Batm Advanced Communicat... Dividends - BVC

Batm Advanced Communicat... Dividends - BVC

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Stock Name Stock Symbol Market Stock Type
Batm Advanced Communications Ld BVC London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 92.50 01:00:00
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Batm Advanced Communicat... BVC Dividends History

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wizzkid211: BATM Advanced Communications Ld First enterprise customer for NFV with $2m order BATM receives $2m NFV order from first enterprise customer Global construction materials company, CEMEX, selects Edgility OS for company-wide virtual operating system BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, is pleased to announce that it has signed a contract with CEMEX S.A.B. de C.V. ("CEMEX") (NYSE: CX), a leading global building materials company with annual sales of $13bn, to provide Edgility OS, the Group's network function virtualisation ("NFV") operating system. CEMEX is the Group's first enterprise customer for its NFV solution. The contract is expected to be worth approximately $2m with revenue commencing by the end of the current year. The Edgility platform will enable efficient communication between CEMEX facilities worldwide, connecting its thousands of locations. We believe this represents a significant growth market for BATM, and one that is high margin in nature
dibbs: Paul Scott wrote a little about BVC on Stockopedia the other day which I don't think has been posted here. Pretty positive, even though it's not really his type of company or sector. What I found interesting was that no comments from subscribers were regarding BVC. For me showing how little following this company currently has in the PI sphere. Commentary below.... Batm Advanced Communications (LON:BVC) 88.6p (unchanged at 13:41) - mkt cap £387m This is an Israel-based company with telecoms and medical divisions, which has been listed on the main UK market for about 25 years - impressive staying power. Apart from a brief flurry between 2009-2011, there have not been any divis. I wouldn’t normally take things any further, as experience has taught me that it’s generally best to avoid overseas small caps that list in the UK. However, the 25 year history of its London listing, and really impressive headline results numbers yesterday have caught my eye. Interim Results Revenue of $71.4m in H1 - a meaningful amount, but down 7.7% on H1 LY Gross margin notably higher, at 36.0% vs 29.7% H1 LY - although still quite low in absolute terms Humongous increase in adj operating profit from $2.8m to $20.5m - there are clearly some one-offs in that. Bio-medical division is the main part of the business, with H1 revenues of $55.1m, and an adj operating profit of $9.4m - an exceptional contract for ventilators is mentioned, so I don’t know how sustainable the profits are? Diagnostic test kits for covid-19 are also mentioned, so that could again be a variable factor. Disposal of NGSoft (non-core business) generated a one-off profit of $13.0m, so that makes up about two thirds of the reported operating profit. Outlook/Guidance - more detail is given, but this is the key bit - As a result, the Group expects revenue for full year 2021 to be approximately 5% ahead of market expectations. With the greater than expected ongoing demand for the Group's COVID-19 diagnostic solutions, which are higher margin products, combined with the capital gain from the sale of NGSoft recognised during H1 2021, the Group anticipates full year EBITDA to be more than 20% ahead of market expectations, reflecting growth in EBITDA of over 40% year-on-year. Balance sheet - looks very strong on paper, including $62.2m in cash. Receivables of $38.9m, and inventories of $33.8m both look rather high to me. Dividends - given the strong balance sheet, and cash pile, why isn’t it paying divis? This cropped up in the webinar which I listened into yesterday. Previously the company had indicated its intention to distribute surplus cash to shareholders, which was reiterated in the webinar. When asked about timing, management replied that it needs to be approved at the AGM in Oct 2021, at which time they will also announce the amount of the dividend. It will be interesting to see how much cash is paid out in due course. My opinion - neutral. I don’t normally invest in overseas small caps that list in the UK. Too many of them have gone wrong in the past. That said, Israeli companies listed in the UK have a mixed performance. I did well on a thing called Pilat Media a few years ago, which was taken over at about 3x the previous price. Then Plus500 (LON:PLUS) has been a rollercoaster, and ran into regulatory problems, but survived and prospered. Tremor International (LON:TRMR) has also had a very bumpy journey but seems to be thriving now. Xlmedia (LON:XLM) also went all over the place. So it’s a strange area. Israeli companies seem very good at tech, and innovation, but you don’t always necessarily get what you think you’re buying! Mind you, we can say that about lots of other companies from other countries too, including the UK! Management did a good presentation on the webinar yesterday, and there certainly seem to be some interesting parts within BATM. It struck me as being mainly an innovation company, which seems to have done well with some covid-related products. Mgt also talked about a new lollipop they are developing which is lemon flavoured, and makes covid testing much more pleasant, e.g. for children, which sounds like a good idea. Overall, it’s much too complicated, and difficult for me to analyse, so I’ll leave it there. I just review the numbers, and with one-off, exceptional contracts & profit on disposal, trying to work out future profits is too speculative for me to form any view on the shares. Good luck to holders!
