The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sorry I wasn't clear I was referring to net ARR retention rate which if above 100% is a great indicator of reduced customer churn and increased spending of existing clients. Above 100% is good some big hitters like crowdstrike report around 120% dark last reported 105%
I used to hold shares here amd brought back in the ipo. The company is worth a lot more than the current price in my opinion but I think its being held back by the legacy issues of its main owners and insiders too willing to dump stock as soon as they are able.
The company has constantly proved they are getting better the have increased ARR and retention which is what the main concerns were which seems to go against analyst opinions which tend to be on the sell side. Feels like a bit of a city vendetta against the shares. Cyber security is a necessity these days and the recent acquisition can be sold to customers as an extra module increasing that retention figure to above 100%. Will probably take a serious look here after rather insider lock up ends in May.
I think it helps that it is a well known and generally respected investing site which has recommended equals. Puts the name out there and gets people looking at the stock. I think most retail get most information from financial media as opposed to their own due dilligance.
I think equals is good for any tipster to be honest. Seems to be little downside risk so probably a safe bet for them.
Is a pretty good read very in detail. I'm guessing quite a lot of work went into in hence it being stuck behind a paywall and seems pretty bullish with a 6 month price target of 120p. Nice to see people realising the potential equals has.
Great way to end the week. Moved the shares more than the earnings report. Equals getting noticed
I would expect to see revenue increasing faster than costs now so would expect to actually make good profits this year as the business keeps growing. Hopefully also see higher margins as the solutions business takes off
My mistake. Just multiplied by 365. Working days makes more sense
222k per day is over £80mill full year 2022 revenue hopefully this will translate into big profits as economies of scale kick in.
Earnings can't come fast enough. This invasion has put this share back a bit. Need an update now to get moving again.
Nice to see DARK taking advantage of the reduced tech stock premiums at the moment. Acting more like a growth company by making acquisitions similar sort of strategy as the yanks have with bolt on acquisitions which add value and enhance product offerings should help the retention % too would be nice to get ot above 100%.
In other news seen Peel Hunt not doing too well down nearly 40% since their IPO not a good look for them ??
Seems like 78p is the floor currently keeps bouncing off the 78p mark maybe the price some of the Institutional investors paid. Good bit of support there.
Normally when a large stake is sold price tends to go down not up. Very Good news indeed
Bit of a show of confidence has helped the SP today most likely brought as they liked the trading update showing continued strong trading.
Thanks. I just assumed as previous holding was N/A they brought it all in one scoop
Schroders just brought nearly 6% stake in equals great show if confidence there. Clearly a demand for the company building
Looking pretty good though. £10million in the last 2 months so looking like growth is still going strong. Good to see they are re investing cash in boosting the sales team too. Equals solutions starting to take off £1.2 million in the last period vs £3.1 million for the year so could easily run to £7mill plus next year on a Conservative guess.
Very Happy with the update
Why a share buy back? Growth companies should never buy back their shares. They should spend the money on R+D instead. Share buy backs are for highly cash generative businesses who don't have anywhere else to put their money. Makes no sense for a company like darktrace.
Lol. I give up. Vox Markets must be blocked for some reason.
Not sure why it keeps starring out '**********' but put that in place of the ******
https://www.**********.co.uk/articles/equals-h121-results-q-a-09c2daa/
Sorry try this link