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SAAS Microlise Group Plc

162.00
0.00 (0.00%)
Last Updated: 07:32:02
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Microlise Group Plc LSE:SAAS London Ordinary Share GB00BLR8L223 ORD GBP0.001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 162.00 6,864 07:32:02
Bid Price Offer Price High Price Low Price Open Price
160.00 164.00 162.00 162.00 162.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 63.21M 1.35M 0.0117 138.46 187.83M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:01:12 O 5,500 161.86 GBX

Microlise (SAAS) Latest News

Microlise (SAAS) Discussions and Chat

Microlise Forums and Chat

Date Time Title Posts
12/4/202416:04Microlise: Transport telematics to optimize fleet operations efficiency78
08/4/202422:56Microlise38

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Microlise (SAAS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:01:13161.865,5008,902.30O
09:45:59163.901,2201,999.58O
07:12:12160.00144230.40O
2024-04-17 14:34:41163.901,8272,994.45O
2024-04-17 13:41:13163.90302494.98O

Microlise (SAAS) Top Chat Posts

Top Posts
Posted at 18/4/2024 09:20 by Microlise Daily Update
Microlise Group Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker SAAS. The last closing price for Microlise was 162p.
Microlise currently has 115,945,956 shares in issue. The market capitalisation of Microlise is £187,832,449.
Microlise has a price to earnings ratio (PE ratio) of 138.46.
This morning SAAS shares opened at 162p
Posted at 09/4/2024 07:14 by masurenguy
A positive set of results with sales increased by 13%, EBITDA and net cash ahead of market expectations plus a maiden dividend of 1.725p.

Results for the year ended 31 December 2023
Strong performance driven by consistent strategic execution

Financial Highlights

· The Group has driven an increase in total revenue to £71.7m (13%) for the 12 months ended 31 December 2023 (FY22: £63.2m).

· Growth in the period was a result of continued strong demand from Original Equipment Manufacturer (OEM) customers and increased revenue from direct customers towards the end of the year as an improvement of new vehicle availability in H2 enabled the Company to deliver against its record orderbook.

· Recurring revenue +11% to £45m, ahead of market expectations, supported by the renewal of several major customer contracts and new customer wins (FY22: £40.5m).

· Gross profit +16% to £43.6m (FY22: £37.6m), at a gross profit margin of 61% (FY22: 60%) due to the increased gross margin % from both recurring and non-recurring revenues in the period.

· Adjusted EBITDA +15% to £9.4m (FY22: £8.2m), ahead of market expectations. Adjusted EBITDA percentage has increased marginally to 13.1% (FY22: 13.0%). Operating margins flat following the previously announced commencement of the Group's investment programme to improve its go-to-market and product offering and support further growth.

· Continued strong underlying cash conversion exceeding 90% reflecting growth in subscription revenue and continued good working capital management.

· Robust balance sheet with £16.8m cash and cash equivalents (FY22: £16.7m), £10m undrawn Revolving Credit Facility and £20m accordion facility available until April 2027 with the option to extend.

· Maiden final ordinary dividend of 1.725 pence per share (FY22: nil) payable on 28 June 2024 to shareholders on the register at close of business on 7 June 2024.

Strategic and operational highlights

· Subscriptions +6.8%, driven by continued growth in our existing customers together with new customer wins (FY22: 599,000).

· Annual recurring revenue (ARR) run rate +12% to £47.7m, of which 11.8% represented organic growth at 31 December 2023 from £42.6m on 31 December 2022.

· The Group added over 450 new customers in the period and long-term contract customer churn rate by value remained very low at 0.7% (FY22: 0.4%)

Current Trading & Outlook

· Microlise enters FY24 with good momentum driven by consistent strategic execution. Looking ahead, the Board expects organic growth to improve from current levels as we move through the year supported by a healthy orderbook and pipeline of opportunities across OEM and direct customer divisions. Operating margins are expected to trend upwards in FY24 and beyond, as we focus on careful management of the cost base and efficiently scaling the Group.

· We started the new financial year in line with our expectations and remain very confident with the opportunities we have in front of us, and in our ability to deliver against market expectations.

· Recent acquisitions of Transportation Management System (TMS) providers, Enterprise Software Systems and Vita Software, as well as vulnerable road user app supplier K-Safe are trading in-line with our expectations.

