We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Elixirr International Plc | ELIX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 14.00 | 2.45% | 585.00 | 16:23:17 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 572.00 | 572.00 | 585.00 | 585.00 | 571.00 |
| Industry Sector |
|---|
| SUPPORT SERVICES |
| Top Posts |
|---|
Posted at 29/4/2024 17:17 by gopher I added to existing after watching presentation on Investors Meet which helped me to understand strategy much better. Well worth a look and if they continue to deliver will surely be re-rated. This is a lucrative field but City always wary of people business, they say that as they build scale and capability they reduce risk. |
Posted at 31/3/2024 00:39 by masurenguy Sector downturn could have some negative impact on sentiment amongst investors although in the January trading update Elixirr stated that their FY23 results are expected to be in line with market expectations with revenue achieving the guidance range of £85m - GBP90m, adjusted EBITDA of approximately £25.4m and year-end cash of approximately £17.9m.Why McKinsey is paying staff to leave McKinsey is offering to pay hundreds of its senior employees to leave the firm and look for work elsewhere, the latest attempt by the consulting giant to reduce staff amid a sector-wide downturn. If the employees have not found a new employer by the end of the nine months they have to leave the firm. Consulting firms enjoyed a boom during the pandemic, when companies sought their help on how to digitise their operations. However, companies that are facing tough economic circumstances have since cut back their spend on expensive corporate advice. The firm also said that it booked a record $16 billion in revenues last year. |
Posted at 29/12/2023 11:29 by mginvestor Funny world this investing is, no one wanted to buy ELIX when the PE was below 15 for quite some time. Now investors are paying more than the offer to get some. Someone just bought 2343 shares at 640p whilst the offer is still 625p. Strong level 2 despite several days of gains.Expecting 2024 to take out our previous highs comfortably. If a company can deliver strongly since IPO despite the general market being gloomy it's all a matter of time before they get noticed. |
Posted at 12/12/2023 18:15 by masurenguy The thread author Priapus has not posted here, or updated the header, in over 3 years so I thought that it was an appropriate time to establish a new thread after taking an initial position here last week.I've added a long term chart, an up-to-date list of major shareholders and have also placed two excellent pieces of analysis by Harry Davis and ariquelme into the header for reference by other shareholders and prospective investors. I view Elixirr has an outstanding long term investment The new thread can be accessed here: |
Posted at 12/12/2023 18:02 by masurenguy Elixirr was established in 2009 and has become an award-winning global consulting firm working with a wide range of clients across a diverse range of industries and geographies. With roots in strategy consulting, the firm’s capabilities today range from business model innovation to digital transformation. The company listed on AIM on 9 July 2020 @217p per share raising gross proceeds of £20m for the company via an oversubscribed placing of 9,216,590 new ordinary shares and £5m for the selling shareholders (partners) via a placing of 2,304,148 ordinary shares. Consequently, the company's market capitalization at the placing price on Admission was £98.1m.Elixirr has a capital-light business model with strong momentum and currently it is the fastest growing management consultancy in the UK and the third-fastest in Europe. It has increased its market share every year since 2011 and most recently posted organic revenue growth of 18% in 2022, with an adjusted EBITDA margin of circa 30%. Sales and EBITDA have both increased by circa 250% in the 3 years since listing on AIM and the current market cap is circa £225m (Dec 2023). Last interim results, published on 18/09/2023 were as follows: Current share ownership, as at 12 December 2023, is as follows: Institutional Investors Rathbones Investment Management Ltd: 4,342,901. 9.30 % Slater Investments Ltd: 3,438,203. 7.36 % Gresham House Asset Management Ltd: 2,275,980. 4.87 % Chelverton Asset Management Ltd: 922,000. 1.98 % JPMorgan Asset Management (UK) Ltd: 778,791. 1.67 % Sub Total: 25.18% Inside Investors Stephen Newton: 13,239,895. 28.36 % Graham Busby: 1,374,800. 2.94 % Andrew Curtis: 1,367,651. 2.93 % Brandon Bichler: 712,191. 1.53 % Eric Rich: 671,769. 1.44 % Sub Total: 37.20% Here are two excellent pieces of analysis on the company from existing private investors: Harry Davis: ariquelme: A link to the preceding thread: Company Website: Flag counter added on 3rd March 2024 |
