Member Info for stt1

james,
"Forecast revenue for FY 2021 is £10 million. Their target price remains at 9p."

A mere £4m revenue increase over the 2020, pre-Covid, figure of £6m!!!
The adj EBITDA is £1.1m, up from £250k, so an increase of £850k.

Given Covid19 has presented the biggest opportunity for the company, I think those forecast figures are very disappointing.

Sales were going to spike at the start of the pandamic. There needs to be evidence of repeat orders and the demand continuing to the end of the year.

Mcap £24m for a company forecast to make £1.1m adj Ebitda!!! I think any potential is already in the price.

Tilly,

"The beauty of Byotrols' Invertu is it is alcohol free."

That's not unique.
I saw a TV add by Mydis advertising their products. Non-alcohol and kills Coronavirus.

Where's Byotrol's PR campaign?

https://www.medisave.co.uk/my-dis-hand-sanitiser-100ml-alcohol-free.html

Bald

"Surely it's the same - or very similar - to issuing new shares."

If they were going to use shares held in treasury to acquire another company then why didn't they do so when they aquired Unruly. It would have saved issuing 6.91% new shares to News International.
So they issue shares for options and when acquiring other companies but then a small buy back!!!

Rusty,
"Price has peaked, not a chance, the market capitalisation is peanuts. "

Last year, the sp was around 190p during the buy back. The sp still crashed and it didn't prevent the profit warning.
Earlier this year, the sp was around 175p when Trmr bought Unruly. The sp rose to over 200p before crashing back in mid March.

I don't think the Mcap is peanuts if you look at the results.

Tricky
"Stt1 begs to differ with Tremor's deal and suggests that it is too expensive"

You do like to twist what I've actually said to suit your agenda.
lol

I noticed you missed out that Unruly generated a LOSS of $11m (£8.8m) in 2019 and that News International (NI) got rid of Unruly at a fraction of the price they bought them for. Suggests they were happy to get rid of it at a loss.

Read the company newsflow. Read what is actually posted.

Riosurfer
"And the idea that ad tech sales are tanking"

Where do I say ad tech sales are tanking? I said ad prices are falling.
Crucial difference between the two.

Publishers are also pulling ad inventory hoping to support ad prices.

https://digiday.com/media/publishers-pull-ad-inventory-from-programmatic-markets-to-protect-ad-prices/

Bald_Eagle,
"Stt1, so by your own asmission you are talking rubbish....£30m over 3 years is £10 per year. "

Not at all. Where do I state that they need to spend £30m this year?

Their revenues were £260m for last year, which includes contribution from rthm operations which were closed. These will no longer contribute revenue nor cash for this year.

£10m spend would equate to around 4% of their last year's revenue.

Unruly made a ebitda loss of £8m in 2019, which I think will result in Trmr reporting a loss for this year.

Did Trmr ever mention that they have closed Perk.com?

Scorpion
"The £30m to Unruly is over 5 years but I guess that doesn’t suit the troll’s agenda."

Where does it say the £30m is over 5 years? According to Tremor, it's over 3 years!! FACT!

We're already in June, so 5 months have already gone and we're heading into H2 from next month.
I think we're at the start of a recession, Covid19 is going to be around for long while still, inventory payments are a growing problem, ad prices are falling, so this year will be a very challenging time for ad tech companies.

From Tremor website (says 3 years!!):

" Under the terms of the Transaction, Tremor International has committed to an ad spend of £30 million with News Corp over a three-year period as part of this agreement. "

https://www.tremorinternational.com/wp-content/uploads/2020/01/TRMR-Acquisition-of-Unruly-060120.pdf

In-Long,
"Dont care what you say it is a ridiculous length of time even if we were told it was july but I get it. I have been with this company for 9 months pre covid "

Not touchy at all. Just providing you with the correct information.

As you've been with this company for 9 months, pre-covid then you would have bought in, around May-June last year, before last year's results.

Last year's results were also in July - 24th July!
and 2018 results were also in July - 10th July!

2019 results:
https://polaris.brighterir.com/public/totally/news/rns/story/x885e9x

InLong
" either results are bad"
"waiting for results that have taken a ridiculous amount of time coming"

Have you not read the fy TU and as there is a Covid19 lockdown, auditing has been impacted. Why are the results taking a 'ridiculous amount of time'? They said July.

The fy TU, clearly states:
" the audited final results which are expected to be announced in July 2020."

From the TU, it looks like:
EBITDA £3.5m-£4m - AHEAD of expectations of £3.4m
Revenue £100m-£120m, below expectations of £120m
Cash: £8.9m
and without a full year's contribution from GBH, before the new services 'Airport', Totally Healthcare are taken into account.

https://polaris.brighterir.com/public/totally/news/rns/story/x8gpl9w

Current Mcap £38m

Bald_Eagle
"And your point is?!?"

