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SAAS

Microlise Group Plc

122.50
0.00 (0.0%)
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 0.0% 122.50 136,663 11:25:57
Bid Price Offer Price High Price Low Price Open Price
120.00 125.00 122.50 116.00 116.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Offices-holdng Companies,nec 63.21 1.35 - 122.50 142.03
Last Trade Time Trade Type Trade Size Trade Price Currency
16:40:28 O 50,000 122.00 GBX

Microlise (SAAS) Latest News

Microlise (SAAS) Discussions and Chat

Microlise Forums and Chat

Date Time Title Posts
12/5/202315:19Microlise29
06/4/202308:32Microlise: Transport telematics to optimize fleet operations efficiency9

Add a New Thread

Microlise (SAAS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-02 16:40:29122.0050,00061,000.00O
2023-06-02 15:24:14124.44160199.11O
2023-06-02 14:05:27120.501,3131,582.17O
2023-06-02 13:10:50124.44802998.04O
2023-06-02 12:01:18124.904657.45O

Microlise (SAAS) Top Chat Posts

Top Posts
Posted at 12/3/2023 16:05 by masurenguy
Share tip: Microlise could be a growth juggernaut

Floated on London’s junior market in July 2021 at £1.35 a share, and today the stock is £1.45 — recovered somewhat from the £1.21 doldrums last year when it bore the impact of the microchip shortage, but still a way off where it should be given how strongly retail and tech trends are running in Microlise's favour. It added 250 customers in 2022 and endured churn, quitting customers, of just 0.4%

When 2022’s results are published this month, Microlise is expected to post revenues up 5% to £63m, with profits up over 8% to £5m. The numbers are small for now, but this is a “slow and steady” firm. Nadeem Raza joined as a software engineer in the 1980s, becoming chief executive in 2008. His stake in the firm is now a shade over 50% of the shares, which gives him an incentive to succeed. He has grown revenues from £12m in 2021, 94% of that being organic.

Alongside solid cashflow generation, there is now £17m net cash plus an undrawn £20m credit facility. Deals to widen its portfolio into products for smaller fleets, and to expand faster overseas into France, Australia and New Zealand, look likely. The PE ratio, at 31 for 2023, looks high but the growth prospects override this. “Globalisation and the cross-border movement of goods means providing customers with what they need — when and where they need it. With a scalable business model, we believe that Microlise could be multiples of its size.” said William Lindsay, a broker Berenberg analyst. Buy.

https://www.thetimes.co.uk/article/share-tip-microlise-could-be-a-growth-juggernaut-j9s5fjf50

Posted at 26/2/2023 14:13 by masurenguy
New thread incorporating charts, company news and financials. This company was also tipped in the Mail On Sunday today.

Fast-growing Microlise helps JCB and its customers to maintain vehicles more effectively

As a firm specialising in transport-related technology, the group works with almost every large retailer in the UK, helping them to optimise delivery routes, keep drivers safe on the road and ensure that fleets comply with regulations. Microlise joined the junior AIM market in July 2021 at £1.35 a share. Today the stock is £1.13, yet businesses are clamouring for Microlise products.

Customers include all the major supermarkets, top retail chains such as Marks & Spencer, Next and DFS, and delivery firms from Royal Mail to DPD. Some firms 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 more than 200,000 drivers in the UK and customers' savings are extensive. Microlise is winning business overseas as well. Top Australian supermarket Coles is a customer, French firms are signing up and further expansion is expected across Europe and the Asia Pacific region.

The firm was hit by a shortage of microchips in 2022 but brokers still expect a 5% increase in annual turnover to £63m with profits up nearly 9% to £5m. Further steady growth is expected this year, with the pace increasing in 2024 as economic activity picks up, supply chain issues ease and the firm gains ground outside the UK. CEO Nadeem Raza has worked at Microlise for nearly 40 years, joining as a software engineer and taking on the top job in 2008. Knowing the business inside and out, he has helped the firm to develop a name for reliability, service and innovation.