Posted at 07/12/2023 13:00 by masurenguy Very interesting company. Current institutional and inside shareholders.Institutional Investors Rathbones Investment Management Ltd: 4,342,901. 9.30 % Slater Investments Ltd: 3,438,203. 7.36 % Gresham House Asset Management Ltd: 2,275,980. 4.87 % Chelverton Asset Management Ltd: 922,000. 1.98 % JPMorgan Asset Management (UK) Ltd: 778,791. 1.67 % Sub Total: 25.18% Inside Investors Stephen Newton: 13,239,895. 28.36 % Graham Busby: 1,374,800. 2.94 % Andrew Curtis: 1,367,651. 2.93 % Brandon Bichler: 712,191. 1.53 % Eric Rich: 671,769. 1.44 % Sub Total: 37.20% No position but onto my watchlist. |
Posted at 06/11/2023 11:41 by simon gordon On the iOLAP website they have twenty vacancies, business must be strong.Thought this a decent summary: Investors Chronicle - 7/9/23 A capital-light consultancy with excellent momentum Boutique consultancies do not often crop up on the public market. Pay attention when they do. by Jemma Slingo “The concept of a structured work-life balance almost seems to be expected in today’s society – especially in a typical 9-to-5 role, but I think it should be seen as a privilege.” So says Stephen Newton, founder and chief executive of Elixirr (ELIX), a management consultancy that joined Aim three years ago. It’s a fitting message from an entrepreneur set on driving growth and trimming the fat. Elixirr presents itself as a new breed of management consultancy. It used a recent ad campaign to lampoon the industry’s jargon, swagger and reliance on under-experienced Oxbridge graduates, and continually stresses its “challenger&rd Punching above its weight With a market cap of under £250mn, Elixirr is small – even compared with specialist listed consulting peers such as Alpha Financial Markets Consulting (AFM) and XPS Pensions (XPS). However, it benefits from a similarly capital-light business model and excellent momentum. Indeed, according to Investec, Elixirr is the fastest-growing management consultancy in the UK and the third-fastest in Europe. Having increased its market share every year since 2011 and posted organic revenue growth of 18 per cent in 2022, Elixirr has momentum. With an adjusted Ebitda (earnings before interest, tax, depreciation and amortisation) margin at around 30 per cent, it is also profitable. The company was founded in the aftermath of the financial crash, and originally focused on financial services work, which is Newton’s area of expertise. Around half of group turnover still comes from the sector, but Elixirr is rapidly diversifying, and its 200-strong client base now includes names as varied and big-ticket as Diageo, LVMH, Tesla and Burger King. The fact that big names are on board suggests this youthful small cap is an increasingly viable alternative to the ‘Big Four’ professional services firms and strategy houses such as McKinsey, Boston Consulting Group and Bain, which together account for almost half of the market. A lot of the people who work at Elixirr cut their teeth in this world, so they know what they’re up against. Newton was formerly a managing partner at Accenture, while chief financial officer Graham Busby worked in Accenture’s ‘global mega-deal’ department. The quality of the wider management team is also encouraging, with former BT chief executive Gavin Patterson acting as non-executive chair. The big question is whether Elixirr can keep luring talented people away from the corporate behemoths. The group has about 500 consultants but just 21 of them are client-facing partners. As partners generate the biggest invoices and bring in most of the work, swelling their ranks will be crucial for growth. In this sense, Elixirr has a lot in common with Keystone Law (KEYS), whose success relies on a team of 400 senior solicitors and which has seen recruitment slow down in recent months. However, while Keystone’s self-employed “principals&rd Management claims that partners can earn 80 per cent more at Elixirr than they could at a big rival firm because, while cash remuneration is lower, the money saved on pay packets is pumped back into the business, fuelling equity returns. “By investing £3.2mn in the business over five years and assuming 25 per cent compound annual growth rate (CAGR) share price growth, each partner can achieve an equity return of £7.2mn,” declares Elixirr, which loans new partners £500,000 to buy shares. It concludes that over a five-year period a partner can earn £9mn (including cash remuneration) compared with £5mn at a Big Four firm. Non-partners are also strongly equity incentivised via share options and an employee share purchase plan. On the one hand, this approach makes a lot of sense. One of the big conundrums posed by listed people businesses is how to align the interests of partners with those of external investors. Why would partners want to return profit to shareholders if they could distribute it all among themselves? Elixirr’s focus on equity means everyone is singing from the same hymn