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Share Name Share Symbol Market Type Share ISIN Share Description
D4t4 Solutions Plc LSE:D4T4 London Ordinary Share GB0001351955 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.26% 385.00 380.00 390.00 385.00 384.00 384.00 17,925 12:38:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 21.7 5.0 11.1 34.6 155

D4t4 Solutions Share Discussion Threads

Showing 1926 to 1949 of 2125 messages
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
DateSubjectAuthorDiscuss
03/12/2020
07:14
maurice - I agree; we discussed this a few weeks ago; D4T4 could give more info to help assess growth in this transition phase. 6gr - D4T4 have explained 'extensions' so I don't think your uncertainty is warranted. From the recent trading update 21 October talking about H2 prospects "Significant pipeline of new business in negotiation with existing clients wishing either to increase the footprint of the Celebrus CDP software or to extend the use of the Celebrus hybrid Customer Data Management (CDM) platform solution"
valhamos
02/12/2020
22:46
6gr - bang on. And it really shouldn't need saying.
trident5
02/12/2020
21:43
So, IIRC, they said some customers don't want / know how to engage with an annually recurring contract model. The problem is they'll often say "we've got a £5m contract" but don't give any details how that annualises. They really need to state clearly what the annual revenue rate is, how much of that is ARR and how much is "one off wins" with X amount of forward visibility. At the moment we've got pretty much no way of working out what the underlying growth is. Happy to be schooled if I have this wrong.
mauricemonkey
02/12/2020
16:21
There is still little clarity in how they describe revenues in the LSE releases and it may only become clearer when the Annual Report is produced, but to my mind there are three types of revenue to report: 1. Genuinely new customers 2. New services being sold to existing customers, which increase revenue from that customer 3. Contract renewal from an existing customer for an existing service. The problem is that they mix these up and the use of the word 'extension' could be equally interpreted as being with option 2 or 3. For a true SAAS company, option C is never reported as a news event, since it is automatic and is simply part of the existing ARR. The challenge for D4T4 is to accurately report what progress they are making in both the conversion to SAAS and actual growth in a way that can better understood by the market.
6gr
02/12/2020
12:48
The headline said they were "new wins" - I had assumed that the switch to the SaaS model meant that all existing contracts were being switched to the new model. I'm not knocking it, but there isn't much evidence that they are generating business with new customers
trident5
02/12/2020
11:24
trident - they are described as an 'expansion' or 'extension' to an existing contract. In other words there is an new additional contractual element for the existing customer involving greater use of the software in the organisation. There is nothing untoward in the way it is announced and has been commonplace with D4T4 over the years.
valhamos
02/12/2020
10:54
I take his statement as very positive, he also states it meets board expectations not market expectations.
chezt
02/12/2020
10:53
I think the issue is more that they seem to be rolling existing contracts into the SaaS model and referencing them as new contact wins whilst not winning new contracts.
trident5
02/12/2020
09:21
I haven't followed D4t4 over the medium term to sense whether PK is prone to BS, or if the changing nature of the business and its individual customer relationships is genuinely difficult to describe..Hence my question! tightfist
tightfist
02/12/2020
08:47
I am not usually sceptical but it is notable (particularly this morning) how many different adjectives they use to describe the same contracts acquisition. Trying to sense realgrowth (both share-of-wallet with existing [sticky?] customers and new customers) seems challenging. Is there a genuine issue as they progressively transition to SaaS? Or are they being opaque?. Thoughts? tightfist
tightfist
02/12/2020
07:51
I note Peter Kear is stressing a VERY strong finish to the year now, bodes well!
chezt
02/12/2020
07:31
Good news (unless you're wary of the bounce) - but describing them as new contracts wins seems a little misleading. Also - judging by the share price over the last couple of days - leaky?
trident5
02/12/2020
07:29
Another 3.5m in the bag and a strong finish expected. With the recurring revenue where does that put us against last year?
deanowls
27/11/2020
12:23
1/2p - isn't it you who should be wary of the bounce?
trident5
27/11/2020
11:53
Be aware of a Dead cat Bounce. Brokers always over value and under deliver as i see support £1.80 being tested after a DCB...Risky
halfpenny
26/11/2020
07:14
Great analysis. Seems fairly valued providing strong future growth continues. I suspect the market won't like year end results when they come in comparison to prior year though.
amt
25/11/2020
22:30
Yeah, they need to pick one measure of revenue - either annual. They should amortise the contract win value over the life of the contract so we can measure what is going on. We could probably do we some stats about customer acquisition costs and expected lifetime value too but that might too much to ask for given where we are.
mauricemonkey
25/11/2020
16:45
House broker forecasts are for 21.7m revenue/6.6p EPS. Considering their history of being ultra conservative with guidance, and their current bullishness, I feel safe to say these should be used as a bare minimum.
gdjs100
25/11/2020
16:31
That’s the rub isn’t it. They could be a bit clearer on the figures.
deanowls
25/11/2020
16:09
So what are people's guesses for H2 revenue? Half of the £10m ARR (logically!) plus the £5.5m post period end contracts mentioned in the results, plus in H1 about half the revenue was non-recurring to assume the same in H2, so that's another £2.5m and gets you to £13m. Add a few more wins between now and 31 March.....so perhaps £15m in H2 and £20m for the year? Therefore £20m revenue for the year @ 50% gross margin gives around £10m gross profit. Opex of perhaps £8m based on £3.8m in H1 gives £2m EBIT. Assume zero tax so EPS of around 4p. But given where we are and the transition which they're on, I'd say that this year is less important and far more important is the growth which they can deliver to the top-line for next year. This is particularly important given that the business model transition is now a long way delivered so true growth needs to come through. For that FY22 growth estimation, I'd love to know how much of those new contracts post period end and which are going to deliver £5.5m before March are recurring in nature. It would take their £10m ARR up materially and would be a game changer. Any views on FY22 revenue?
adamb1978
25/11/2020
14:28
It does. It's just being masked by the transition to SaaS where multi-year lumpy licences are being replaced by annually recurring ones.
gdjs100
25/11/2020
13:58
amt, The current PER is more than 20. 6.6p / 12 x 6 = 3.3p 8.0p / 12 x 6 = 4.0p 7.3p / 220p = 12 month rolling forward PER = x 30.1 In 6 months time the prospective PER will come down to 24 based on EPS of 8p in FY22. D4T4 needs more top line revenue growth to justify the current rating IMHO.
eagle eye
25/11/2020
12:07
Eb: Just to be clear in the 1H no cash was generated, quite the reverse, the operating margin was negative as was the ROCE.
trident5
25/11/2020
11:50
Investor's Champion comments that while it has taken a long time coming, D4T4 appears to have an extremely exciting future in a rapidly growing sector. Although investor focus should remain on the top line growth and recurring revenue, there is already a lot to like about a business generating plenty of cash and an operating margin and return on equity of 20%+. Updated commentary on their website.
energeticbacker
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
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