Midas verdict: Microlise is a well-run company offering a service that helps businesses to save money and operate more efficiently. Raza is also highly motivated to succeed, with just over 50% of the shares, and he is keen to start paying a dividend as the business grows. At £1.13 the stock is a buy.

https://www.thisismoney.co.uk/money/investing/article-11792271/MIDAS-SHARE-TIPS-Microlise-transport-tech-firm-really-dig.html

Posted at 26/2/2023 13:59 by masurenguy
Established in 1982, Microlise is a leading provider of transport management software to fleet operators helping them to improve efficiency, safety, and reduce emissions. This enables lower vehicle fuel usage, reduced mileage travelled, improved driver performance, fewer accidents, elimination of paperwork and delivery of an enhanced customer experience.


!YOUTUBEVIDEO:1Kf4wFZT9Kg:
Listed on AIM in July 2021 @135p per share raising £18.6m for the Company and approximately £42.6m for existing shareholders selling stock in the IPO. Market cap on listing was £156.5m.

Results for the 18 months ended 31 December 2021: https://www.investegate.co.uk/microlise-group-plc--saas-/rns/final-results/202204120700050385I/

In a Trading update for the year ending 31 December 2022 the company stated that it expected to report year-on-year revenue growth of 5% to £63.2m, despite industry headwinds caused by microchip supply chain issues and delays in project deployment with non-OEM customers, which resulted in non-recurring revenues slightly below our forecasts. Annual Recurring Revenues grew at a faster rate than revenue, by 10% to £42.6m, with recurring revenues now representing 64% of the total. The balance sheet was also greatly strengthened during the year, with net cash at the end of December 22 up 27% to £16.7m, (FY21: £13.2m). In addition, the Group has an undrawn £20m Revolving Credit Facility. The Group expects to publish its full year results for the Period in late March 2023.

Main institutional shareholders
Liontrust Investment Partners: 8.92m. 7.70%
BGF Investment Management: 5.93m. 5.11%
Canaccord Genuity Wealth:5.59m. 4.82%
Hargreave Hale: 5.13m. 4.42%
Threadneedle Asset Management: 5.10m. 4.40%
Ninety One UK Ltd: 3.62m. 3.12%


Company Website: https://www.microlise.com/

Posted at 06/2/2023 06:52 by knowbodyyouno
Neither can I.
Some large reported trades which, if sells, may shed some light on the drop. It is an ill-liquid share so just some innocent re-balancing of a portfolio can lead to wild swings.

Posted at 03/2/2023 09:36 by knowbodyyouno
Any ideas regarding the fall?

Just quoted £1 to sell, which seems odd given the published price.

I didn't see anything alarming in the update, given current macro conditions.

Quite the opposite in fact...

Posted at 25/1/2022 13:46 by andre
This can't all be down to a wealth oracle article and a supply chain issue that has been known about for over a year? Everyone in industry knew the chip shortage wasn't going to clear in 2022. Microlise being a bit unfairly punished? There is selling on results and a share price cliff drop. This is the latter right now.
Posted at 24/1/2022 14:53 by kalai1
Microlise Group plc issued a trading update for the 18 months ended 31 December 2021. The company experienced strong growth in Revenue and EBITDA in line with market expectations with the Annual Recurring Revenue (ARR) run rate at 31 December 2021 at £39.0m, an increase of 9% on December 2020 (£35.7m). The Group was successfully admitted to AIM in July 2021, raising £61.2m of gross proceeds including £18.6m for the Company. This will be used to accelerate organic growth and support the Group's M&A strategy. The company is a newly listed tech, growth story. But valuation is excessive for the time being with PE ratio over 200. Certainly an interesting new tech name to monitor, but no rush to buy anytime soon....from WealthOracleAM

hxxps://wealthoracle.co.uk/detailed-result-full/SAAS/324

Posted at 07/9/2021 00:10 by theoriginalwonderstuff
Thanks KP.Any chance you know of the contents? Might you be able to share, with appropriate referencing and deference, of course! Thanks ?
Posted at 01/9/2021 22:15 by theoriginalwonderstuff
Caught sight of this a few days after it floated and after a small uptick in the share price Dipped my toe in at that point. We're now approaching 33% above the flotation price.Question is ... Will it motor on from here, or pull back?? What is "fair value" for the stock (granted, that is the $64 million question for every stock)?!
Posted at 28/8/2021 08:25 by wantage
Impossible to buy in any size. Can't find any research.chart is perma bullish. SAAS says it all.
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