Altitude Share Discussion Threads

[nurdin] 29/1/2018 17:32

ALT has a high operational gearing...all the costs are by and large fixed now so any increase in revenues fall straight to the bottom line.Hence a 100% increase in revenue forecast for this year translates to almost 844% increase in net profits!

[craigcoad123] 29/1/2018 17:01

This I agree with - the only metric that counts is the number of suppliers signed (The more the better - like just eat restaurants so you capture as much of the orders as possible) & the exit rate q4 off signed up distributors. This is story of recurring sticky revenues. It is about 2019 onwards. Building a proper business. The more you sign up this year the better. AiM is absolutely the driver. Let's see.

[stephen1946] 29/1/2018 16:35

Next FOUR results will confirm growth here. imo.

[qs99] 29/1/2018 16:02

Key will be continuing to provide positive KPI updates such as this one so market can keep appraised of the progress (or not)...Adj EBITDA of c>£4m forecast for 2018 with EV/EBITDA end ratio of around 7 for EPS growth of 844% (!), looks like if it does continue to deliver to those numbers, that this may get a decent re-rating....lots more to be done, but Rome wasn't built in a day....DYOR and GLA

[qs99] 29/1/2018 15:55

thanks northwards. If so good, how comes reiterating not upgrading tho? Gist of note?

[northwards] 29/1/2018 15:49

Finncap reiterates £1.05 target

[nurdin] 29/1/2018 15:46

SCSW will probably give it a sparkling coverage/update this coming weekend...if they havent already gone into print.

[qs99] 29/1/2018 15:41

would be nice to see an updated broker note tho, with all this "potential" set as management expectations....DYOR

[john09] 29/1/2018 15:37

The initial revenue numbers I don’t think are that important it’s the traction !

Honestly I couldn’t be happier with today’s news and can’t wait to see this price move

[qs99] 29/1/2018 15:29

ANy new broker notes out after today?

[northwards] 29/1/2018 14:28

To put today's update into context, and assuming 20% commission to ALT [as per company presentation:

- 7 AIMPro members already processing orders on Channl - combined revenues of $11.2M pa / potential to ALT of c $2m+ pa via commission

- 57 AIMPro members currently on-boarding to Channl, with combined revenues of $44M pa / c $9m pa to ALT via commission

And this is just the tip of the iceberg.

[thebigshortfella] 29/1/2018 13:39

Mmm...I love being proved wrong... :-)

Fair play to Stella. She sounds like she could be an absolute star for ALT...

My concerns about delivering on the strategy were incorrect and, therefore, I need to change my mind...I am going to be putting a long on ALT...

[bone apart] 29/1/2018 10:40

ALT's only real sin, IMO, is that it got wildly hyped up early days, & that's hardly its' fault. Not being a stagger-trader I didn't take profits, which ws a mistake, but I think LTBH is the right policy here.

[northwards] 29/1/2018 10:21

For guidance on ALT commission from Channl, I suggest a look at slide 13 of this presentation from a few months back:

hxxp://www.altitudeplc.com/wp-content/uploads/2017/01/Altitude-2017-Interim-Investor-Presentation-v-7-fc-FINAL.pdf

"20% of supplier throughput revenues ..."

There is a staggering opportunity here, and today's update fills me with a lot of confidence.

Incidentally, I noticed that Channl's twitter following jumped over the w/end after being flat for a few weeks.

[robbnw] 29/1/2018 09:53

Totally agree john !

[stephen1946] 29/1/2018 09:51

craigcoat123, nascent days, at the very heart of the worlds biggest "market place" for every thing.

[craigcoad123] 29/1/2018 09:34

Oh no. Stella has hired some people......(sort of makes sense to me - you refocus on the US so you hire in the US! & the UK leavers Joseph Grant and Sanjay not really the story) very nascent days but a "market place" being formed??

[nurdin] 29/1/2018 09:15

Well I have added today on that update...seem to be gaining good traction in the USA.

[john09] 29/1/2018 09:12

Poised for a breakout here

[sheep_herder] 29/1/2018 09:08

maurice, if you'd been paying attention, then you'd probably have a good idea.

A lot less filtered people this morning, I wonder why.

[john09] 29/1/2018 08:36

erm. Fill your boots folks this will fly , peopel are asleep here. I already own 30,000 . happy days

[mauricemonkey] 29/1/2018 07:47

It's a shame we don't know how much of that revenue feeds into the company as commission, it's good to see progress though.

[stephen1946] 29/1/2018 07:28

Traction thats for sure, Nicky looks like a Star, that will bring out the sparkle in Alt, and she has only just started.

Four have been quite vocal recently about losing market share in a tough market, now you can see where it is going.

[nw99] 29/1/2018 07:17

Great news silenced the doubters