sheet. However, its logic falls apart if shares head south and partners watch their pay prospects wither. Share dilution is therefore something to watch for. Management stressed that the “value created from our equity incentive schemes far outweighs the potential dilutive effect” and analysts note that there has been no material dilution to the share count since April 2021. As the business keeps scaling up, however, it remains a risk. Growing pains Organic growth is not Elixirr’s only option, of course. It recently deployed some cash to acquire iOLAP, a US consultancy specialising in data and analytics. The deal makes strategic sense and is reminiscent of Alpha FMC’s Lionpoint purchase. Elixirr now has a sizable presence in the US, home to the world’s biggest consultancy market, and should benefit from plenty of cross-selling opportunities. It’s not easy to scale up a business at pace however, and Alpha FMC’s recent performance spotlights some of the problems that Elixirr could face. Fears about under-utilised consultants marred Alpha FMC’s latest annual results, where the group cited industry-wide “increased levels of competition as a result of overcapacity”. Its shares have fallen by 25 per cent since the start of the year after a bumper three-year period. Elixirr has a more varied client base than Alpha FMC, but it is not immune to market conditions. Staff costs as a percentage of revenues have risen over the past four years, and margins could suffer if work dries up. To make things worse, it is tricky to predict when or if a downturn is coming as contracts only last for four to eight weeks on average, limiting visibility and management’s capacity to plan. The firm’s resilience has been tested before, though: in 2020, the group achieved revenue growth of 24 per cent while the consulting market as a whole shrank by 18 per cent. Elixirr’s balance sheet is also reassuringly robust. The group has a net cash position, despite several acquisitions and dividend payments, and operations have proved reliably cash-generative so far: standard payment terms require settlement of invoices within 30 days of receipt, and the majority of trade receivables are less than 31 days old. Valuing potential Elixirr's share price has risen by 165 per cent since its IPO, so potential investors can be forgiven for feeling as though they’ve missed the boat. Small-cap valuations are slippery at the best of times, and the lack of publicly traded consultancies – together with a dearth of analyst coverage – makes valuing Elixirr even harder. However, there does appear to be a disconnect between its growth prospects and its price/earnings (PE) multiple. Analysis by Investec puts Elixirr on a PE ratio of 15.4 for the 2023 calendar year, despite a forecast sales CAGR for 2022-24 of 17 per cent. By contrast, Alpha FMC is expected to grow by 10 per cent but trades on a PE ratio of 18.1. Some will argue that Elixirr is cheap because it is small and risky. It has a short track record on the public market and is not widely covered by analysts. It is also exposed to partner and client exits, and its top three clients account for about a fifth of sales. On balance, however, the risk-reward balance looks enticing. As a capital-light sector challenger, Elixirr’s momentum could well persist for years to come. Taken together, profitable growth, a burgeoning client base and US expansion plans make for an intoxicating mixture. |
Posted at 28/3/2023 08:23 by aublune ELIXIRR INTERNATIONAL PLC (AIM:ELIX), an established, global award-winning challenger consultancy, is pleased to announce that Stephen Newton, Graham Busby, Nick Willott and Caroline Pitt will provide a live presentation relating to the Company's Annual Results via the Investor Meet Company platform on 3rd Apr 2023 at 4:30pm BST.The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation. |
Posted at 17/3/2023 14:25 by aublune Simplywallstreet on elixirr"Trading at 42.2% below our estimate of its fair value" I am not shocked! The results in a few weeks will get investors attention that this is way too cheap on 14x next year pe more close to 12.5x net of net cash with fabulous margins, and growth momentum above expectations |
