Member Info for james2k66

Pilgrim1, ill be here with you!

Summary:

As Integumen approaches 2020, the company is engaging with a wide range of global
skin and personal care companies and expects that average sales contracts will range
between £100,000 and £500,000 for data as a service and multi-year skincare R&D
framework agreements. Consequently, the company has good revenue visibility and
excluding the likelihood of income that may be generated from the company’s
agreement with Parity, Integumen is providing guidance that revenue will be
approximately £4m in 2020. With the company outlining in early October 2019 that
2019 revenue would exceed the £1m mark, we believe that it is evident that
Integumen’s AI focused strategy is gaining significant momentum.

Link
https://t.co/G4oSuGWJhZ?amp=1

Lovely day guys, great progress, even with the sp! LTH dream share right here (imo!)

cesspool is right! Great article by elrico

And don't worry about the drift back in sp, bound to happen as the short termers bail with their 10%s

This time next year Rodney..

Is there a glitch with lse? i keep getting these green boxes which appear then disappear.. almost as if a bad smell which you cant actually smell is being removed. ;)

Keep up the good work admin!

And that doesnt include todays framework, its insane

Im 36 in 5 days. So likewise :D

There was a time id be selling with this kind of rise. But now i'm even more content to wait and watch the fun times begin.

This will be huge (imo) Now to figure out how to jam more of these into my isa :/

Also silly though it may be, in the top 5 risers :)

I did that last night, lasted reading 2 of his posts before it was back on again. What a chump

I mean as we said, it would take one thing to bust the malaise on the sp and drive us up. I think this is it!

I'm of course very happy with the news, but we have had good news with no sp movement before, so i'm very happy for all of us here that we are actually seeing some up sp action!

So well done to all the regulars here and welcome onboard to any new investors joining this ridiculously disruptive company!

did the penny finally drop?

When was the last time we got a +6.5% rise at the open??? awesome!

And how about the 2020 revenue guidance of 4m before this deal? This is going to be exponential!

It's fantastic. And the CEO has just said boom. I wonder when we as shareholders will get to say it? :)

GB on Twitter

If Carlsberg could do perfect complimentary partnerships, #Parity and #Integumen for #AI would be right at the top. New CEO since Feb with £2m cost savings so far. An overlooked gem. £86m revenue, now increase revenue per client with higher margin #Rinodrive service. Boom

This company is going places. Who could deny it now??

Gerard Brandon, CEO of Integumen plc, comments:

"We are delighted to be able to roll-out the Drive4Growth AI platform in partnership with the credibility and reputation that Parity data experts hold, with an extensive, if not exhaustive, list of public and private institutions. We look forward to working alongside Parity to extract greater value for their clients and contribute to the transformation of the UK's National Health Service, public and private institution data over the next few years."



Matthew Bayfield, CEO of Parity Group plc, comments:

"Parity is pleased to be partnering with Integumen and rolling out the Drive4Growth AI platform to our client base. We have been working with many of the same clients for 45 years, so we understand their needs. With healthcare sector data growth in 2020 expected to double every 73 days, our clients need to securely manage and extract greater value using analytics and AI in order to make important decisions. The Drive4Growth AI platform delivers on those requirements, increases revenue per client, increases client contract term and generates a higher margin, leading to greater profitability

Integumen announces that it has signed Heads of Terms with Parity plc to enter a multi-year Framework Agreement ("Agreement") to be completed on or before the 18 December 2019 for the supply of Artificial Intelligent ("AI") software across Parity's National Health Service ("NHS"), Central Government and Private Institutional clients.



This Agreement creates an opportunity to cross-sell intelligent data management, extracting value using analytics, with a focus on proving return on investment, to Parity's 150+ institutional clients. The software includes full GDPR compliance with secure cloud data migration from existing legacy systems to a digital workplace through the military grade encryption "Drive4Growth" AI platform powered by Integumen's Rinodrive.



Combined benefits:

· Recurring shared revenue streams for both Parity and Integumen in 2020

· Value-added proposition in demand from Parity clients with c. 3 to 5-year annual contracts

· Immediate access to 150 public and private institutional clients

· Trusted approved vendor for Government and private sectors for over 45 years

· 1,000+ data experts and 100+ enterprise sales and office professionals

· Existing cross-over access to educational institutional research facilities

· Access to multiple industry, public and private sector distribution routes to market

· Well defined roadmap to next level business growth for both Parity and Integumen



Six-month trading update:

In May 2019, Integumen acquired Rinocloud Limited for £3m to enable LabskinAI to uses the Rinodrive AI platform to provide cloud-based data services to Integumen's Top 20 global skincare clients. By the end of June 2019, Rinocloud reached monthly profitability, and over the last six months (May to October) exceeds revenue from Labskin this financial year.



Outlook:

Since 2018, the Company has seen average sales grow from £5k for consumable, one-off sales to 2019 average sales of £50k as a service contract. Heading into 2020, Integumen is engaging with multiple top 20 global skin and personal care companies and believes average sales are likely to range between £100k to £500k for data as a service to skincare R&D framework multi-year agreements, providing good visibility of revenue. Therefore, excluding developments that may arise from Integumen entering into the agreement with Parity Group plc, the Company is guiding 2020 revenues of £4m.