ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

OSI Osirium Technologies Plc

2.20
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Osirium Technologies Plc OSI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.20 00:00:00
Open Price Low Price High Price Close Price Previous Close
2.20 2.20
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Osirium Technologies OSI Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 30/8/2023 11:39 by kemche
David Gruen - 09 Sep 2022 - 13:49:24 - 1254 of 1571 The serious business of cybersecurity - OSI

Well something has to take this beyond 30p in a very timely manner.....

My money is still on McAfee.
Posted at 13/6/2023 18:53 by denholm elliott
Kemche is well known for finding undervalued gems like OSI. If he’s in, I’m in.
Posted at 05/1/2023 14:21 by valuetracker
Don't buy at 20p again (Chesty1), buy now and sell at 20p.

Don't miss the bags...


Osirium Technologies PLC (AIM:OSI) surged 27% on Thursday, bringing five-day gains for the IT security services group above 50%.
The rally follows a major shake up on the board of directors, including the promotion of Stuart McGregor from sales director to chief executive officer.
OSI shares are now changing hands at 4.26p with a £5.2mln market capitalisation.

Stuart has over 20 years in the IT industry with a breadth of experience in leading direct and channel sales teams of SaaS and on premise solutions into mid-market and enterprises across EMEA. Most recently he was Sales Director for Privileged Access Management vendor, Bomgar, where he established an EMEA operation and led the UK and Northern Europe sales teams. Stuart saw local revenues grow by over 600% and sales operations created in UK, Netherlands, Germany and France.

Stuart was also a member of Bomgar ’s Global Leadership team and managed the integration of sales operations of the acquired Lieberman, Avecto and BeyondTrust businesses. Stuart has also held successful sales and consulting management positions at EMC, UK start-up software company Thunderhead, BroadVision and Oracle.
Posted at 08/2/2022 17:01 by hedgehog 100
If you think that OSI is overvalued, it follows that CCS is overvalued by multiples more ... so why aren't you warning people about CCS?

The CCS v. OSI full year results look quite comparable ... but for CCS shares you're paying nearly nine times as much -

CCS:
27/04/2021 06:00 UK Regulatory (RNS & others) Crossword Cybersecurity PLC 2020 Annual Results; AGM Notice; Board Changes LSE:CCS Crossword Cybersecurity Plc
"... Delivered 25% revenue growth to GBP1.6m, despite the toughest economy in recent memory. ...
Loss of GBP2.3m and GBP1.0m closing cash. ..."


OSI:
11/06/2021 06:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
"... Total recognised revenue increased by 22% to GBP1.43 million ...
Reduced operating loss of GBP2.88 million ...
... Cash balances at 31 December 2020 of GBP1.48 million ..."


Current CCS s.p.: 34.5p, market cap. £25.86M.

Current OSI s.p.: 10p, market cap. £2.94M.

Comparing OSI to other cybersecurity companies really highlights OSI's relative attractions.


You are full b.s. Megasonic: a nasty, mentally ill p---k, projecting your own self-hatred onto an innocent target because you are such a frustrated loser.

Why not tell us what your username was prior to Megasonic, so we can check out the disastrous calls you are hiding -

"megasonic
Member since: 29 Mar 2017"
Posted at 04/2/2022 15:40 by hedgehog 100
COMPARE & CONTRAST: CROSSWORD CYBERSECURITY v. OSIRIUM TECHNOLOGIES

The CCS v. OSI full year results look quite comparable ... but for CCS shares you're paying over nine times as much! -

CCS:
27/04/2021 06:00 UK Regulatory (RNS & others) Crossword Cybersecurity PLC 2020 Annual Results; AGM Notice; Board Changes LSE:CCS Crossword Cybersecurity Plc
"... Delivered 25% revenue growth to GBP1.6m, despite the toughest economy in recent memory. ...
Loss of GBP2.3m and GBP1.0m closing cash. ..."


OSI:
11/06/2021 06:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
"... Total recognised revenue increased by 22% to GBP1.43 million ...
Reduced operating loss of GBP2.88 million ...
... Cash balances at 31 December 2020 of GBP1.48 million ..."


Current CCS s.p.: 34.5p, market cap. £25.86M.

Current OSI s.p.: 9.5p, market cap. £2.79M.

Comparing OSI to other cybersecurity companies really highlights OSI's relative attractions.
Posted at 16/1/2022 11:19 by hedgehog 100
From OSI's AIM admission document, 8 April 2016:

"Between 2011 and 2015, Osirium raised, in total, just under £4 million via a series of funding rounds to finance further software development activities."


