Activeops Share Discussion Threads

[my retirement fund] 25/5/2022 09:04

Looks to be appetite for the shares around this level

[my retirement fund] 24/5/2022 09:32

Simon, a monthly staggering wage bill and after pre float acquisitions, who's to say something was purchased at far to higher valuation ? Price weakness seems to suggest some informed sellers - with such a head count for what is still a small company, news is going to be pretty leaky, no ? Bawa purchase is a puzzle though - could always be guilt.

[davidbennett] 24/5/2022 09:11

The share price fall is unbelievable. That comes from having no liquidity with little news flow. Director share purchases seem to mean nothing especially in these markets. I’m sure this will recover but like any company in these fragmented markets, it has to prove earnings to justify valuation. One to tuck away for the medium term, I am already a holder higher up and am rustling your some cash to average down at these paltry levels.

[masurenguy] 23/5/2022 14:49

Hi Simon - the same factors also motivated me to take the plunge especially following the Bawa investment of circa £650K. His end of March timing was not good since he is already circa 25% (£167K) down so he should be even more motivated to sign up more clients and new business this year ! 🙂

[simon gordon] 23/5/2022 14:28

Hi Mas,

Bought some this morning on the expectation that it could fall more and am ready to add at 60p and 50p if it gets that low.

Like you, I saw it mentioned on a Vox Markets interview. I did look at it briefly last year but felt it was too expensive.

At £50m it looks good value for a solidly growing SAAS business which has lots of optionality. It was that chunky director related buy that made me take the plunge. That's a big plunge for an employee who isn't even on the BoD. He must be very confident and he's their most successful salesman.

[masurenguy] 23/5/2022 14:23

Are you invested here Simon or are you just monitoring this company?

[simon gordon] 23/5/2022 13:44

This small cap fund, Tellworth, seems to be the one who has added since the IPO:



Currently hold 7.57% and are third largest shareholder.

Fist became notifiable with a 5.1% position last October:

[masurenguy] 23/5/2022 13:29

Moved AOM off my watchlist and took an opening position here earlier today.

[simon gordon] 23/5/2022 11:52

£20m valuation? They've got £10m+ net cash and ARR of £20m. ARR for a SAAS at 0.5x would be amazing value. Currently, they are a net 2x ARR with a market leading product with strong potential which is proven. Organically they are growing at mid teens per anum. They should be profitable soon as their platform is built out. The director buying is indicating that they see a lot of growth potential.

[my retirement fund] 23/5/2022 11:36

The fact it managed to list with a valuation of 120M seems absurd. Looking at its history, a valuation of 20M would seemingly imply a high PE if ever they did manage to turn a profit, looking at their overheads, no ?

[simon gordon] 23/5/2022 10:45

Interesting segments from the Admission Document, particularly the potential £70m ARR:

The Group has invested in recent years in building its direct global sales team and has a strong track record of new customer wins. The Group added 13 new customers in the calendar year to 31 December 2020, including AIG, Standard Life, Morneau Shepell and Molina Healthcare, taking total enterprise customers to 78. The Directors have identified their primary target customers within the Group's focus sectors (both potential and existing customers) and estimate these opportunities alone represent approximately £750 million of potential ARR.

The Group has had demonstrable success in driving organic revenue growth from existing customers. Ten of the top 20 ARR producing customers during FY20 were also customers in FY16. Over this period, the ARR from this same group of customers doubled. In addition, in the nine months to 31 December 2020, the run rate ARR from this cohort has increased by a further 10 per cent. The Directors believe that clear, quantifiable ROI, ease of implementation and the Group's ability to deliver visibility and control across large, but diverse operations, has been key to this growth. Recent new logo wins such as Allianz, AIG and UBS have large addressable employee bases, and as a result the Directors believe there is up to a £70 million ARR opportunity within the Group's primary expansion targets.

------

FY to March 2022 it appears they've added nine new logos.

I am intrigued by the 680,805 share purchase by the EMEIA director's partner. That's a hell of a buy. Here he is:

[masurenguy] 19/5/2022 15:03

Interesting - but still on my watchlist.

[tromso1] 30/3/2022 11:33

The directors are keen buyers...

Sean Finnan - 41,458 @ 96
Julian Harper - 30,250 @ 95.5
Ashu Bawa - 680,805 @ 95
Susan Jeffery - 157,108 @ 95

About £865k worth

[18bt] 24/3/2022 08:02

Decent trading update - clearly the prospects are good, but the Co is completely under the radar until it announces some clear good news.

[tomps2] 29/11/2021 08:03

ActiveOps (AOM) interim results presentation - November 2021

CEO & Founder, Richard Jeffery and CFO, Patrick Deller present to analysts the interim results for the period ended 30th September 2021.

Watch the video here:

Or listen to the podcast here:

[18bt] 25/11/2021 08:04

Because it's going to be profitable soon and is in a growth market, so when it hits profitability it's going to keep growing rapidly.

[18bt] 20/10/2021 06:39

Positive update - it's continuing to build a highly sustainable business with worldwide groups. One for the long term and should rerate as it approaches profitability.

[rambutan2] 29/9/2021 12:30

Good:

29 September 2021

ActiveOps Plc

("the Company" or "the Group")

Contract wins and expansions at ActiveOps' largest customers

Continued progress against Land and Expand strategy, underpinning growth plans

ActiveOps plc (AIM: AOM), a leading provider of Management Process Automation (MPA) software for running complex and global back-offices, is pleased to announce continued growth in its blue-chip customer base in the first half of the current financial year, securing new logos and contract expansions across all target regions and sectors. The contracts include the Group's first enterprise level up-sale of WorkiQ into an existing ControliQ customer and several contract extensions, underpinning the Group's growth plans.

The Group intends to announce an update on trading for the six months ending 30 September 2021 on 20 October 2021.

[tomps2] 26/7/2021 10:06

ActiveOps presentation to analysts last week.

[masurenguy] 14/7/2021 07:58

Onto my watchlist - currently has a rather rich valuation.

[davidbennett] 12/4/2021 16:27

Thanks 18BT

Such an immense business model. The majority of the revenue is residual and not only that embedded deep within their clients. This is heading only in one direction.

[18bt] 12/4/2021 15:22

Good new introductory video - all the selling points in 6 minutes. Have added the link to the header.

[18bt] 09/4/2021 10:13

Attracting some interest

[ny boy] 29/3/2021 22:58

Looks like they are in the right sector as demand soars for firms wanting to use their software as firms invest in technology facilitating remote working and ensuring security.

I’m in for the growth.