reeltime: Bargain shares: On the earnings upgrade Earnings momentum is the key driver of share prices which is why our small-cap stock picking expert targets companies that are likely to overdeliver. Three companies on his active watchlist have done exactly that. August 23, 2021 By Simon Thompson Earnings momentum is the key driver of share prices which is why I am always on the look-out for companies that are likely to overdeliver. BATM Advanced Communications (BVC:91p), a provider of medical laboratory systems, diagnostic kits, cyber security and network solutions, has done just that. Buoyed by high single-digit underlying revenue growth on sharply higher profit margins, the board has upgraded annual cash profit guidance by 20 per cent. House broker Shore Capital raised full-year cash profit estimates from $23.5m to $28.4m, up from $19.9m in 2020, on revenue of $138m (£101m). On this basis, expect 2021 pre-tax profit to rise by 70 per cent to $23m and deliver earnings per share (EPS) of 3c. Admittedly, a non-core business disposal boosts the profit number, but on a like-for-like basis analysts still upgraded their cash profit estimate by 16 per cent to $15.4m. Moreover, they pushed through high single-digit cash profit upgrades for 2022 (to $18.1m) and 2023 (to $25.9m). Strip out net cash of $59.6m (10p a share), and BATM is rated on 18 times 2023 cash profit estimates even though analysts expect “further upgrade opportunities in coming reporting periods.” The upgrade cycle has further to run. It’s not the only one either. BATM’s massive earnings upgrades Cash profit guidance raised by 20 per cent, implying 40 per cent year-on-year growth, leads to major earnings upgrades. Strong order book with diagnostic division seeing sustained demand for Covid-19 diagnostic kits. Completion of proof of concept trials of BATM’s new Edgility product suite set to deliver second half orders. Roll-out of Edgility by Hong Kong based PCCW. In the first half, BATM’s gross margin surged from 29.7 per cent to 36 per cent, a reflection of a trebling in higher margin diagnostic revenue (from $6m to $17.8m), as the group continues to benefit from strong global demand for its Covid-19 testing kits and instruments. The product suite has been expanded to include a test that uses self-collected saliva samples and a rapid flow test that can deliver results within 8-15 minutes with 95 per cent efficiency. BATM has also received CE certification ahead of the forthcoming winter flu season for a new molecular PCR diagnostic test that can identify the specific cause (pathogen) of a respiratory illness, enabling the correct treatment or action to be rapidly implemented. It can detect all prominent respiratory viruses as well as the bacteria that cause the serious pulmonary illnesses that are believed to be a secondary infection of Covid-19, such as pneumonia and Legionnaires' disease. It’s likely to be in high demand in the second half, and beyond. BATM is also anticipating “substantial year-on-year growth” from the rest of diagnostics business, too. BATM’s edge computing and network function virtualisation product suite, Edgility, is gaining momentum, too. That’s because telecom operators and service providers are now deploying their own virtualised software-based networks to leverage the benefits of 5G through Edge computing and are providing differentiated services to their enterprise customers. BATM’s focus on Edge compute (whereby data processing takes place at the network edge, nearer to the end device, to improve response times and save bandwidth) addresses their needs and is fundamental in enabling Internet of Things (IoT) technologies. Bearing this in mind, chief executive Dr Zvi Marom expects several successful proof-of-concept trials with potential telecom operators and partners to translate into orders in the second half. Partnerships with albis-elcon, the premier brand of UET United Electronic Technology AG (XETRA: UET), a publicly listed German technology group, and Stem Connect, a network provider which services enterprise and telecom customers in France, South Africa and the UK, significantly increase the group’s market presence. Importantly, Edgility is compatible for use in public cloud environments (Amazon Web Services and Microsoft Azure). In addition, expects revenue to gain traction from BATM’s licensing strategic partnership agreement with Hong-Kong-based PCCW Global, the Asia-based Tier1 group that is present in more than 160 countries and in 3,000 cities in the Americas and EMEA. The directors point out that Edgility network revenue produces 85 per cent plus gross margin, and is set to become a multi-million dollar revenue business. Growth from Edgility, ongoing demand for BATM’s diagnostic suite and cyber security contracts (two major government contracts wins worth $14.1m during the summer and a planned move to target large corporations in 2022) explain why analysts forecast strong underlying profit growth in the years ahead. BATM’s share price is up from the 80p level when I suggested buying ahead of the results, taking the total gain to 402 per cent since I included the shares in my 2017 Bargain Shares portfolio. I maintain my 170p sum-of-the-parts valuation (‘Technology winners for the new normal’, 18 January 2021). Strong buy.
