Share Name Share Symbol Market Type Share ISIN Share Description
Attraqt Group Plc LSE:ATQT London Ordinary Share GB00BMJJFZ18 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.50 1.75% 29.00 10,000 16:26:12
Bid Price Offer Price High Price Low Price Open Price
28.00 30.00 29.00 28.50 28.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 19.43 -4.41 -2.70 52
Last Trade Time Trade Type Trade Size Trade Price Currency
16:27:32 O 5,000 29.90 GBX

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Date Time Title Posts
04/3/202007:15ATTRAQT Group plc eCommerce search, merchandising, recommendation technology323

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Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-06 15:27:3329.905,0001,495.00O
2020-08-06 15:27:1129.005,0001,450.00O
2020-08-06 06:15:1027.00100,00027,000.00O
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Attraqt Daily Update: Attraqt Group Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker ATQT. The last closing price for Attraqt was 28.50p.
Attraqt Group Plc has a 4 week average price of 28p and a 12 week average price of 24.50p.
The 1 year high share price is 40.50p while the 1 year low share price is currently 24.50p.
There are currently 180,048,207 shares in issue and the average daily traded volume is 418,652 shares. The market capitalisation of Attraqt Group Plc is £52,213,980.03.
rivaldo: More extracts from N+1 Singer's note as promised: "Transformed opportunity; executing to plan ATTRAQT’s first set of results post the Fredhopper acquisition are in line and show the transformational impact of the deal. We are excited about the group’s opportunity to address the 56,000 online retailers it can target with its technology. The group has shown good contract win momentum and secured its second largest win in its history post period. It is growing double digit organically, has c.85% recurring revenues, profitable and cash generative. We believe there is the potential to deliver significant shareholder value from these levels, where valuation is at 2.2x 2018 EV/Sales." "2nd largest ever win post period The group won 13 new logos, including Arc’teryx, Brora, Country Attire, Hunter Boots, Specsavers, and The White Company. Post period, there were further strong wins including one of the largest global sportswear manufacturers in the world across both EMEA and North American regions. This is the second largest win in the group’s history. H1 revenues together with the exit run-rate (£16.5m) give visibility of 93% of FY’17 revenues." "2.2x EV/Sales 2018 attractive ATTRAQT trades on 2018 multiples of 2.2x EV/sales, 14.4x EV/EBITDA and 23.2x PE. Comparable SaaS companies have average EV/Sales of 3.3x and EV/EBITDA 2018 of 21.7x. With c.85% recurring revenues, organic growth in 2018 of c.17%, a highly operationally geared model, a positive demand environment and a global market opportunity, we believe the shares are good value. Putting ATTRAQT on the average 3.3x 2018 EV/Sales multiple implies a 68p share price."
rivaldo: Del, N+1 Singer believe the shares are "good value" and say their forecasts imply a 68p share price. I'll try and post more later.
rivaldo: Still looking strong. I came across this article in Shares Mag not posted here before which is a decent summary: Https:// "Why Attraqt will make its profits breakthrough this year 17 May 2017, 11:57 London-based ATTRAQT (ATQT:AIM) is a small online and mobile display and inventory control technology start-up that is leveraging its Freestyle platform to become a trusted digital partner to many otherwise traditional retailers. Superdry, North Face, Timberland, Vans and Tesco’s F&F fashion brand are customers, among others. The company’s update on Fredhopper today, bought in March, is flying under the radar of most investors – the share price remains flat at 44.5p. But it shouldn’t. Scale at a stroke ATTRAQT bought Fredhopper in a £25m cash deal in January, a cloud-based provider of onsite search, navigation and visual merchandising solutions to online retailers. That deal forced the company to suspend trading in its shares under listing rules because the deal constituted a reverse takeover, or in other words, when one company buys another business which is much larger in size. Share dealing resumed on completion of the acquisition on 8 March. In short, integration is now complete across a number of levels from executive team, sales and account management and product development, with the group offering both Fredhopper and Freestyle merchandising products. Interestingly, a new vice-president of sales in North America has also been appointed, spearheading efforts in one of the key markets for international growth. ‘ATTRAQT had done well in the smaller and mid-tier market while Fredhopper had been most successful in larger retail organisations, generally those with their own IT department and infrastructure,’ explains Peter Roe of the TechMarketView website. ‘Whilst the deal with Fredhopper was primarily about creating scale to more effectively exploit the global growth opportunity, the group confirmed the potential for significant cost savings through better management and forward planning of the hosting infrastructure,’ explains Tintin Stormont, analyst at N+1 Singer. Interestingly, Stormont points out that while ATTRAQT has yet to quantify this amount, ‘there is little in our forecasts by way of cost,’ she says. The broker is anticipating maiden full year pre-tax profit from ATTRAQT in 2017 of £1.1m, a big step up from the £1.8m equivalent loss the 12 months to 31 December 2016. Revenues this year are set to go from £3.6m to £14.9m. Sales and pre-tax profits in 2018 are pencilled in at £20.4m and £2.6m respectively. Shopping future is online The internet is fast becoming the destination of choice for shoppers. Online sales across the entire retail sector, excluding food, have been outpacing in-store growth for some time. Online sales grew 18% last year (2016) and have soared by 27% over the past two years, according to figures from BDO, an accountancy firm. Bricks and mortar shop sales fell over both periods. That represents a massive opportunity for ATTRAQT, with its best in class technology demonstrably improving client sales conversion rates, improving repeat business and streamlining benefits behind the scenes. ‘The combination with Fredhopper has transformed ATTRAQT in terms of its scale, financial profile, and market opportunity,’ says N+1 Singer’s Stormont."