The guaranteed £30m will need to be paid, regardless of whether there's a recession on or not. Regardless of whether there are inventory payment issues or not.
The £30m represents 1/2 the cash they stated they had as of 31st Dec.

And that's on top of the bad debt provision of $22.3m.

As part of their acquisition of Unruly, they guaranteed minimum £30m of revenues to News International.

5 months have already gone since the acquisition.

https://unruly.co/news/article/2020/01/05/tremor-international-acquires-news-corps-unruly/

Rusty,
"Thats the problem, with asking for info from posters. If they have an axe to grind you will never get a balanced view."

Rusty, this post from only 2 days ago on POG seems to sum it up nicely, don't you think?.
It was posted by someone called 'rustybucket', do you know him? :-)

"You need to be able to distinguish between negativity and reality. There is a subtle difference. Just because some people put a negative slant on things doesn't mean they are negative overall.

It just means they have a balanced view and want to be able to understand things, rather than looking at everything with very Rose tinted petalled spectacles. "

TillyTish
"Stt1. Your fixating on retail. I'm looking at wholesale . "

Strange. Your 2 yr old link yesterday refers to a trial at Target, a US retailer.

I give you a clue, from your link..
"The Manchester-based technology company has secured its first mass market RETAIL trial in the US,"

After 2 yrs of trial, it finished on 31st March.

How is Target, a US retailer, linked to your comment today that you are looking at wholesale or even the UK??

Tilly,
As you know that article is 2 yrs old, so why post it???

The initial trial was supposed to be for 10-12 weeks but trial lasted 2 years and ended in March 2020. Have you seen any evidence that Target rolled out Byot products or extended the trial?

According to this there are no Byot products at Target.
https://www.target.com/s?searchTerm=byotrol

"As this process continues we are reducing marketing spend linked to the Target retail trial and are now expecting the in-store trial to lapse at the end of March 2020. "
https://byotrolplc.com/wp-content/uploads/2019/12/2019-Interim-Results.pdf

10-12 week trial announced 2 yrs ago:

https://byotrolplc.com/wp-content/uploads/2019/06/2018-05-17-US-re-Target-trial.pdf

GTR using 30-day Coronavirus killer to further protect passengers and colleagues

http://www.mynewsdesk.com/uk/govia-thameslink-railway/pressreleases/gtr-using-30-day-coronavirus-killer-to-further-protect-passengers-and-colleagues-3001606

Is this GTR a customer of React?

GTR using 30-day Coronavirus killer to further protect passengers and colleagues

http://www.mynewsdesk.com/uk/govia-thameslink-railway/pressreleases/gtr-using-30-day-coronavirus-killer-to-further-protect-passengers-and-colleagues-3001606

The question is whether there are repeat orders and there's no indication of that.
How many are they selling as repeat orders? How many are the retailers actually selling?

oneandonly
"Stt1 think we both know that May will be more than 1 million, as it’s now back available at Boots"

The product was back on Boots online at beginning of April, so the April figure included Boots.

So you think you know more than the CEO!!!

Just 5 days ago the CEO stated that he was 'pretty sure it was at the same level'...
"PRETTY SURE at SAME level" is not the same thing as "WILL be MORE than 1m".

The other thing the CEO mentioned was that for fy2020, ending March they made £6m revenue and EBITDA of £250k.
(This included included approx 6- 7 weeks of the increased sales, Feb-March. )

From interview - DT, CEO of Byot, only last week:

""Our revenues to March 2020 were 6 million pounds, and EBITDA of £250,000. We haven't given guidance to 2021 because its moving around quite a lot. In March we did a million quid in revenue, and in April we did a million quid in revenue. "
"May I'm pretty sure will be at the same level. So we are majorly ahead of where we were this time last year. The question is whether it will endure, which I think it will, and how long it will endure at these levels."

https://www.youtube.com/watch?v=nhHOe49Vtrk&feature=youtu.be

Given the PM has just announced further easing of the lockdown, it would be good to hear if orders have remained strong going into Q2.

At the moment we only know that orders MAY be similar to March/April for this month, May. What about June and Q2, July-Sept?

They have already indicated that they expect the rate of strong orders to ease. It would be interesting to see by how much.

From interview - DT, CEO of Byot, only last week:

""Our revenues to March 2020 were 6 million pounds, and EBITDA of £250,000. We haven't given guidance to 2021 because its moving around quite a lot. In March we did a million quid in revenue, and in April we did a million quid in revenue. "
"May I'm pretty sure will be at the same level. So we are majorly ahead of where we were this time last year. The question is whether it will endure, which I think it will, and how long it will endure at these levels."

https://www.youtube.com/watch?v=nhHOe49Vtrk&feature=youtu.be