Nadeem Raza, CEO of Microlise, commented: "Microlise performed well in FY23, delivering double digit revenue growth, increased profitability and strong cash flows. During the period, we secured the renewal of several major customer contracts and significant new logo wins. We are continuing to build a resilient business to deliver sustained, efficient growth having made three key acquisitions that have enabled us to improve and expand our product offering. Our focus remains on scaling our business and increasing margins through consistently improving the efficiency of our business. With the supply chain issues in the first half of the year now fully behind us, and with a strong order book and healthy pipeline, we look forward to 2024 with confidence."
Posted at 08/4/2024 22:56 by citys2874
Investors and analysts presentation tomorrow should be good. Winning a £10.6 million five your contract with woolliesX, is the same value for the two acquisitions made by the company.

Enterprise Software Systems has been trading for more than 25 years and is a supplier of transport management software (TMS) for medium to large UK transport companies, offering end-to-end solutions. This acquisitions gives them access to more clients and bigger contracts and should pave the pathway for bigger revenues this year. They have won one of the biggest retailers in Australia, so more retailers should follow and can see them dominating the retailer industry in Australia very soon as well as the UK.

Expect some buy ratings from analyst and a lot more people buying Microlise shares over the nest few days and next week, when Press and analyst coverage begins.

This is a multi-bagger share and a gem of a company whose customers love them.
Posted at 08/4/2024 12:20 by citys2874
Microlise, a prominent provider of transport management software to fleet operators, has promising growth prospects.

Let’s delve into some key factors:

Market Demand: The transportation and logistics industry is rapidly evolving, driven by globalization, e-commerce, and supply chain complexities. Microlise’s solutions cater to the critical needs of fleet management, route optimization, and real-time tracking. As demand for efficient logistics grows, Microlise is well-positioned to expand its market share. It dominates the UK retail industry.

Innovation and Technology: Microlise invests in cutting-edge technology, including telematics, IoT, and data analytics. Their software enables fleet operators to enhance safety, reduce fuel consumption, and improve overall efficiency. As technology continues to evolve, Microlise’s commitment to innovation will drive sustained growth.

Global Expansion: Microlise operates in multiple countries, serving diverse industries such as retail, healthcare, and construction. Their global footprint provides opportunities for expansion into new markets. As they forge partnerships and adapt their solutions to regional needs, Microlise can tap into untapped growth potential. They just won 20 million dollar contract with woollies in Australia and more to come.

Strategic Partnerships: Collaborations with industry leaders, OEMs (original equipment manufacturers), and logistics providers enhance Microlise’s reach. These partnerships facilitate cross-selling, product integration, and access to a broader customer base. As they nurture existing relationships and forge new ones, Microlise’s growth trajectory remains positive.


Sustainability and Green Initiatives: With increasing emphasis on environmental sustainability, Microlise’s solutions align with the industry’s push for greener practices. Their focus on reducing emissions, optimizing routes, and promoting eco-friendly driving positions them well for growth in an eco-conscious market.
Acquisitions and Product Diversification: Microlise has a history of strategic acquisitions, expanding their portfolio and capabilities. By diversifying their offerings and addressing emerging industry needs, they can capture additional market segments and drive revenue growth.


Customer Success: Microlise’s commitment to customer satisfaction and support fosters long-term relationships. Satisfied customers are more likely to recommend and expand their usage of Microlise’s solutions. As they continue to prioritize customer success, organic growth opportunities abound. The keep their customers happy and cross selling their new products via new acquisition enhancing customer value all the time

In summary, Microlise’s growth prospects are buoyed by industry trends, technological advancements, global reach, and a customer-centric approach. Investors can expect a strong financial performance tomorrow, increasing range of products and services, even more strategic moves and acquisitions globally, along with bigger value contracts and new wins in 2024.

Multi-bagger gem of a share
Posted at 05/4/2024 14:42 by citys2874
In the top 13 gainers / risers now moving up the leaderboard....buying pressure gaining momentum and this under the radar share is starting to get noticed. Technicals are now saying this is a BUY ....so once this breaks past 1.60 it should push up quite quickly past 1.75+ this afternoon
Posted at 05/4/2024 14:19 by citys2874
Expect we will see a lot more people buying into SAAS today and we should rally this afternoon
Posted at 05/4/2024 08:44 by masurenguy
Despite a down market day SAAS just hit a 12 month high this morning !
Posted at 28/3/2024 12:04 by citys2874
RNS TODAY

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, is pleased to announce it has signed an initial 5-year contract for a total value of AU$20M (approximately £10.6 million at AUD:GBP of 1.9352 as at 27 March 2024), with WooliesX, part of the Woolworths Group, Australia's largest supermarket chain.

