Eagle Eye Solutions Share Discussion Threads

[runthejoules] 19/9/2017 07:42

Looks like SCSW's rep is partly rehabilitated. Were these expectations priced in though? My Mum holds (and is down 16% atm...)

Financial and corporate highlights:

· Group revenue increased by 71% to £11.1m (FY16: £6.5m)

· Revenue from subscription fees and transactions over the network represented 68% of total revenue (FY16: 80%)

· Gross margin up 9ppts to 88% (FY16 79%)

· Cash position of £3.7m (FY16: £1.3m) at 30 June 2017

· Successful placing in June 2017 raising net proceeds of £5.8m

· 3 year contract signed with John Lewis PLC in May 2017 for the deployment of the AIR platform

· 2 year contract renewal was signed with Toshiba Global Commerce Solutions for Asda Stores Limited*

· Q1 FY18 revenue expected to be at least £3m, 32% growth on prior year, with growth anticipated to accelerate in future periods as our significant clients begin to transact through the platform at scale and from the impact of new strategic partnerships that drive increased transactions *



Operational highlights:

· Redemption volumes increased by 58% to 60.4m (FY16: 38.4m)

· SMS volumes of 44.4m, an increase of 10% (FY16: 40.3m)

· Total number of customers 233; 74 brands (FY16: 219;70)

· Deepening tier 1 client relationships representing 53% of revenue, £5.9m (FY16: 33%, £2.1m)

· Revenue from the Food and Beverage ("F&B") sector increased by 20% to £1.8m (FY16: £1.5m).

· Investment in product development in loyalty, brands and connections to social platforms



*Post Period



Tim Mason, Chief Executive of Eagle Eye, said:

"2017 has been a transformational year for Eagle Eye. We've successfully delivered on our strategy of winning new customers, increasing transactions through our platform and deepening existing customer relationships. As a result we exceeded our expectations during the Year, strengthened our platform and are poised for accelerated progress in 2018.

"Retailers and brands are looking for more innovative and cost effective ways to engage with consumers, and we have the proven and scalable technology to power their digital marketing capabilities and support their commercial requirements.

"Renewing and winning new contracts with major retailers such as John Lewis and Asda demonstrates the relevance of our offering to tier 1 retailers, and we are excited about continuing on our journey to be a leading global digital marketing platform."

[nurdin] 19/9/2017 07:29

Gaining impressive business traction..should see stunning growth going forward imo

[nurdin] 18/9/2017 12:51

oops...we know the results!

[napoleon 14th] 16/8/2017 16:37

Results on Sept 19th I believe....
Should be good.

[rampmeister] 31/7/2017 09:43

Directors piling in at 270p - good to see serious buying from bod.

RM

[malcolmmm] 26/7/2017 01:00

If TW says avoid, time to buy, I myself don't believe a word he utters from many years of past experience

[allstar4eva] 23/7/2017 19:58

Big buy. Approx £150k!

[zho] 22/7/2017 13:51

63,042 shares bought by CEO's wife

[nw99] 19/7/2017 23:16

TW avoid this share

[qs99] 13/7/2017 09:07

validates what EYE are doing, but I agree, new contracts will provide a more significant boost IMO

[ayl30] 06/7/2017 07:45

Good to see but why would it have any effect? Not extra business, this is what we need to keep the share price up

[qs99] 06/7/2017 07:07

nice RNS....should provide a nice boost today IMO

[qs99] 30/6/2017 16:00

nice chart bowl!

[allstar4eva] 30/6/2017 10:12

Trading update shortly? Heavy director buying recently so maybe putting it off?

[qs99] 30/6/2017 09:58

haha, indeed. Was hoping for another blue day after yesterday's spike.....hey ho....GLA

[allstar4eva] 30/6/2017 07:54

Good sign!

[qs99] 29/6/2017 23:30

Very quiet board considering major rise late today!

[ayl30] 20/6/2017 18:35

Ex Mkt dir of |Tesco. Make of Leahy and son in law of Tesco md McLaurin. Was responsible for failed attempt of Tesco to break into America, cost them hugely but he got paid a lot of dosh. Left Tesco when new mgt took over, no doubt with a huge payout.

[qs99] 20/6/2017 16:04

who is Tim Mason?

[qs99] 20/6/2017 11:04

nice to see some blue again...looking forward to next RNS, should push it through that £3 barrier IMO

[qs99] 16/6/2017 09:49

really going for it now....how much did you buy Nurds?!

[qs99] 16/6/2017 09:45

good entry point well done

[nurdin] 15/6/2017 15:46

Have added today.