Member Info for jabberba

I also agree, though we've only just got rid of those warrants.

Now we have a more solid foundation. Craig has said they are working on different models to most efficiently roll out existing contracts. Even 10% is hugely profitable but going on some of our longer standing contracts 40% should be achievable across the board.

There's no logic to your constant carping except you missed out.

We already have enough contracts to make this a billion pounds company. What insurance company wouldn't want to reduce churn by making them super happy with a LeakBot????

Customer satisfaction score of 87 and net promoter score of 4.9 out of 5 if I remember correctly. That's the highest in the industry.

A bull flag extends downwards or horizontal.

Anything between 30° and 45° from horizontal is textbook.

We're on track. Everything is normal. Even trolls who want to sow doubt for your loss and their gain.

Really?! 😅 I've no idea! I'm watching things from the Italian Alps. That's a lot clearer now! Thanks Bobydazzler! 😊

Or someone hoovering everything up in the background?

Yes, looks like a few numpties didn't get in at their preferred price!

No more warrants

No dilution.

EBITDA on track.

24 insurance companies with 13 million customers already signed up what's the betting we hit 30 by end of summer?

Hahaha! If there's a risk from competition then there's clearly enough money in thos!

Ondo have the patent and the first mover advantage. That's a steep hill for some newbie company that doesn't exist.

As for the money, this is a giant in the making.

Even with just 13 million signed addressable customers , merely 10% would equate to 1.3 million customers.

1.3 million x £5 per month x 12 months equals 78 million

That's recurring revenue. Multiply by 15 for a recurring revenue model comparable to peers......

And you get £1 billion +++ mcap.

That's with no further signing, a very conservative 10% take up rate and a lowly valuation metric.

Yes, so deferred not slowing. Will be reflected in the following accounts. Brilliant! Well done to those who didn't panic!

Every insurance company has piloted, and subsequently rolled out

"Short term delays" not medium, not long term.

I can't see why any insurance company wouldn't want to roll this out quickly as customers love it and the roi is fantastic.

EBITDA still on track.

14 million addressable customers is still massive

Looks like they are going to open a factory in the USA?

Sweden is becoming ever smaller as a percentage.

Good buying opportunity.

Does anyone else see a giant cup and handle?

Low at 12.5p and high off 44p

44p minus 12.5 equals 31.5

Take the high of 44p and add the cup distance of 31.5 gives you 75.5p. That's very close to the analysts forecast? It should be a little higher because it's not a straight cup and handle but slanted.

Hasn't fully formed yet but it's 98% there.

I think most of those were historic trades. Quite difficult to tell but these are just ordinary. Price action tells the story!

Looks like instructions taking the price up slowly. Very good sign.

Good volume good price action. Steady wins out. Straight up is unsustainable. No more warrants. :))))

Yes, I thought that and even emailed Craig but it fell on deaf ears!

I think they want to make this mass market by keeping the price down. There are much more houses at the lower end of the spectrum and so it's worth keeping things tight to attract the value end of the market

So I just challenged Copilot who admitted the figure of 1.2 million included all types of customers.

So £24 million x 15 equals £360 million mcap. That's obviously without any other customers. It's cracking news which ever way you dice it

Other companies with recurring revenue are valued up to x 20. So x15 was given by one analyst as a conservative valuation. I got 1.2 million from Microsoft Copilot