webpax: Agreed TP they really seem to be going for it. I'm impressed by the amount they raised (a good chunk rather dribs and drabs) and also how well the share price has held up since the placing - they are obviously being tightly held. I too am looking forward to the next update.
cyberbub: I reiterate my view that a share price of £3 in the next couple of years seems quite feasible. That would be a £75M market cap, on a 'growth' p/e of say 18 that would mean post tax profits of only £4M. Add on tax @ 20% = £5M. Add overheads (say increased to £4M) = £9M. At a high gross margin of 80%, that makes about £11M revenues? Based on the last interims, the company in early 2016 is already on an annual 'run-rate' of a good £4M revenues in my judgement. Surely the latest fundraising and increased sales team, together with systemic growth in online commerce generally, gives the company a great opportunity to reach £11M revenues in the next couple of years?? GLA NAI
the prophet: the increase in the Azini stake is 417,000, which happens to be exactly the same number as selling shareholder Alan Docter was selling, as in the RNS dated 12/11 So it seems very likey that is where Azini's 'extra' shares have come from
the prophet: recent shares mag article on ATQT. Worth noting that although Sharesmag reckon there is no need to rush in, a break into the black could give a substantial re-rating. My understanding is that that move into profit is happening roundabout now, so given how tightly the shares are held, it may be tricky with +ve news on a move into profits to get hold of any/many shares around current levels. as ever, imo, please dyor. Fundamentals Attraqt’ion STEVEN FRAZER Sep 28, 2015 Retailers are increasingly looking at multi-channel opportunities and international expansion to win customers and retain loyalty, and specialist platform start-up Attraqt (ATQT:AIM) looks well-placed to benefit. The company only joined AIM last year (19 August), raising £1.25 million from investors at 50p for a £10.3 million launch market valuation. The shares are currently trading at 17% premium to the float price at 58.5p While the digital commerce space has been littered with flops during the past 18-months or so, including Mporium (MPM:AIM), the old MoPowered business, Attraqt is rapidly building a customer base, signing 24 new deals in the first six months of this year to 30 June, both in the UK and overseas. This has taken the total to more than 100. Around 20% of those customers are pure online businesses, the bulk being bricks and clicks organisations looking to e-commerce to bolster their traditional store sales. This means Attraqt can leverage its Freestyle Merchandising platform from the ground up, becoming a trusted digital partner to many otherwise traditional businesses. But what makes Attraqt arguably stand out from other e-commerce hopefuls is that management demand cash generation from the business and are not simply chasing top line growth. Chief executive officer (CEO) Andre Brown is ‘very determined on cash positive and break-even,’ explains Panmure Gordon technology analyst George O’Connor after meeting management. This cuts the risk of future fund raisings simply to keep the business going despite having just £190,000 net cash on the balance sheet. ‘We believe the group is on target to reach EBITDA (earnings before interest, tax, depreciation and amortisation) and cash break-even on a recurring monthly basis during the second half as planned with no further requirements for cash,’ spell out analysts at house broker N+1 Singer There seems no rush to dive in right now but ongoing signs of that vital break into the black could spark a substantial share price re-rating down the line. BROKER CONSENSUS Buy1
Attraqt share price data is direct from the London Stock Exchange
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