And in the period 2016-2020, OSI invested nearly £7.2M. into research and development:

11/06/2021 07:00 UKREG Osirium Technologies PLC Final Results
"... The Group spent GBP1.81m (2019: GBP1.77m) on direct staff and contractor costs for research and development, of which all was capitalised in both periods. ..."


08/05/2019 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
" ... The Group has also continued to increase its investment in R&D this past year. During this period, GBP1,439,119 has been capitalised, an increase of 15% from the previous year. ..."


24/04/2018 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
" ... The Group has also continued to increase its investment in R&D this past year. During this period, GBP1,254,000 has been capitalised; an increase of 53% from the previous year. ..."


03/05/2017 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
"... The Group continued to increase its investment in research and development, with GBP915,476 capitalised in the period (2015: GBP404,385), an increase of 126%. ..."



R&D spend in 2021 was probably at least similar to the previous two years, as in its September 2021 interims OSI said that R&D headcount had been increased.
So say c. £1.8M.+.

That would equate to about £9M.+ R&D spend 2016-2021.
+ nearly £4 raised 2011-2015 to finance software development.
= c. £13M. invested into software research & development in 2011-2021.
Posted at 01/12/2021 10:38 by hedgehog 100
Megasonic,

The fact that you are devoting so much time and energy posting on OSI suggests that you think it has something special, as indeed I do.

Remember this interesting link between OSI & US-listed CyberArk:

"CyberArk and Osirium integration + automation
CyberArk and Osirium integrations couldn’t be easier with the Tray Platform’s robust CyberArk and Osirium connectors, which can connect to any service without the need for separate integration tools."



CyberArk is a US company which is like a larger version of OSI -


It is quoted on the NASDAQ, with a market cap. of US$6.87 billion, annual revenue of US$464.43M., and annual losses of US$53.36M.

CyberArk Software (CYBR) Stock Chart:






So CYBR is valued at about 14.8 times its annual revenue, i.e. well over four times the price-to-sales ratio (PSR) of OSI, even though it should be easier for OSI to grow faster from a much lower base.

And OSI looks like an ideal bolt-on acquisition for CYBR.

OSI's PSR of just 3.44 is low for this type of company.
Posted at 01/12/2021 09:32 by megasonic
I see what you did there Kemche. Yes you are right, this thread has had a lot of ramping and false equivalencies - as you point out, certainly the most bizarre is equating OSI with Amazon. While some of us will read such things and just laugh, unfortunately the reality is there are investors who will read such nonsense, believe it and then act on it.=====I mean, you can kind of see the sense in hyping OSI, right? The Bull case for OSI is that it is a cybersec company with a micro cap valuation of £5m and it should, in this era of increased digital use, explode in value. Whether that is through organic growth, acquisitions or indeed a take over, the Bull case is OSI will rocket to the moon because it has a low base and is in a hot sector. It's a no brainier, just look at all the other tech companies if you don't believe the Bull. And at a £5m MCap, this baby is bound to multibag says the Bull. After all, you don't want FOMO do you?=====The Bear case does not disregard the low base nor the hot sector. The Bear case requires scratching beneath the surface to see the root problem: after years of losses and countless fund raisings, OSI is fast reaching a point where cash reserves will be depleted and the market will be reluctant to participate in further fund raising. OSI would be at risk of going out of business without a significant cash injection. The only strategy left open to the Board would be to engineer a take over. Bargaining from the weak position OSI would find itself in - and not forgetting the £2.7m+7.5% interest loan (which is more than half OSI's current MCap) - the Bear is pessimistic about the Board's chances of delivering "long term shareholder value" from any potential deal - it's not like they have a great track record, just checkout the 3 year OSI chart. The Bear says OSI is on the edge for a reason, takeover candidates will know that and no doubt will pursue a good bargain for their own shareholders. That is if there are any takeover candidates at all, opines the Bear.=====For those intent on OSI: then invest knowing this company, do not invest thinking "OSI is the next best thing since sliced bread".To clarify, OSI is NOT on the cusp of being the next Amazon, McAfee, CyberArk, DARK, AOM, STAR or anything of the sort. If anything, OSI is on the cusp of being broke. The only reasonable strategy is to wait for a buyer. But how much would a buyer pay? That is difficult to answer. At this point let me caution the reader against further ramping and false equivalencies that will undoubtedly follow this post. You are in essence trying to call the bottom of the share price fall and that is a notoriously difficult thing to do (don't catch a falling knife). I will not try to call the bottom, but I will say my belief is the bottom has yet to be reached.
Posted at 29/11/2021 09:43 by hedgehog 100
29/11/2021 06:59 UK Regulatory (RNS & others) Osirium Technologies PLC Trading Update LSE:OSI Osirium Technologies Plc

"Osirium Technologies plc (AIM: OSI), a leading vendor of cloud-based cybersecurity software, today provides an update on the trading for the current financial year ending 31 December 2021.

