Blue Prism Share Discussion Threads

[doesb003] 21/11/2019 09:53

And I replace "most" with "all"

[sogoesit] 21/11/2019 09:42

Indeed, hazl. I just replace your "a few" with "most" in my case.
Are all the "usual suspects" still here ;-)?

[hazl] 21/11/2019 09:37

Keeping a few of these blockbusters has been a good ploy.

[deanmatlazin] 21/11/2019 09:36

the shares has been shorted to the hilt!!! keep buying them....it will shoot back to £18 when shorters scrambling to close their positions

[hazl] 21/11/2019 09:23

The signs were all there that this was going to be good again.
Well done to PRSM.


You deserve it!

[doesb003] 21/11/2019 09:08

Lovely jump. I'm enthousiastic, but I do keep in mind that ytd we've still got < 5% gains. So we've got some ground to gain before I'm satisfied with this year.

[hazl] 21/11/2019 09:02

Goodness....

[sao1] 21/11/2019 08:28

Wow - rocket

[ch1ck] 21/11/2019 08:26

Great news I'm new here but saw the rise yesterday and researched the company and bought inIt will take a while till the doom mongers realise they have jumped in the wrong train by which time profit for them is travelling in the other direction.The clever thing todo is jump off at the next stop

[bprocket] 21/11/2019 08:07

@fuji ... so was I! Completely agree with you.

[blah blah] 21/11/2019 08:06

currently indicating 1,060 as the start price

[fuji99] 21/11/2019 08:04

bprocket - I was aiming at dannyboylife - The most negative person on BP - Not at you.

[eentweedrie] 21/11/2019 07:53

excellent update

[bprocket] 21/11/2019 07:44

@fuji because Gartner says RPA is useless by 2021. I didn’t say it... Gartner said it... don’t look at me. Gartner is right (I hope they are right cause I don’t know sh!t)...

Who cares what they say, keeps us entertained :D

[hatfullofsky] 21/11/2019 07:42

The total customer base at 31 October 2019 was 1,677, an increase of 69%I very much like this statement but assume it includes the squired base too. Would have been nice to see the organic number

[fuji99] 21/11/2019 07:35

I am now expecting the doom and gloom people to explain why the trading update is excellent ? While BP sales accelerate, please tell us another story.

[christh] 21/11/2019 07:07

Trading update
------The Group has seen a significant acceleration in sales in the second half of the year, contributing to a very strong full year performance. Sales volumes have continued to be high, particularly in upsells, and increased deal sizes have driven material additions in the total business generated in the year. As a result, the Group enters 2020 with a record order book.

Sales progress

The Group added 685 net new customers during 2019 while maintaining a customer retention rate of 96% (2018: 97%).

The total customer base at 31 October 2019 was 1,677, an increase of 69% on 2018 (2018: 992), providing a substantially increased base for the Group to upsell into in future periods.

In 2019 the Group demonstrated its future upsell potential with significant success with the existing customer base resulting in 1,139 upsells into 544 customers. These upsells demonstrate the software's scalability and the strategic nature of customer deployments.

The Group is also very pleased to note that the first significant cohort of one-year-one-Digital-Worker deals in the fourth quarter of 2018 is demonstrating good early progress with 38% of the customers upselling during 2019.-----------


Financial progress

Sales momentum has resulted in a very strong financial performance with total business (which measures the total contract value from new customers, upsells and renewals) over the period of GBP181m (2018: GBP143m). There was a significant increase in total business won in the second half of the year, with GBP115m generated by strong performances in all the key geographic regions, driven by an increase in deal sizes, particularly within upsells.

The Group expects 2019 revenues to be at least GBP98m (2018: GBP55.2m). The Group closed the year with a cash position of GBP74m (2018: GBP50.5m).

The Board estimates that the exit monthly recurring revenue (MRR) at 31 October 2019 will be at least GBP10.4m (GBP9.7m excluding the impact of the Thoughtonomy acquisition) (2018: GBP6.2m). This additional MRR represents an underlying increase of at least GBP2.1m on the first half of the year and this, along with the ongoing momentum in the business reinforces the Board's confidence in its revenue expectations for FY20.

[hazl] 20/11/2019 16:30

'ore freedom. More security. More scalability. Today we’re announcing how Blue Prism supports any IT environment with our enterprise-grade #ConnectedRPA platform. See how we’re breaking down barriers & making #IntelligentAutomation accessible '

[hazl] 20/11/2019 15:50

It's looking a lot more positive that's why he's moody!

[slavetothetrade] 20/11/2019 15:44

As always. Danny boy monitoring the forum by the second to bash down any positive news. What a loser. Have a week
Off pal. Do something productive. Chill. Relax. Alternatively just sit on your computer all day watching the BP forum

[dannyboylife] 20/11/2019 14:17

FFS. And here we go again, PRISM adding in what everyone else already has and claiming it's unique. And you all fall for it. It's not even hard to do this technically given how cloud tech works (but you don't understand that) - and its why everyone else already has it. Do you think AA or UIpath stuff doesn't run where the customers want it to?

AA - hxxps://www.automationanywhere.com/company/press-room/automation-anywhere-launches-cloud-strategy-with-leading-global-cloud-companies

hxxps://www.uipath.com/blog/uipath-enterprise-cloud-platform-public-preview

[hazl] 20/11/2019 13:28

WOW
I knew they would re-invent themselves!

'Award-Winning Robotic Process Automation (RPA) Software Ready to Support All Delivery Formats —Another World First for Blue Prism

LONDON and AUSTIN, Texas, Nov. 20, 2019 /PRNewswire/ -- Blue Prism (AIM: PRSM) is pleased to announce it now offers all delivery formats of its enterprise-grade Robotic Process Automation (RPA) platform. This unprecedented choice gives customers the freedom to select formats most suited to their needs and mix these deployment models according to their own requirements and migration paths.
Blue Prism enables RPA capabilities across all IT environments including SaaS, cloud, hybrid and on-premises .'

[slavetothetrade] 20/11/2019 11:46

Well said christh, Danny boy claims to have no interest in this company or market. Yet can’t leave the board alone. Obvious shorter. Or just extremely said that this is his only form of social interaction in life. This company is going places.