Eagle Eye Solutions Share Discussion Threads

[lomax99] 18/3/2022 13:37

Added a few.

[tomps2] 18/3/2022 11:10

Eagle Eye Solutions (EYE) interim results presentation March 2022

Eagle Eye’s CEO, Tim Mason and CFO, Lucy Sharman-Munday present the interim results for the period ended 31 December 2021.

Watch the video here:

Or listen to the podcast here:

[albert arthur] 16/3/2022 08:21

Cracking results. Great looking technically for targets too.

[km18] 17/2/2022 17:36

...from last year...

Company overview:
Eagle eye Solutions is a SaaS technology company, providing clients with the opportunity to digitally connect with their customers through promotions, loyalty, apps, subscriptions, and gift services. How they like to put it is bringing the offline online. The stock is listed since 2014, but it really started shining when ex-Tesco Tim Mason joined in 2016. If you do not know how is he – he is the man behind the ClubCard. Why are we writing about it since it is not continuously profitable? It turned cashflow positive. The main reason for that is their Eagle Eye AIR API-based platform providing the most flexible, scalable and future-proofed promotions. In simple terms, it provides the connection between the retailer and the customer.
Organic growth is the name of the game for this one, as there is only 1 acquisition sitting in the cashflow statement for 2014. Although the company is not profitable, revenue is growing at a lucrative 30% and we suspect this will turn the bottom line for next year in positive figures. Net gearing is negative and there is certainly momentum in the stock.
The latest trading update is encrypted in the AGM statement and shows the company is on the right track. Q1 revenue is seeing a 35% growth yoy and the acceleration in growth rate from 27% in the previous quarter are there to prove this. The guidance for the FY22 is raised, although without any particular figures mentioned. If they manage to get into a positive net earnings or breakeven for the interim we would confirm our expectations for the year. We admit, the stock is expensive, but same thing could be said for a lot of its peers in the technology sector. Those types of companies are bought by people who like the growth, the solid portfolio of clients and the overall idea of the company....from WealthOracleAM

[lomax99] 27/1/2022 13:30

Starting to gain traction in the US, conversion from legacy paper based promotions to digital, real time, offers have an awfully long way to go.....

[wildchild] 27/1/2022 10:06

Cracking half year results today, and another contract win. Well done Eagle eye.

[rambutan2] 18/11/2021 21:27

Deserves a full viewing imho:

AGM Statement

Expanding customer relationships deliver revenue and EBITDA growth

Eagle Eye, a leading SaaS technology company that creates digital connections enabling personalised, real-time marketing through coupons, loyalty, apps, subscriptions and gift services, is pleased to provide the following trading update, ahead of the Company's Annual General Meeting ("AGM") to be held at 1.00 p.m. today.

The Group has had a positive start to the financial year, delivering revenue growth of 35% in Q1 versus the prior year, an increase from the Q4 FY21 growth of 27%. As a result, the Board now expects adjusted EBITDA for the full year ending 30 June 2022 to be comfortably ahead of management expectations. This strong start to the financial year will allow the business to increase its investment in people to support future growth and capitalise on the global shift towards personalised digital marketing by retailers.

This strong performance has principally been driven by the significant customers won in prior periods moving into the transactional phase, including Woolworths, Staples US Retail and Virgin Red. The Group's broadening client base has delivered revenue growth across all of its major geographical regions of North America, UK & Europe and Australia & New Zealand.

In Q1, the Group has continued to deliver new customer wins and deepened its existing relationships, with highlights including the expansion of the Pret a Manger coffee subscription service into France and in the USA, the selection of Eagle Eye by Halfords Group plc as a partner to deliver a customer engagement solution with a targeted launch in early 2022, and a trial with existing customer, Asda, for a new loyalty programme, Asda Rewards.

Following the full lifting of lockdown in the UK in July 2021, the Group has seen a normalisation within its Food & Beverage and Non-Grocery revenue. The Group is now actively developing new brand customer discussions to capitalise on its significantly expanded hospitality network in which brands can offer promotions.

Balance sheet

We are delighted to announce a new three year GBP5m funding facility with Silicon Valley Bank, with up to an additional GBP2.5m available, subject to credit approval at the time, should there be an appropriate investment opportunity. This provides the business with security and flexibility over its financing options to deliver on its growth aspirations. Cash management continues to be strong with headroom ahead of management expectations.

Confident outlook

The Group is focused on delivering sustainable and profitable growth. This continues to be achieved through new customer wins and deepening the relationships with existing customers. The Group's sales pipeline continues to grow, both in the UK and internationally and, the Group has a proven ability to grow its existing customer relationships considerably over time through expanded use of the AIR platform.

To support these dual growth channels, the Group will continue to extend the capabilities of AIR to ensure it has the digital marketing solutions its customers require. The Group will carefully invest in increased sales and marketing activities, alongside its partner strategy, to capitalise on the strong starts made in the North American and Australian markets.

Having delivered a successful Q1 and with a record sales pipeline, the Board looks to the future with growing confidence.

[hew] 18/11/2021 08:12

Yes, "comfortably ahead" is always a good phrase in an update, but for me the clincher is "new customer wins and deepening the relationships with existing customers."

[lomax99] 17/11/2021 11:44

We should get a trading update with the AGM tomorrow.


Eagle Eye powers Asda's Loyalty Programme Trial

[lomax99] 22/9/2021 08:26

Solid update from EYE.