paulisi: I attended the webinar and asked about the dividend.It will be announced at the AGM, but some money is going towards R&D and potential acquisitions in both divisionsNot too many questions asked, but they expect to see substantial growth on NFV. Revenue on monthly subscription basis. Expect to see it ramp up to hundreds of thousands of subscriptions in a few years time.Diagnostics is still growing and expecting to be the majority of the revenue for full year.
paulisi: Difficult to know how to interpret these results with NG Soft sale and ventilators coming out of the accounts and the impact of lockdowns.Medical division growing with NATLAB revenues to kick in and TB test coming on line.Tech side still loss making and flat on revenues, but substantial growth expected through NFV and cyberMargins significantly upPlenty of cash in the bank. No mention of dividend or bolt on acquisitionsFull year ahead of expectations.Not sure what the markets will make of it
reeltime: BATM Advanced Communications Ld Launch of Edgility networking NFV-based ecosystem 12/07/2021 7:00am RNS Non-Regulatory TIDMBVC BATM Advanced Communications Ld 12 July 2021 LEI: 213800FLQUB9J289RU66 12 July 2021 BATM Advanced Communications Limited ("BATM" or "the Group") Launch of Edgility networking NFV-based ecosystem Release of Fast SD-WAN & Firewall as first Edgility dedicated package BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that its Telco Systems subsidiary has launched Edgility, an ecosystem of networking products and services based on its network function virtualisation ("NFV") technology. In addition, Telco Systems has released its first dedicated package under the Edgility product suite, which is a Fast SD-WAN & Firewall offering that provides secure network connectivity for the small office and home office ("SOHO") market. Edgility is founded on the Group's NFV operating system, Edgility OS (formerly NFVTime). This enables Edge compute whereby data processing takes places at the network edge, nearer to the end device, to improve response times and save bandwidth. With the recent global trends of increased remote working, the Group believes there is a significant opportunity for the provision of connectivity solutions utilising Edge compute for the underserved SOHO market. In addition, Edge compute is fundamental in enabling Internet of Things ("IoT") technologies. The Group's Fast SD-WAN (software-defined wide-area network) & Firewall package provides a branch or home office with a secure network connection at a cost-effective price by adopting a novel approach to connectivity. Fast SD-WAN bypasses the need for a dedicated MPLS or SD-WAN line at the core of the network, which are resilient but costly, by leveraging multiple lines and the compute power at the edge device. This provides optimal bandwidth across the entire network by using application-based traffic prioritisation. The Group is targeting the package at telecoms service providers and distributors to the SOHO market. By adopting Edgility Fast SD-WAN & Firewall, they will be able to offer their enterprise customers a secure access service edge ("SASE") solution that is low cost and quick to provision thereby reducing the time to return on investment. With the increasing digitalisation of business - resulting in a proliferation of devices and applications - combined with work-from-anywhere initiatives, Gartner predicts that by 2025, at least 60% of enterprises will have explicit strategies and timelines for SASE adoption encompassing user, branch and edge access, up from 10% in 2020. Edgility Fast SD-WAN & Firewall comprises a small, rugged device developed by Telco Systems, which is pre-packaged with Edgility OS integrated with Clavister's SD-WAN and class A firewall. The devices are deployed at the central office and at the branch office or employee homes, with a simple installation process. This provides the remote locations with the same level of security and connectivity as the central office at the core. Dr Zvi Marom, CEO of BATM, said: "'Edgility' reflects our focus on driving innovation at the network edge, which is underpinned by our network function virtualisation technology. With the increasing digitalisation of business and emergence of widespread hybrid working, there is growing demand for Edge compute solutions and a significant opportunity to establish an early-mover foothold in this nascent market. Our Fast SD-WAN & Firewall package has been launched to target this opportunity with what we believe is a unique ability to provide secure connectivity at a comparatively low cost and with a simple set up. We believe there is great potential for this offering, which also expands our NFV activities." hTTp://