WooliesX has selected Microlise to deploy applications across its entire online delivery fleet operation throughout Australia, which provide home delivery to 240,000 customer homes every week, and travel over 70,000,000 km's annually. The landmark contract was agreed with a view to delivering improved asset and driver visibility, monitor asset health, understand the impact on the environment, promote behavioural improvements in drivers, enhance safety & compliance and reduce fuel costs.

WooliesX roll out of Microlise's solutions has already begun, with the remainder taking place across the rest of 2024. These solutions include Fleet Performance, Journey Management, Health & Safety Module, Cold Chain Temperature Monitoring and Full 5 Way clear vision Risk Reduction Cameras with AI Driver Distraction Camera's. The contract also includes Third-Party Integration with Woolies Proprietary Delivery Management Application (Woolies GO), which will interlink the two systems to share Woolies GO data via API directly into the Microlise Journey Management system, providing transparency across their operations and drivers performance.
Posted at 28/3/2024 11:54 by citys2874
Fast growing technology company Microlize helps JCB and its customers maintain vehicles more effectively and repair them quickly if they do go wrong.

The group installs a special kit in the excavators that alerts users if something is wrong and identifies what happened if there is a malfunction. The gadgets can already be found in some 250,000 diggers around the world, including Antarctica. More are on order this year as the technology can make a huge difference to JCB customers, especially those in faraway places.

The truck manufacturer is just one customer of Microlise. As a company specializing in transport related technology, the group works with almost every major UK retailer to help them optimize delivery routes, keep drivers safe on the road and ensure fleet compliance. Now spreading its wing and getting very strong traction in australia.....with Woolies x contact win today

Microlise entered the junior AIM market in July 2021 at £1.35 per share. Today the stock is £1.13, but companies are clamoring for Microlise products.


Customers include all major supermarkets, top retail chains such as Marks & Spencer, Next and DFS, and delivery companies from Royal Mail to DPD. Some companies use Microlise to work out routes from warehouse to store. Others rely on the Nottingham-based group to calculate how best to deliver goods to consumers’ homes.

The company’s software is used by over 200,000 drivers in the UK and customers’ savings are huge. Microlise also wins business abroad. Top Australian supermarket Coles is a customer, French companies are joining and further expansion is expected in Europe and the Asia-Pacific region.

its a strong, well-run company that offers a service that helps companies save money and work more efficiently. Raza is also highly motivated to succeed, owning just over 50 percent of the stock, and is eager to pay dividends as the company grows. At £1.40, the share is a bargain.
Posted at 28/3/2024 11:16 by citys2874
Market makers ready to lift the price up now .....great opening start and strong buying pressure coming in now
Posted at 28/3/2024 08:29 by masurenguy
Yes and the final results are due on Tuesday April 9th.

"Microlise is a really interesting company. We look for businesses that have got really strong market positions and Microlise has 60% market share in the UK. There is a big opportunity not just to sell their products internationally because they are best in class but also domestically as they add additional functionality which helps with lots of regularity changes but also with the efficiency of a fleet. The holy grail that everyone is looking for is the SaaS revenues, which in perpetuity are ultimately recurring revenue that ultimately generate a very high quality cashflow and that's because your customers really value what you are doing for them." James Thorne, Columbia Threadneedle, 30th January 2024

"What you see from this company is that it has got a very sticky customer base and a very high quality customer base aswell which is very blue chip. They don't really lose clients so their revenue has great visibility on that. It's trading on less than 2 x forward sales and that is not expensive for this sort of business. The business is very well placed going forward" Oliver Brown, RC Brown, 11 March 2024

Wise words and it is worth noting that the current shareprice is just marginally above the IPO price in July 2021 and nearly 40% below its ATH in September of that year. We know from the year end trading update, that was issued 2 months ago, that sales were anticipated to have increased by circa 13% to £71.7m, EBITDA by 14% with net cash remaining at circa £16.8m even after cash expenditure of £3m on acquisitions over the past 12 months. Onward and upward !
Microlise share price data is direct from the London Stock Exchange

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