Microlise Share Discussion Threads

[citys2874] 12/4/2024 16:04

new year high ...mms ticking up now

[its the oxman] 11/4/2024 19:54

Further buying today, looks set to go higher.

[northwards] 09/4/2024 16:23

Nice: https://x.com/scswsharewatch/status/1777583617851462141?s=46&t=6L3i5L2B0LVcI0QnNB2C4A

[masurenguy] 09/4/2024 07:14

A positive set of results with sales increased by 13%, EBITDA and net cash ahead of market expectations plus a maiden dividend of 1.725p.

Results for the year ended 31 December 2023
Strong performance driven by consistent strategic execution

Financial Highlights

· The Group has driven an increase in total revenue to £71.7m (13%) for the 12 months ended 31 December 2023 (FY22: £63.2m).

· Growth in the period was a result of continued strong demand from Original Equipment Manufacturer (OEM) customers and increased revenue from direct customers towards the end of the year as an improvement of new vehicle availability in H2 enabled the Company to deliver against its record orderbook.

· Recurring revenue +11% to £45m, ahead of market expectations, supported by the renewal of several major customer contracts and new customer wins (FY22: £40.5m).

· Gross profit +16% to £43.6m (FY22: £37.6m), at a gross profit margin of 61% (FY22: 60%) due to the increased gross margin % from both recurring and non-recurring revenues in the period.

· Adjusted EBITDA +15% to £9.4m (FY22: £8.2m), ahead of market expectations. Adjusted EBITDA percentage has increased marginally to 13.1% (FY22: 13.0%). Operating margins flat following the previously announced commencement of the Group's investment programme to improve its go-to-market and product offering and support further growth.

· Continued strong underlying cash conversion exceeding 90% reflecting growth in subscription revenue and continued good working capital management.

· Robust balance sheet with £16.8m cash and cash equivalents (FY22: £16.7m), £10m undrawn Revolving Credit Facility and £20m accordion facility available until April 2027 with the option to extend.

· Maiden final ordinary dividend of 1.725 pence per share (FY22: nil) payable on 28 June 2024 to shareholders on the register at close of business on 7 June 2024.

Strategic and operational highlights

· Subscriptions +6.8%, driven by continued growth in our existing customers together with new customer wins (FY22: 599,000).

· Annual recurring revenue (ARR) run rate +12% to £47.7m, of which 11.8% represented organic growth at 31 December 2023 from £42.6m on 31 December 2022.

· The Group added over 450 new customers in the period and long-term contract customer churn rate by value remained very low at 0.7% (FY22: 0.4%)

Current Trading & Outlook

· Microlise enters FY24 with good momentum driven by consistent strategic execution. Looking ahead, the Board expects organic growth to improve from current levels as we move through the year supported by a healthy orderbook and pipeline of opportunities across OEM and direct customer divisions. Operating margins are expected to trend upwards in FY24 and beyond, as we focus on careful management of the cost base and efficiently scaling the Group.

· We started the new financial year in line with our expectations and remain very confident with the opportunities we have in front of us, and in our ability to deliver against market expectations.

· Recent acquisitions of Transportation Management System (TMS) providers, Enterprise Software Systems and Vita Software, as well as vulnerable road user app supplier K-Safe are trading in-line with our expectations.

Nadeem Raza, CEO of Microlise, commented: "Microlise performed well in FY23, delivering double digit revenue growth, increased profitability and strong cash flows. During the period, we secured the renewal of several major customer contracts and significant new logo wins. We are continuing to build a resilient business to deliver sustained, efficient growth having made three key acquisitions that have enabled us to improve and expand our product offering. Our focus remains on scaling our business and increasing margins through consistently improving the efficiency of our business. With the supply chain issues in the first half of the year now fully behind us, and with a strong order book and healthy pipeline, we look forward to 2024 with confidence."

[citys2874] 08/4/2024 22:56

Investors and analysts presentation tomorrow should be good. Winning a £10.6 million five your contract with woolliesX, is the same value for the two acquisitions made by the company.

Enterprise Software Systems has been trading for more than 25 years and is a supplier of transport management software (TMS) for medium to large UK transport companies, offering end-to-end solutions. This acquisitions gives them access to more clients and bigger contracts and should pave the pathway for bigger revenues this year. They have won one of the biggest retailers in Australia, so more retailers should follow and can see them dominating the retailer industry in Australia very soon as well as the UK.

Expect some buy ratings from analyst and a lot more people buying Microlise shares over the nest few days and next week, when Press and analyst coverage begins.

This is a multi-bagger share and a gem of a company whose customers love them.

[citys2874] 08/4/2024 12:20

Microlise, a prominent provider of transport management software to fleet operators, has promising growth prospects.

Let’s delve into some key factors:

Market Demand: The transportation and logistics industry is rapidly evolving, driven by globalization, e-commerce, and supply chain complexities. Microlise’s solutions cater to the critical needs of fleet management, route optimization, and real-time tracking. As demand for efficient logistics grows, Microlise is well-positioned to expand its market share. It dominates the UK retail industry.