Posted at 13/11/2022 11:28 by simon gordon FT - 13/11/22:Here are five things I think the latest bubble got right, drawing on interviews with investors and entrepreneurs. FT readers will doubtless have better, or contrary, ideas. First, the stock market has been right to attach enormous value to data, even if accountants have a hard time recognising it on the balance sheet. Those companies that can gather, process and exploit meaningful data have a significant competitive edge in almost every market. Second, while globalisation may be slowing, e-globalisation is accelerating. The International Telecommunication Union estimate(opens a new window)s that 4.9bn people — or 63 per cent of the world’s population — were connected to the internet by 2021. It is targeting 100 per cent by 2030. Not only are people increasingly accessing the internet but they are accessible on it, too. A teenage programmer in a bedroom in Tallinn or Lagos or Jakarta can reach a global audience overnight. Third, the Covid pandemic has permanently changed the world of work. Stock market investors may have suffered a sugar rush in excessively bidding up lockdown favourites such as Netflix, Spotify, Peloton and Zoom. But many companies will never be able to force valuable employees back to the office. So-called liquid enterprises that successfully hire and manage employees around the world are going to thrive — as are the companies that service this decentralised workforce. Fourth, the energy transition will translate into colossal stock market wealth. Tesla might have become the most overhyped, if not overvalued, company on the planet. But by spearheading the electric vehicle revolution, it nevertheless symbolises an important trend. Fifth, the evangelists touting crypto and Web 3 may have so far failed to deliver many answers, but they are asking the right questions. How do we own and trade digital assets? “Blockchain is a game-changer. It is going to restructure the back office of the world,” says one bank chief executive. This year’s cyclical downturn in public and private tech markets is crushing these secular trends. But in the past few weeks investors have been warming again to the attractions of fast-growing tech companies. One example is Figma, a collaborative software business that has just agreed an eye-popping $20bn takeover offer from Adobe. Dylan Field, Figma’s 30-year-old co-founder, tells me his company has been built on the “mega-trends&r ===== iOLAP looks to be a really interesting acquisition. Should have a lot of growth ahead of it. Could really help with the push into ESG which is a vast and growing market. Deloitte - 14/4/22: Deloitte announces $1 billion investment in global Sustainability & Climate practice Deloitte has announced a significant expansion and investment in Deloitte Sustainability & Climate, a global practice serving clients as they define a path to a more sustainable future. Deloitte’s Sustainability & Climate capabilities will support clients as they redefine their strategies, embed sustainability into their operations, meet tax, disclosure, and regulatory requirements, and help them accelerate transformation of their organizations and value chains. Building upon decades of sustainability and climate client service, Deloitte is assembling one of the largest global networks of sustainability experience including an investment of US$1 billion in client-related services, data-driven research, and assets and capabilities. “Taking action on climate change and sustainability more broadly is not a choice. It’s an imperative. And we all have a role to play. But it’s the business community that’s best positioned to lead the way on this,” says Punit Renjen, Deloitte Global CEO. “We have the resources, skills and influence to help build stronger and more sustainable communities. And it’s our collective environmental and societal footprint that has the potential to make or break this decade of action. This is why we developed Deloitte Sustainability & Climate. It is our way of not only holding ourselves accountable for accelerating progress on the UN Sustainable Development Goals and commitments of the Paris Agreement, but effectively facilitating action across the business community.” The global practice will help clients to transform at scale with the launch of the new Deloitte Center for Sustainable Progress (DCSP). In collaboration with leading academic, policy, business, and governmental organizations, the DCSP network will focus on holistic, results-oriented thought leadership, data driven analysis, and accountability reporting to guide organizations through their sustainability journeys. Deloitte will also build on its efforts of empowering individuals as part of its WorldClimate strategy by offering a robust curriculum of sustainability training courses to all 345,000 professionals along with its clients and suppliers. The curriculum will be offered virtually and through the network of Deloitte Universities. Jennifer Steinmann will serve as the first-ever Deloitte Global Sustainability & Climate Leader. “We believe a better future is possible and getting there will depend on a profound and lasting change in attitude and behavior,” says Steinmann. “Deloitte is committed to helping clients move from sustainability and climate commitments to action. We will do so by working with organizations to create a transformation plan as well as helping drive collaboration across a broader ecosystem―of suppliers, clients and customers, policymakers, and alliance partners across industries.” |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
