concerning elevate.io and collaboration. This is a very good example of a potential user. Sailing La Vagabonde, a couple on YouTube, now with children and crew. They have grown from monohull to catamaran to trimaran funded by their content. They have for a while used outsourced editors. Worth a quick watch, this bit specific about work flow.
But how the heck do you let them know about elevate.io It's easy when these vloggers first start, such as I did with these some 8 years ago, but once successful, it's near impossible. I suppose it's persuading their shore based editors to look at elevate.io |
SS.
Just added up all the Buys by PI’s since 24th July.
They bought 12m of those, so the rest to MM’s I presume. |
MM’s probably picked up a load. |
Well somebody bought them. Have we actually had that many shares shown to have been traded though? |
cabi1
With approximately 387.08m shares in issue.those sells are hardly significant.
They are a nuisance as they are used as an excuse to hold the share price back, when we see no selling things will be very different. |
Holdings on Bloomberg updated on 24th October, previously updated on 24th July
Significant Sells below.
Herald Investment Management Ltd sold 4.5m
Jarvis Investment Management Ltd sold 8m
5m from Jarvis Investment Management Share Plan, and 2.9m from Jarvis Investment Management Client Accounts, so not sure what these accounts are classed as.
Also Cazenove Investment Management Ltd, which also comes under Schroder U.K. Dynamic Smaller Companies Fund sold 2.8m, but i thought they had already sold everything.
Premier Miton not sold anything. |
Enterprise is dead. It is meaningless.
Even the PBB deal, which I queried, let alone serial spanners talking about AVID deals, is pointless.
Move on. |
I lack technical expertise but I gained the impression that M&E Enterprise was quite a complex product to use so it was only really suitable for large users - Blox evolved out of TownNews which grew quite rapidly and then lost a big chunk of its business - like US State Dept and Bloomberg. For large users to change over they need to be convinced firstly that they can really benefit and secondly not be locked into long term contracts with their existing software suppliers.
elevate.io benefits from what Enterprise can do but is creating an interface that makes those benefits seamlessly available to Creators who will only have to commit for a month at a time. Doubtless bigger users will be offered longer term packages with more additional attractive software. Its big advantage for shareholders is that the operating margins look like being around 95% which was confirmed by SBS/SR. So provided they can move quickly towards the 1M paying users target profits will roll in. I was taught that if you identify the potential customer's critical needs correctly and demonstrate how your product meets them consistently and reliably the win ratio can be very high... indeed price may become an irrelevant issue if the needs are critical to the customers business. From what has been said elevate.io is unlikely to have to worry about price so their challenge is accurately identifying the critical needs of the larger customers. |
Excellent if BIRD goes to plan! |
ISAs left untouched |
BTW did anything happen with ISA's in the budget I can't find anything? |
Couldn't have built elevate to the technical standard it is without M&E Enterprise it has been hugely valuable and something our so called competitors don't have.
Ians analogy of F1 racing level is good. |
It's not disappointing as Enterprise has brought us to this perfect storm.Elevate is the only Video Edit Suite where you can clip, edit, and collaborate in a seamless, none frustrated way. No one else can replicateWe are focused on the Prosumer Market.Statista: Estimates the global video editing software market was valued at $2.22 billion in 2023 and is projected to reach $3.54 billion by 2032, growing at a CAGR of 5.2%.SNS Insider: Projects the market to reach $5.13 billion by 2032, with a CAGR of 5.8% from 2023.Remember, this is just the prosumer market we will pull in other media creators as well.There is plenty of moolah to aim at. We are entering a growth market where there is only one piece of IP through a Web based browser that effectively works time and time again. |
Absolutely, the rest of it is getting us nowhere, unless we can hike the fees by a factor of ten. As cyberbub says, the fact that we are involved with so many big hitters and at so many high profile events yet still have a corner-shop turnover is not only disappointing but baffling.
But the winds of change are gathering pace.... (I hope) :-) |
So you agree with Ian and the need to pivot into the creator economy then. |