The Group has continued to make good operational and strategic progress with an impressive c.70% increase in new customers in the second half of the year to date, compared to the same period in 2020, demonstrating success in the Group's growth opportunities. New customer acquisitions has been driven by the Group's increased reach into new markets and a more general acceleration of interest in Privileged Security products across a number of sectors.

Average initial contract values have been lower and decision times longer, however, due to ongoing caution and disruption around customers' strategic IT plans, due to the COVID-19 pandemic. As a result, the Board anticipates that bookings and revenue for the year to 31 December 2021 will be broadly at the same levels achieved in the prior year and slightly behind current market expectations. The Board anticipate a normalisation of customers' decision making in the New Year. Customer retention rates remain high at 97% by value, demonstrating the value customers attribute to the Group's solutions and providing further foundations for 'land-and-expand' strategy.

As announced on 8 November 2021, Osirium's channel partner network is delivering opportunities overseas and domestically alongside the direct sales arm of the business, resulting in a growing number of leads. The Board will continue to assess and develop the Company's go-to-market strategies.

The Group has built an established 'best-in-class' Privileged Security suite, comprising three complementary product offerings to engage an exciting and substantial market opportunity which the Directors believe will be valued at approximately $25 billion by 2025.

As a result of these operational developments, the Group continues to add to its pipeline of opportunities for 2022. In addition to an expanded customer base and high level of customer retention, the Group has c.GBP1.5m of anticipated bookings from existing customer renewals due in 2022, as well as provide additional upside opportunities in 2022, as it further expands and deepens customer engagement.

David Guyatt, CEO of Osirium, commented:

"As a reflection of the demand for our services, we have continued to see growing customer numbers as we progress through the second half, along with sustained customer retention of >95% by value. While lower contract values have impacted our bookings and revenue, we believe our expanded market reach and penetration provides a good opportunity from which to execute our 'land-and-expand' strategy as the market continues to gain momentum and evolve. We will continue to review the Group's strategy for delivering long term shareholder value."

Simon Lee, Chairman of Osirium, added:

"While we remain confident in the long-term outlook for the Group and the demand for its services, we continue to consider the best options to ensure continued growth and to take advantage of the significant opportunities in the Privileged Security space.""




A decent OSI 2021 performance in the circumstances of the pandemic.

Being only slightly behind market expectations isn't bad - it means that the company is close to meeting them.

And turnover about the same as last year is relatively good, considering the turnover falls suffered by many other companies.

The comments from the CEO and Chairman at the end are interesting, i.e. reviewing OSI's strategy to deliver value, and considering options to ensure continued growth etc.

It sounds like the company could be considering putting itself up for sale - perhaps they have already had overtures that they are considering?

At a market cap. of just a few £M., OSI is a sitting duck for a takeover.
Posted at 08/11/2021 12:10 by hedgehog 100
Very significant news today about OSI's international expansion success.
The company is clearly going global.
And this clearly highlights the strength of OSI's offering, and its filling of a market need.

OSI won its first customer in North America in 2018:

08/05/2019 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
" ... -- Strong lead generation and presence at major industry events - first customer win in North America ..."


And interestingly, in February OSI registered a new patent in the USA ... which bodes well for its continued expansion into America:

01/02/2021 07:00 RNS Non-Regulatory Osirium Technologies PLC New Patent Granted LSE:OSI Osirium Technologies Plc
"Osirium Technologies plc (AIM: OSI.L), a leading vendor of cloud-based cybersecurity software, is pleased to announce it has been granted a new patent in the field of authentication services by the US Patent and Trade Mark office.
... The patent builds on Osirium's track record of innovation in privileged access, including a series of patents previously granted for credential management.
David Guyatt, Chief Executive Officer, commented : "Our continuing commitment to innovation has been a key factor in our success over the years. Our customers value it as it gives them new ways to address increasing security challenges, and our partners look for it, as it gives them compelling competitive differentiators.""

Your Recent History

Delayed Upgrade Clock