Focusrite Share Discussion Threads

[tomyumgoong] 19/3/2021 10:45

Thank you! Yes, a misunderstanding on my part.... I was thinking more radio, home broadcasting! Nevertheless, another string to the Focusrite bow.

[glavey] 19/3/2021 05:23

Maybe a bit of a clue in the name "avinteractive" audio visual interactive.

Generally commercial audio is the sort of systems that distribute 'muzak' in commercial locations.

[alter ego] 18/3/2021 14:01

Current commercial Audio offering from Martin Audio

[glavey] 18/3/2021 05:54

I think you are misunderstanding "commercial audio".

[tomyumgoong] 17/3/2021 17:42

Focusrite to launch new commercial audio brand.....https://www.avinteractive.com/news/products/focusrite-group-launch-new-commercial-audio-brand-16-03-2021/I think this could be a very good move with many people now working from home! Streaming, podcasting, gaming are all areas Focusrite can target. Not sure why this hasn't been announced via an RNS.

[thetwentiestrader] 15/3/2021 23:44

An article reviewing the prospects for an investment in Focusrite - looking at Financial metrics, market opportunities and the overall business model: hxxps://www.thetwentiestrader.com/post/is-focusrite-music-to-investors-ears

[energeticbacker] 19/2/2021 14:20

Featured in Investor's Champion's daily update:

This is a cracking company which has performed exceptionally well over the pandemic. The rating in isolation looks quite punchy but Focusrite generates very attractive returns and consistently exceeds expectations.

[ih_782462] 19/2/2021 10:25

Excellent news, I can see real momentum given the strong fundamentals of this company, clearing the debt, yet still growing cash will enable them to expand further... well done management!

[tomyumgoong] 19/2/2021 09:14

Another very positive trading update! £90m+ in first half is awesome! Debt cleared......cash in the bank! Nice!

[tomyumgoong] 19/2/2021 09:11

£49m was half year revenues 2020 not full year! Full year revenues were £130m.

[coppertrader] 19/2/2021 08:37

revenue is ahead.... Half year of 90m rev, compared to 49m for the full year 2020. They have cleared the debt they took on to expand last year and make cash hand over fist... I conservitavely expect they will have at least 5m cash by april and 20m by year end and in the market for another purchash to expand the company...

[martywidget] 19/2/2021 08:24

"Overall, revenue, profits and cash for the Group are currently ahead of where the Board would expect them to be at this stage of the financial year and it is therefore likely that current market expectations for the financial year ending 31 August 2021 will be exceeded. "

Focusrite PLC Trading Update

[tomyumgoong] 17/12/2020 08:13

Very positive trading statement this morning. Phil Dudderidge saying "Consequently, revenue in the first quarter was substantially greater than the equivalent period in the previous financial year."

[davidosh] 14/12/2020 01:41

Just to mention that the Xmas MelloMonday special guest may mention Focusrite and I think shareholders and potential investors will appreciate his thoughts. There is an interview tonight with Keith Ashworth Lord who is a highly respected fund manager and well worth listening to. Keith's fund Castlefield are of course one of the largest shareholders in Focusrite and I think TUNE is their third largest position.

The Mello Monday event starts at 6pm
The full programme is available on the website.

Also of interest may be the MelloBASH... The analysts, fund manager and well known investors on the panel will give their honest verdicts on whether four companies are a Buy Avoid Sell or Hold at this current juncture in the markets.



All investors welcome and if you use the code MMTADVFN50 you will get a half price ticket. Great investor content and entertainment. We had nearly 400 investors attend last month so these are very popular.

[alter ego] 19/11/2020 13:48

latest IC comment summary:

"But the company could welcome a return to normal for the music industry sooner rather than later. Despite its soaring sales, operating profit plunged nearly 40 per cent to £7.9m, largely due to a £10.2m writedown on its recently acquired live music equipment business, following a mass closure of concerts and festivals this year. Music fans won’t be jostling in front of the stage anytime soon, but with debts from the buyout now paid off it shouldn’t weigh Focusrite down much more until live concerts return. With plenty more positive signs for the company's other product lines we say buy at 928p."

[energeticbacker] 17/11/2020 15:50

Fabulous results covered in Investor's Champion's update. Pity about Martin Audio and big impairment taken on this, but looks in great shape nevertheless

[sf5] 21/10/2020 18:42

Anyone know of any reasons for the recent steady climb? Just breached 1,000p today. No holdings changes RNS'd since the 14 Sept results but presumably someone is steadily buying. Not complaining though......

[tomyumgoong] 30/9/2020 13:19

What are people's opinions for the actual EPS for 2020? Reading other posts I can see forward EPS figures for 2021 of 25p per share but what about this year?......any thoughts? Is 25p a share possible this year?

[energeticbacker] 14/9/2020 16:19

Focusrite has been a joy to follow since IPO and continues to offer significant growth potential.

Cash has continued to flow and net debt of £19.9m at the end of February has turned into net cash of £3m at the end of August, a terrific achievement.

More on the Investor's Champion website.

[alphabeta4] 14/9/2020 10:43

Agreed, all sorts of positives in that update. Main part of the business showing 23% organic? 50p a share cash generation in 6 months to take to a net cash position.

Overall using Sharecast these were £7.40 back on 13/2, forward eps (to 31/8/21) since gone to 25.1p from 22.7p prior to today's further 'ahead' update, now 7 months further down the line and done 50p cash generation. Got to be worth best part of £9 on that basis IMHO?

[tomyumgoong] 14/9/2020 08:40

Wow! Absolutely awesome! Focusrite are debt free within a year of two acquisitions now with £3m in cash in the bank.........they've paid off £19m since February......that's outstanding!I never expected that! I estimated that it would take about 2 years to be debt free at the time of the last acquisition......they've done it in 8 months.....absolutely fantastic!

[scepticalinvestor] 14/9/2020 07:55

yes, indeed

[alter ego] 14/9/2020 07:52

excellent trading update

[alphabeta4] 26/7/2020 11:41

Nice read across from G4M?