RE: Bidstack Revenue Christmas Heavy25 Nov 2020 14:33
It is a really valid point David and one I have considered.
There are SOOOO many people who have been burned time and time again by BIDS in the last couple of years that i think they are being VERY cautious this time around with the old sages that have come on board in an advisory capacity pulling the strings from afar.
All we see on Twitter and BB is pictures of IGA and people say oooowwweeee they look nice etc etc BUT are they making Money (or enough) for a business to run.
My gut feeling is they will fall within the 10% REV target to avoid a profits warning so they don;t fall foul of AIM and that should see a 'shot in the arm' so to speak from a SP perspective.
The key is if the 'run rate' can continue into 2021 in terms of hitting December targets in Jan, Feb, March etc etc
Circa £22 mill is B/E i think so to suggest £9 mill next year is, again a big jump from £1.5 mill this year but still a way off B/E point. SAAS is great in that the testing, work and DEV has largely been done i hope so at least!!!
That means if 100k or 1bn is put in the top of the funnel it should require the same effort to churn out and 'serve' Ads.
I think Ms Cook leaving over the weekend is an indication IMO that she has not landed any big contracts they were hoping hence the shift towards singing up smaller mobile gaming companies we have seen and collaborations.
I expect that these smaller companies will see us over the line (just) but just living to fight another day is not really the game plan.
I do not expect much over the next 6 weeks unless i am way off and the SP will be 4p hence ANOTHER profits warning and the ship has gone OR come the NY Bids really need to improve their 'bedside manner' with regards to IR.
Best