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Share Name Share Symbol Market Type Share ISIN Share Description
Getbusy Plc LSE:GETB London Ordinary Share GB00BG0TSD71 ORD 0.15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.75% 66.00 65.00 67.00 66.50 65.50 66.50 52,139 14:34:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 12.7 -1.2 -2.5 - 32

Getbusy Share Discussion Threads

Showing 101 to 123 of 125 messages
Chat Pages: 5  4  3  2  1
DateSubjectAuthorDiscuss
06/5/2020
13:08
Hi Hastings , yes getting through this as best we can. Hopefully likewise for you. Also bought another stock you hold this morning IHC. It’s in good shape also.
battlebus2
06/5/2020
11:14
Ah nice to have your company here BB and hi to you too Mas, trust all is well with both of you.
hastings
06/5/2020
11:04
Took a few yesterday, like you say Mas a great update
battlebus2
05/5/2020
08:27
Yes, a very positive announcement. AGM Trading Update 5 May 2020 Year-to-date trading The new financial year has started well, with double digit revenue growth and a small Adjusted Profit* being generated in the first four months of the year (the “Period”). On a constant currency basis, recurring revenue and total revenue grew by 20% and 15% respectively in the Period. Recurring revenue represented 90% of the Group’s total revenue in the Period. For SmartVault, recurring revenue growth of 32% has been driven by a 36% increase in the value of new business, reflecting both strong market demand for cloud productivity products and improved sales and marketing execution. In March, we also launched our new VirtualVault product in limited private beta, aimed at the monetisation of SmartVault’s one million portal users by providing them with a personal secure digital vault for health, financial and asset-related documentation. For Virtual Cabinet, recurring revenue growth of 13% reflects the benefit of strong growth in 2019 and further improvements in revenue per user. Total revenue growth, as expected, was lower at 6% due to the reduction in non-recurring revenue as we continue the deliberate transition to a pure subscription revenue model. For GetBusy, marketing, channel development, sales and customer success teams are now in place for the GetBusy application and there has been encouraging progress with new and prospective customers. While revenue remains immaterial to the Group as a whole, paying user numbers have increased over 30% since early March and we continue to iterate and test the value proposition. COVID-19 update The health and wellbeing of our staff remains our highest priority, and we are pleased that the team continues to be healthy. Operationally, the transition to remote working has gone smoothly, with our wide use of cloud-based tools being a key enabler. The immediate impact on our customers has been mixed. Accountants and bookkeepers, which comprise about 60% of our revenue base, have a diversity of clients and so their financial health will be reliant on the constituents of their specific client base. We have no material direct exposure to the retail, leisure or transport industries. That said, there is an increased risk of customers churning or reducing licensed user numbers as they cut staffing levels, albeit we have yet to see significant examples of this. We have, however, seen some clear stretching of payment terms by customers in the UK, and some customers have asked to switch from our annual subscription plans to monthly-paid plans as their own cashflow has been challenged since the global lockdowns. Importantly, no single customer accounts for more than 1% of our recurring revenue, which helps mitigate risk. The landscape for new business has been more complex. Trade shows have been cancelled or postponed throughout the first half of the year, which impacts lead generation particularly in the UK. We are diverting some of the spend previously earmarked for trade shows to online lead generation. For SmartVault, demand from new customers has remained solid, albeit with monthly variations. The extension of US tax filing deadlines by 3 months from April until July may alter some of the usual seasonal buying behaviour for the US accounting market, although it is too early to determine the precise impact. For Virtual Cabinet, conversion of new customer leads, which often require an on-site installation, has slowed considerably since early March and as a result we have furloughed a small number of customer-facing staff who are unable currently to access client sites. However, we have seen reasonable levels of upsell to the existing customer base; for example, increasing the number of portal or mobile app licenses as more staff move to remote working. Working capital position Notwithstanding the Group’s strong start to the year, the Board has modelled a number of downside scenarios on revenue to ensure that there is sufficient working capital within the business going forward. The scenarios modelled include known additional cash receipts such as c. £0.7m of UK research and development tax credits, c. £0.4m from the US Paycheck Protection Program forgivable loan scheme, together with the benefit of payroll tax reductions under the Boosting Cashflow for Employers program in Australia and the support for furloughed staff under the Coronavirus Job Retention Scheme in the UK. These receipts have been modelled together with forecast capital expenditures, overheads and a broad range of stretching of trade receivables from customers. As a result of this comprehensive scenario planning, the Board is confident that the Group’s balance sheet is sufficiently resilient to withstand the current crisis. Outlook The changes to people’s working lives over the last couple of months accelerate trends towards fully digitised, paperless work practices that our document management products enable. The surge in remote working requires a new software toolset for many organisations and each of our products is a component of that toolset. In the medium to longer term, therefore, we expect this situation to be a catalyst for significant growth in the market and we aim to capitalise on this growth. We remain confident that revenue and Adjusted Loss* for 2020 will be in line with market expectations of £13.8m and £(0.6)m respectively. * Adjusted Profit / (Loss) before Tax is Profit / Loss before share option costs, net capitalised development costs, finance costs that are not related to leases, and non-underlying items.
masurenguy
05/5/2020
07:47
TU out (very informative and detailed) about the position of the company and how the impact of Covid 19 will affect the company both in the near term and looking forward.My personal view is that the company seems to be well positioned to take advantage of the shift to more mobile way of accessing data. It's how they get their message and products out there.
mr doughnut1
22/4/2020
15:22
I don't believe it, someone's read this mornings RNS and bought some shares, it's only 3.21 pm.