rob1ng: Just bought some darktrace ,bvc seems in the same space .still find bvc disappointing even tho I'm in at low levels
wizzkid211: BATM Advanced Communications Ld BATM receives $4.1m cyber security contract June 15 2021 - 02:00AM UK Regulatory (RNS & others) TIDMBVC RNS Number : 8622B BATM Advanced Communications Ld 15 June 2021 LEI: 213800FLQUB9J289RU66 15 June 2021 BATM Advanced Communications Limited ("BATM" or "the Group") BATM receives $4.1m cyber security contract BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that it has received a cyber security contract worth $4.1m, of which more than half will be delivered in the current year. The contract has been awarded by the Group's long-standing government defence department customer. The Group will provide hardware and software as part of its network cyber security solution with delivery commencing immediately. Dr Zvi Marom, CEO of BATM, said: "We are delighted to have received this new order for our cyber solution from our long-standing government customer. The recurring contracts show the customer's satisfaction with our cyber security products and services and demonstrate the benefits that our solutions bring. We are also integrating our cyber solution into our NFV product and developing a version aimed beyond the defence industry, which we expect to release by the beginning of next year. This will enhance the appeal of our cyber solution to our NFV clients. "While the world's focus has, rightly, been on the pandemic, the threats posed by cyber-attacks have increased. Now, as travelling starts to resume, we can do face-to-face meetings with clients that are vital when dealing with security information. As a result, we expect to receive further orders for our cyber solution during the course of this year." Enquiries:
wizzkid211: BATM Advanced Communications Ltd. (LON:BVC) shareholders might be concerned after seeing the share price drop 20% in the last quarter. But that doesn't change the fact that the returns over the last half decade have been spectacular. Indeed, the share price is up a whopping 421% in that time. Arguably, the recent fall is to be expected after such a strong rise. Of course what matters most is whether the business can improve itself sustainably, thus justifying a higher price.
wizzkid211: BATM Advanced Communications Ltd.'s (LON:BVC) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock? BySimply Wall StPublishedMay 28, 2021 LSE:BVC With its stock down 16% over the past three months, it is easy to disregard BATM Advanced Communications (LON:BVC). However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. In this article, we decided to focus on BATM Advanced Communications' ROE. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Check out our latest analysis for BATM Advanced Communications How Do You Calculate Return On Equity? The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for BATM Advanced Communications is: 9.7% = US$11m ÷ US$119m (Based on the trailing twelve months to December 2020). The 'return' refers to a company's earnings over the last year. That means that for every £1 worth of shareholders' equity, the company generated £0.10 in profit. What Is The Relationship Between ROE And Earnings Growth? Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. A Side By Side comparison of BATM Advanced Communications' Earnings Growth And 9.7% ROE At first glance, BATM Advanced Communications seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 4.4%. This probably laid the ground for BATM Advanced Communications' significant 83% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. We then compared BATM Advanced Communications' net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 45% in the same period. past-earnings-growth LSE:BVC Past Earnings Growth May 28th 2021 The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about BATM Advanced Communications''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Is BATM Advanced Communications Efficiently Re-investing Its Profits? Given that BATM Advanced Communications doesn't pay any dividend to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. Conclusion In total, we are pretty happy with BATM Advanced Communications' performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down.
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