The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
By Michael Susin
Bidstack Group PLC on Friday said gross and net profit for fiscal 2021 are anticipated to be broadly in line with market expectations after significant deals, though revenue is expected to be below views because of agreement delays.
The in-game advertising group said it expects gross margins for the year to have improved to above 30%, compared with 13% in fiscal 2020.
The company said it has secured a revenue stream of at least $30 million advertising spending over two years, starting March 1, 2022.
Bidstack said fiscal 2021 revenue will be significantly higher than the 1.7 million pounds ($2.3 million) posted in the previous period.
"I'm pleased to see our board and executive teams have worked closely to ensure the business is well capitalized with clear revenue visibility going into 2022 and 2023," Chief Executive Officer James Draper said.
ive got to get on with some work ,have a nice weekend
enjoy
nt to buy
long time coming
up 10% now
enjoy
bang on the money
allways follow the money
dyor which is key
cut out the noise
i can see 12-17% today
7% up
the city boys are tring to flex their muscles
dont dramp the share
Technically looks set for a break down to 186.
Painful. Thoughts?
cant see it/ your comments
in at 204
This is a CEO/Owner you want running your business.
if share price doesn't improve, he'll may take it private
MM + SoftBank + friends esp have enough equity for a private takeover and he still has his golden share so no one could veto
"we do have other options in terms of I'm a big shareholder – more than half of the business is owned by me and a few people that I'm close with.
The reality is that we've got four really strong divisions, each of which are global leaders.
even those are going to be too big for the UK market. The UK market does not support multifaceted business models.
There's loads of people pressuring me to do this, do that, and I won’t. So, at the moment, the plan is I'm just going to keep doing what I'm doing, I'm just going to trade through key peak trading period, smash our numbers like we've always been doing.
On SoftBank I do think they will do the deal. I just think it might be a deal for the whole pie instead. Take this private for IPO price. Three years doing the work they want to do and then they can carve it up how they like in Asia/ US
4% up on the day
good buys coming in
sp on the up
blue at last
rerate coming
in on the bell
216.
nice
re rate may be coming
up 12%
well said
wrong just jump 5%
38%
thr or fri
if not monday