Innovation and Technology: Microlise invests in cutting-edge technology, including telematics, IoT, and data analytics. Their software enables fleet operators to enhance safety, reduce fuel consumption, and improve overall efficiency. As technology continues to evolve, Microlise’s commitment to innovation will drive sustained growth.

Global Expansion: Microlise operates in multiple countries, serving diverse industries such as retail, healthcare, and construction. Their global footprint provides opportunities for expansion into new markets. As they forge partnerships and adapt their solutions to regional needs, Microlise can tap into untapped growth potential. They just won 20 million dollar contract with woollies in Australia and more to come.

Strategic Partnerships: Collaborations with industry leaders, OEMs (original equipment manufacturers), and logistics providers enhance Microlise’s reach. These partnerships facilitate cross-selling, product integration, and access to a broader customer base. As they nurture existing relationships and forge new ones, Microlise’s growth trajectory remains positive.


Sustainability and Green Initiatives: With increasing emphasis on environmental sustainability, Microlise’s solutions align with the industry’s push for greener practices. Their focus on reducing emissions, optimizing routes, and promoting eco-friendly driving positions them well for growth in an eco-conscious market.
Acquisitions and Product Diversification: Microlise has a history of strategic acquisitions, expanding their portfolio and capabilities. By diversifying their offerings and addressing emerging industry needs, they can capture additional market segments and drive revenue growth.


Customer Success: Microlise’s commitment to customer satisfaction and support fosters long-term relationships. Satisfied customers are more likely to recommend and expand their usage of Microlise’s solutions. As they continue to prioritize customer success, organic growth opportunities abound. The keep their customers happy and cross selling their new products via new acquisition enhancing customer value all the time

In summary, Microlise’s growth prospects are buoyed by industry trends, technological advancements, global reach, and a customer-centric approach. Investors can expect a strong financial performance tomorrow, increasing range of products and services, even more strategic moves and acquisitions globally, along with bigger value contracts and new wins in 2024.

Multi-bagger gem of a share

[citys2874] 08/4/2024 09:25

in the top 20 percentage gainers now buys outstripping sells....could see some strong volume today and big rally

[citys2874] 08/4/2024 08:54

Buying pressure very strong today could rally massively today

[citys2874] 05/4/2024 16:54

BGF Investment Management Limited seems to be adding and upping its holding in this as well, may see other institutions coming in too over the coming weeks

[janet07] 05/4/2024 15:55

britishbulls gave this a BUY rating i see

[janet07] 05/4/2024 15:32

great company and 2024 should be big year with its acquisition last year...may even multi-bag this year, results are going to be strong too, so next week can see this catapult....i have bought some today

[janet07] 05/4/2024 15:30

this is broken all time year highs today and should move up towards 2.00

[citys2874] 05/4/2024 14:42

In the top 13 gainers / risers now moving up the leaderboard....buying pressure gaining momentum and this under the radar share is starting to get noticed. Technicals are now saying this is a BUY ....so once this breaks past 1.60 it should push up quite quickly past 1.75+ this afternoon

[citys2874] 05/4/2024 14:19

Expect we will see a lot more people buying into SAAS today and we should rally this afternoon

[citys2874] 05/4/2024 10:46

15 on the percentage gainers leaderboard now...buys outstripping sells....looking like a major bounce up coming later today ....gaining real momentum and traction now ....great time to buy ....see this above 2.00+ next week

[citys2874] 05/4/2024 10:23

in the top 20 percentage gainers now.....moving up the leaderboard nicely this morning

[masurenguy] 05/4/2024 10:09

Post # 61 - please keep your links to Alliance Pharmaceuticals on it's own thread !

[citys2874] 05/4/2024 09:34

in the top 30 percentage gainers now .....strong buying pressure ....mms ready ticking up and primed to let go

[blackhorse23] 05/4/2024 09:28

https://www.londonstockexchange.com/news-article/APH/full-year-trading-update/16307097

[citys2874] 05/4/2024 08:54

in the top 50 percentage gainers now .....great opening 45 minutes

[citys2874] 05/4/2024 08:51

major bounce up coming today...strong opening start and mainly all buys ....may really rally today with new year highs broken and good volume

[masurenguy] 05/4/2024 08:44

Despite a down market day SAAS just hit a 12 month high this morning !

[citys2874] 05/4/2024 08:29

Strong blue opening start .....new year highs coming today

[citys2874] 04/4/2024 16:22

Several Microlise customers had already initiated successful trials of the k-safe product in their operations, with plans to implement it further.

The acquisition will now enable Microlise to exclusively offer Flare Aware to its customers, with dynamic hazard warnings only being made possible due to the Flare mobile app user network. This dynamic hazard solution, combined with the existing functionality of Microlise's hazard warning product offering, creates a unique and attractive safety product for logistics operators, with Microlise customers already successfully trialling the product in operations and looking to roll out implementations.......expecting some new contracts wins very soon too...may get some news next week on results day

[citys2874] 04/4/2024 16:12

In the top 100 risers today with very little volume, agree Masurenguy imagine when the volume does kick in .....expecting a massive rise coming this and next week and buy ratings coming very soon