[vprt] 10/9/2021 10:12

EYE's Stockopedia page (which is not always correct) is suggesting results on Tuesday 14 Sept, but I can't see any date on the company's own website. Does anyone know?

Outlook and current trading will be crucial here, given the rich valuation.

It is easy to see that this is a good business that will increase its profits significantly in the future - but perhaps not so easy to estimate just how much will drop to the bottom line if the company/revenue e.g. doubles in size from here. Having a better grasp of these economics would make it more comfortable to keep holding when the share price keeps going up... (Yes, I am watching EV/revs which appears reasonable if you compare with US-traded saas players and "OK" vs. some UK software players, but prefer profit-based valuations if possible).

Any other observations would be welcome - this board is at least not buzzing with overhyped PIs, which is reassuring in a way - but a bit of activity would be nice.

[coppertrader] 09/8/2021 11:11

"Eagle Eye Solutions Recognised in Now Tech: Promotions and Offer Management Providers, Q3 2021 Report by Independent Research Firm" https://www.prnewswire.co.uk/news-releases/eagle-eye-solutions-recognised-in-now-tech-promotions-and-offer-management-providers-q3-2021-report-by-independent-research-firm-874474123.html

[slogsweep] 19/7/2021 08:09

TU in looks good on face of it bought a few more

[lomax99] 14/7/2021 08:44

There was a trading update on 16th July last year, hopefully we will get one this week.

[lomax99] 09/6/2021 13:50

Enticing further use:



'The Eagle Eye-Neptune omnichannel ecosystem for SEG is expected to yield more than 200 million digital offers, coupons and recommendations to customers monthly when fully integrated.'

[lomax99] 25/5/2021 11:00

I suspect we may get a trading update some time this week, we did last year.

[lomax99] 29/4/2021 22:32

Digital overtakes paper as consumers' preferred coupon type, survey findsHttps://www.grocerydive.com/news/digital-overtakes-paper-as-consumers-preferred-coupon-type-survey-finds/598879/

[lomax99] 23/4/2021 12:33

Swapi connects with Eagle Eye Solutions to grow loyalty marketplaceHttps://retailtechinnovationhub.com/home/2021/4/8/swapi-connects-with-eagle-eye-solutions-to-grow-loyalty-marketplace

[coppertrader] 09/4/2021 15:43

HolderShares% Held from the Finacial TimesHSBC Private Bank (UK) Ltd.AS OF 01 MAR 20212.42m9.39%Stonehage Fleming Investment Management Ltd.AS OF 14 SEP 20202.06m8.01%Canaccord Genuity Wealth Ltd.AS OF 14 SEP 20201.68m6.52% (now at 10%)Herald Investment Management Ltd.AS OF 13 SEP 2019877.32k3.41%Chelverton Asset Management Ltd.AS OF 01 MAR 2021664.45k2.58%Hargreaves Lansdown Stockbrokers Ltd.AS OF 01 MAR 2021486.00k1.89%Punter Southall Wealth Ltd.AS OF 01 MAR 2021325.00k1.26%Liontrust Investment Partners LLPAS OF 29 JAN 2021251.15k0.98%Schroder Investment Management Ltd.AS OF 01 MAR 2021238.15k0.92%Aviva Investors Global Services Ltd.AS OF 01 MAR 2021225.85k0.88%

[coppertrader] 09/4/2021 15:39

https://retailtechinnovationhub.com/home/2021/4/8/swapi-connects-with-eagle-eye-solutions-to-grow-loyalty-marketplace

[coppertrader] 09/4/2021 15:31

ShareholderNumber of sharesTotal share%William Currie*3,413,322 -13.24%Sir Terry Leahy*2,420,970 - 9.39%Stonehage Fleming Inv Ltd 2,063,001 - 8.00%Andrew Sutcliffe*2,032,158 - 7.88%Christopher Gorell Barnes1,531,866 - 5.94%Steve Rothwell1,511,672 - 5.86%Julian Reiter1,318,000 - 5.11%Timothy Miller872,975 - 3.39%Edward Pippin855,000 - 3.32%Canaccord Genuity26,096,563 - 10.01%.= 72.38%

[coppertrader] 09/4/2021 15:18

Cannacord have increased from 6.5 to over 10% holding in EYE. I suspect the share price has been held around this level whilst the order was filled. Hopefully next week will continue the upwards momentum. The BOD seemed positive during the recent presentation that deals will start showing up on the bottom line over the next 6-12 months.

[lomax99] 02/4/2021 17:34

Southeastern Grocers cranks up digital coupons and offers:Https://www.supermarketnews.com/marketing/southeastern-grocers-cranks-digital-coupons-and-offers

[tomps2] 23/3/2021 15:33

Eagle Eye (EYE) 2021 Interim Results Presentation, given by Tim Mason, CEO and Lucy Sharman-Munday, CFO on the 16th March 2021.

Watch the video here:

or listen to the audio only version here:

[grabster] 18/3/2021 10:59

" ... The Company's current customer base comprises leading names in UK Grocery, Retail, Leisure and Food & Beverage sectors, including Asda, Sainsbury's, Tesco, Waitrose and John Lewis & Partners, Virgin Red, JD Sports, Pret a Manger, Greggs, Mitchells & Butlers, Pizza Express; in North America, Loblaws, Shoppers Drug Mart, Esso and Southeastern Grocers and in Australia & New Zealand, Woolworths Group and The Warehouse Group..."

"... each new customer win significantly adds to our growth prospects, with revenue from our largest revenue-generating customers typically increasing by a multiple of over three times by the end of their third year ..."