Blue Prism Share Discussion Threads

[fcuky] 08/10/2018 07:59

quality posts from our quality members, as usual

Good morning everyone.

[slavetothetrade] 08/10/2018 03:12

Well I’m glad I didn’t spend my weekend on an internet forum

[fcuky] 07/10/2018 23:37

Ok, so lets say I agree on Uipath December 2018 monthly run rate being $14m.

Lets try work out Blue Prisms monthly run rate by December 2018.

Do you have any data to help provide an estimate on that number Windsor?

[fcuky] 07/10/2018 23:30

“Robotic Process Automation (RPA) market leader UiPath has recorded the fastest growth in the history of the software industry, after posting an annual recurring revenue (ARR) of USD 100 million, and expects to quadruple that by the end of 2018.”


“The company has recorded the fastest growth in the history of software industry, after posting an ARR of USD 100 million, up from USD 1 million. The company expects its annual recurring revenue to increase more than 4 times at the end of 2018, compared to the end of 2017.”

It actually says “more than 4 times” in the 5th paragraph.

So it is possible it is 4 times from mid July, and “more than 4 times” since December 2017.

But for sake of continuing this discussion lets go with “4 times compared to Dec 2017” for the time being (I reserve the right to revert on this later on).

[windsor430] 07/10/2018 22:51

Once you’ve admitted you’ve seen the Dec ‘17 to Dec 18 quote in your article (read past the first para you keep repeating to the explanation further down) I’ll continue the debate

[windsor430] 07/10/2018 22:37

You kidding me? I’ve posted my workings multiple times. $8.3m in July ‘18 as per $100m ARR article. This is 238% higher than Dec’17 as per other article. Therefore Dec ‘17 is $3.5m. Your article 4x Dec ‘17 run rate = 4x3.5 =$14m. We are both picking quotes from the same article - but when the author explains how UIP is quadrupling growth it does clearly say Dec ‘17 to Dec ‘18. There is no way UIP goes to $400m ARR by end of year, so don’t try to push that when 1) you know it’s an impossibility and 2) 4 paragraphs down they explain, as per my quote, the timeframe ARR quadruples is a full year.

[fcuky] 07/10/2018 22:28

Where do you get $14m run rate for Uipath by 2018 December??????

If it is not stated anywhere at least provide how you arrived at that figure.

[fcuky] 07/10/2018 22:25

Word by word....read the below (this is not even from me ok?):

“UiPath has recorded the fastest growth in the history of the software industry, after posting an annual recurring revenue (ARR) of USD 100 million, and expects to quadruple that by the end of 2018.”

[windsor430] 07/10/2018 21:47

At today’s price PRSM is worth $1.9bn. That’s $1.1bn less than UIP. UIP worth 36% more. PRSM only needs to be at a $9.5m pm run rate when UIP hits $14m pm for that discount to be a fair comparison with your price/sales ratio.

[windsor430] 07/10/2018 21:31

By Dec ‘18 UIPs run rate is $14m pm. PRSM run rate is $10-11m pm. UIPs worth 28%-21% more. UIP is worth $3bn. That means PRSM is worth around $2.3bn. Based on your price/sales ratio.

[windsor430] 07/10/2018 21:19

I’ll break it down word by word for you... in the hope you don’t keep arguing black is white and we can focus on the numbers...ready? The...company...expects... its... annual... recurring... revenue... to... increase... more... than... 4 times... at THE... END... OF 2018, compared... to... THE... END... OF... 2017. Got it? 4 times. Dec ‘17 vs Dec ‘18. One more time... UIPs run rate will quadruple at the end of 2018... compared to when? July when ARR was $100m... NO!!!!!! Dec’17. The end of 2017 is Dec’17. That’s what will be quadrupled.

[fcuky] 07/10/2018 21:19

All in all. We are not that far apart, i think we can all agree on:

(1) Blue Prism is behind Uipath
(2) Both companies growing at great speed

My additional point of view:

(1) Blue Prism currently still slightly over valued as of today, but only by 10-15%.

(2) One year later the current price will be of absolute bargain.

[fcuky] 07/10/2018 21:10

What you have pasted does not contradict what I have pasted.

It is saying the same thing, quad up from $100m by Dec 2018

[windsor430] 07/10/2018 21:09

Even a $14m run rate by Dec ‘18 is unbelievable growth. They will be on for a $200m ARR by start of Q2! Prsm won’t be far behind though. I think their run-rate could be $10-11m by Dec’18 though. You had to admit that seems much more realistic - but still considerable. With your numbers they need to go from $8.3m to $33.3m run-rate p.m in 8-9 months!!!

[fcuky] 07/10/2018 20:55

“UiPath has recorded the fastest growth in the history of the software industry, after posting an annual recurring revenue (ARR) of USD 100 million, and expects to quadruple that by the end of 2018.”


Which part of the above do we NOT understand....???

It is $400m by december 2018, as per Uipaths CEO

[windsor430] 07/10/2018 20:48

So I figured out the Dec ‘17 run rate for you based on Julys figure & a separate article that spoke of 238% growth from Dec’17 to July’18. That way we could quadruple the Dec’17 run rate to the Dec ‘18 run rate mentioned in your article.

[windsor430] 07/10/2018 20:45

Yes well done. You came up with $400m, a figure not mentioned anywhere. I’ve pointed you back to your own article find that talks about quadruples - and it’s not quadrupling $100m run rate (July)... bit the run rate from Dec ‘17 to Dec ‘18.

[fcuky] 07/10/2018 20:31

If it is $14m a month.....

Then it wouldnt be $400m a year, obviously.

[windsor430] 07/10/2018 20:19

So they had $3.5m run-rate in Dec '17, $8.3m in July '18. Quadruple $3.5m from Dec '17 to Dec'18 gets us to $14m per month run-rate.

[windsor430] 07/10/2018 20:17

So a $8.3m per month run-rate is July (i.e. the month they hit a $100m run-rate per annum) is 238% higher than Dec'17 monthly run-rate. That means in Dec'17 it was a $3.5m per month run-rate.

[windsor430] 07/10/2018 20:13

I have found this from another PR that should help us figure what their run rate was in Dec '17 though (presuming they are comparing apples with apples - they say they reach a run rate figure with a % increase in rev, which i'm presuming they don't mean realised revenues)… "UiPath claims that it reacted the $100 million mark after increasing revenues by 238 percent in just the first half of 2018." That was in July '18.