mr doughnut1
22/4/2020
08:09
Positive RNS this am. All employees COVID free ‘We are fortunate that our subscription model is inherently resilient to the challenges that many business are currently facing’. While there may be disruption from prospective customers uptake of products, they regard the lockdown as a potential ‘catalyst̵7; in the medium to long term. GetBusy USA corporation also received a US loan of $515,000 under the US Small business administrators Paycheck Protection Programme(PPP). A proportion of this may be forgivable if the use of the proceeds meet certain criteria. ‘We anticipate meeting the criteria and expect between 90% and 100% of the loan to be forgiven over the next eight weeks’ Only downside (not mentioned) is that they have a brand new office that is currently empty, for which presumably they will be paying rent.
mr doughnut1
25/3/2020
18:58
Tweet from Virtual Cabinet"We appreciate we're one of the lucky ones who can say it's business as usual"It is looking as though business operating in online spaces are less affected by Covid19.
mr doughnut1
16/3/2020
10:28
Today's fall based entirely upon one Sell of 10,000 shares @53.18p !
masurenguy
03/3/2020
20:37
I think 2020 will see another double digit revenue growth and, once you strip out the investment in getbusy its profitable.
the ghost who walks
03/3/2020
20:33
Do you have the research note?
the ghost who walks
03/3/2020
13:56
Liberum issued a new Buy recommendation today with a target price of 78p.
masurenguy
03/3/2020
08:06
Financial highlights *Group recurring revenue up 20% in reported currency and 19% at constant currency from user growth and higher ARPU *31% total revenue growth in SmartVault (25% at constant currency) driven by strong US performance *10% total revenue growth in Virtual Cabinet (11% at constant currency) *42% growth in adjusted profit before tax for Virtual Cabinet, with operating margin up 9% to 41% *Adjusted loss before tax improvement of 29% to £(595)k *Statutory loss before tax reduced by 2% to £(1,180)k Operational highlights *Document Management paying users up 4,307 to 65,850 *Portal users up 31% to 1.6 million *Further improvements to net Monthly Recurring Revenue churn in Virtual Cabinet (0.1%) and SmartVault (0.0%) *SmartVault signed first major channel and integration agreement in UK with TaxCalc *£1m of investment made in SmartVault customer acquisition and development to support future growth, including £0.4m to launch into UK market *First paying users for GetBusy product Daniel Rabie, CEO of GetBusy, commented: "There has been excellent progress towards the strategic objectives for each of our products in 2019. SmartVault’s recurring revenue growth has been very strong on the back of the significant ongoing investments in customer acquisition and product capabilities. The new year has started very well; the level of new sales achieved in January was a record by a substantial margin. We are pleased with Virtual Cabinet’s operating margin improvement and impressive cash generation and expect the business to increase its margin further this year. The product enhancements we have made during 2019, and continue to make, help to provide ever increasing value to our user base of over 45,000. Obtaining our first paying users for GetBusy has been an important milestone. We are confident that the product presents a distinct value proposition for team productivity and we look forward to building channels and taking the product to market in 2020. Within our product portfolio we have an established brand that is well-respected and highly profitable, a rapidly growing and very scalable SaaS product that has clear product market fit and a new entrant that is seeking to carve out a lucrative niche in a sector that is undergoing disruption. This unique combination of products is a key enabler of our aim to be a long-term sustainable growth business."
masurenguy
03/3/2020
07:12
Excellent start to the year it seems
the ghost who walks
19/2/2020
18:13
Great move, more to come I think
the ghost who walks
19/2/2020
17:45
Nice move up today. Full year results out on the 3rd of March. Results should be as expected, outlined by Paul Hayworth in the Mello presentation. I did receive a tweet about a delay with an update to Virtual Cabinet software. When I went back to look for it a day later it had gone, so I am assuming it was all sorted.
mr doughnut1
06/2/2020
17:52
The shareholder register change was the catalyst, mgt gearing massive and growing fast.
the ghost who walks
06/2/2020
16:34
Shareprice is up by 32% since 6 January in the 4 weeks following the short suspension prior to the completion of the share capital reorganisation process. During this period the average daily trading volume increased by 26% which clearly created some momentum here.
masurenguy
17/1/2020
17:31
Indeed, stalking like a ghost that walks!
hastings
13/1/2020
20:57
Nice. Stock remains interesting,
the ghost who walks
13/1/2020
16:51
Shares closed today at an 18 month high ! RNS Number : 6512Z 13 January 2020 GetBusy plc Subscription for 500,000 Ordinary Shares and Director / PDMR Shareholding Daniel Rabie, the Group's Chief Executive Officer, has today subscribed for and been issued, conditional upon admission to trading on AIM, 500,000 ordinary shares of 0.15 pence each in the capital of the Company at a subscription price of 52.5 pence per share (being the mid-market closing price on 10 January 2020 (being the last practicable date prior to the subscription for such shares). Application has been made for the shares to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the shares will commence at 8:00 a.m. on 17 January 2020.
masurenguy
11/1/2020
18:00
I reckon this company can probably generate several million ebitda in a few years, leaving it cheap
the ghost who walks
10/1/2020
14:43
Good to see Gresham House Asset Management adding to your list Masurenguy. TR1 indicates they have taken a 3.71 percent stake today. The institutional interest shown in early January gets another tick form me. To use that phrase - 'this stock is still very much under the radar'.
mr doughnut1
Chat Pages: 5  4  3  2  1
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