core channels. Educate- groundbreaking Engage-gamification cloud based Experience- consumer experience to retail and leisure and direct to consumer Revenue generating- since 2013 It has been profitable from day one Severe demand from all three channels All 3 of channels are doing tremendously well. Trying to recruit to handle all new accounts and business. A number of strategic partners expected The products have won prestigious national education awards Launchpad huge groundbreaking issue which tackles a critical skills gap. Delivers career information at a point when they really need to make an informed decision about their job. Colleges who have used the products have won national awards. Resource saver for institutions to use March this year launch of VICTAR- VR experience, gets young person engaged in future career, automatically links to launchpad. As of March this year, schools if not show to be working towards Gatsby principles will cause big effect on their Offsted results. Engage- gamification engine, which allows brands to control prizes and rewards. If a brand was to do a promotion, it allows a brand to control how many redemptions are released. So instead of restricting promotion, gives everyone a chance to get a reward. Mitigates risk of distribution of rewards. Experience- immersive AR And VR experiences. Games can hold up to 15 people, can emerge them all in to one experience. Vanguard- can be rolled out across the UK, for a fraction of the price. Specific teams working on the three channels, hiring more people in to manage the huge demand. Three clear markets, working with strategic partners who will have huge global presence. First VR Application that actually has mass uptake and has value in today’s programme, it will also give them a foothold of VR in UK education. March will be huge month, currently pre registering schools, dev clever is developing ground breaking, step changing technology. Reason to buy: Dev clever are exciting tech business working in the right areas with right product at the right time.
ATG figures? What more figures would you like, it’s been presented on a plate for you in the RNS. They have the ability to charge 23k per annum to schools, colleges, universities, apprentice providers and employers. All totalling 55,477 total potential customers. Ill leave you to do the maths of how much that works out to be. And that is revenue of one part of a product of one of three sectors in which dev clever is involved in. The revenue number potential on the back of the above figures is extraordinary, and at minimal cost to the company why? Because they run a SaaS based model. To top that off prior to launch they already had a number of institutions signed up. And now with the governments mandatory requirements which launchpad facilitates, lets see how many more institutions sign up. That’s before we ignore the impact it will have on the £90bn yearly cost to tax payers as a result of the skills gap. *wry smile*
Big revenue number potential here and to make it all that much sweeter the numbers will be seen on the net profit line.
Will be able to scale this product up quickly but most importantly, it will mean the profit margins on this product will be big. There are not many tech companies who can offer such a wide scale product and still maintain margins at such a high rate, but this is specifically designed in a way to combat that aspect.
Another amazing aspect, investors need to ensure they don’t overlook is the fact this will be run on an SaaS model. What does this mean? 1. Lower up front costs- No hardware or software maintaince costs to the company 2. Quick set up and deployment - SaaS application is already installed and configured in the cloud 3. Accessibility – All you need to access a SaaS application is a browser and an internet connection. This is generally available on a wide range of devices and from anywhere in the world, making SaaS more accessible than the traditional business software installation. 4. Scalability – SaaS providers generally offer many subscription options and flexibility to change subscriptions as and when needed, eg when your business grows, or more users need to access the service.
I think quiet good is an understatement, the fact that it fulfills all the governments MANDATORY requirements, closes the £90billion skills gap cost annually to tax payers and genuinely assists students. I think it’s an incredible product.
It’s what they call an absolute no brainer. It benefits: Schools Students Employers Government Teachers
Also it addresses a ‘cricital national issue’ which costs the tax payer £90b per year. If it has this kind of effect in saving UK tax payer money, I’m just trying to imagine on the PE multiples this will trade on. Anyone really doubt this will minimally be a 500m market cap company?
The cost of 23k per annum leaves room for much revenues, but the aspect I find most interesting in the RNS is that it is designed specifically to support the goverment mandate as set out in the 8 Gatsby benchmarks, meaning schools, colleges etc will have to use launchpad as there are no competitors who can deliver same thing.
Incredible numbers associated with this, also don’t forget the 32,113 schools in the UK.
Will probably be bought out before it is able to develop in to a $1bn listed entity.
I’m hinting to you predator a blockbuster idea in tech that has the ability to infiltrate many different sub markets in VR and potential to reach countries such as China and USA.
Both have similar market caps, but one has significantly more upside potential, consolidated by revenue. Which one will hit the 200m market capitalisation first?
When volume arrives this will motor to 20p plus instantly.
Well I’ve put my prediction out there, sub 20p shares will seem a baragin in few months time. And agree, this will be an extremely attractive option for funds/ ‘big players’ who understand the valuations involved in a tech/software/VR company.
500m market cap company within 3 years, if not already taken over by then.