Rhythmone Share Discussion Threads

[leluot3] 16/1/2017 10:25

Apparently Barkpoo the pompous prat has misread 40p for 240p once again!

With a weak quarter to come the share price isn't going much higher

Barkpoo and his fairies continue to post utter rubbish

[kendonagasaki] 16/1/2017 10:24

Lot of buying pressure showing on all levels.Barky is right about not a lot of shares out there for sale.Today of all days?Pressure cooker steaming along very nicely.16p- 42p in 8 months and climbing.

[sikhthetech] 16/1/2017 10:24

Numis retains.. tp 52p..

[kendonagasaki] 16/1/2017 10:17

JonC!Collapsing now??

[lance corporal winstanley ash] 16/1/2017 10:17

Big bear has spoken!

[kendonagasaki] 16/1/2017 10:16

Promote discussion is what the man said!

[sikhthetech] 16/1/2017 10:15

1gw, the growth rate is impressive but from a low base...

Let's hope the fy figures back up their comments...
or we could see the old "startup" comments if they don't... ;-)

You estimate fy $171m, what about with Perk...

[barkboo] 16/1/2017 10:13

Scaffolders send their love to traders!

Did I mention they are never wrong? 240p Royal Flush!

[1gw] 16/1/2017 10:07

On the whole I think the update is pretty good, although I would have hoped for a bit more programmatic revenue given they had a full quarter of international revenue this time.

It looks to me as though they are on track for a return to full year revenue growth (excluding Perk) which I think is excellent considering they must have exited FY16 at a run-rate well below the full year $166m reported (given all the stuff closed down through FY16).

The YoY growth rate in programmatic is showing a great trend:
26% Q1 (i.e. Q1 FY17 26% higher than Q1 FY16)
62% Q2
78% Q3
and this seems to be showing the programmatic growth is not only being sustained but improved (as a counter to those who argue that because it is "early days" the growth rate isn't really that impressive).

To get to a full-year revenue number, excluding Perk, I did the following:

$90.2m year-to-date programmatic revenue (multiplying out volume, fill rate, price)
1.47 ratio of total rev to prog rev (1H results $81m total vs $55m prog)
$132.6m estimate of year-to-date total revenue (90.2 x 1.47)
$51.9m estimate of 3Q total revenue
$38.9m estimate of 4Q total revenue*
$171m estimate of FY17 total revenue, excluding Perk

* Brian said on the 1H call that "Historically, between [calendar] Q4 and Q1 anything from 20% to 30%, even 40% drop in revenue." For the financial Q4 revenue estimate I have taken 25% i.e. the mid-point of the first range (75% x $51.9m).

I wish they would have updated their guidance to something more than just "a return to full year profitability" (by which I am pretty sure they mean full year positive adjusted EBITDA) given their 1H beat on expectations and 3Q in line with previously upgraded expectations. I put this down to a mix of conservatism and a lack of trust in their own near-term forecasts given the volatility of the programmatic metrics (esp. fill rate and price).

My analysis only, to promote discussion. Errors excepted. No advice intended.

[sikhthetech] 16/1/2017 10:07

same old lies from football..with the usual 'good luck'....


football16 Jan '17 - 08:47 - 1346 of 1346 0 0 (premium)
Nobbygnome good luck but watch for old STT as he likes to pump and dump shares

[andydangerous] 16/1/2017 10:06

As I posted a few days ago, expect a bit of resistance around here:

[sikhthetech] 16/1/2017 10:03

125k sell...
chart in header showed 150k sell & 200k buy earlier..

[kendonagasaki] 16/1/2017 10:01

My charts indicate 46p very soon.

[rrb] 16/1/2017 10:01

This thing is breaking out on good volume. Glad I'm not short. Maybe that Harvard professor can write another piece for the scum hedge funds who manipulated the share price down to 15p. Next stop -> 60p. Enjoy…

[sikhthetech] 16/1/2017 09:47

gl, agree, they're starting from a low base...

Given their comments, fy revenues??? > $200m?? or will they come up with some other excuse...

H1 was $80...

[loafofbread] 16/1/2017 09:44

4151.

Yes.

[sikhthetech] 16/1/2017 09:41

broke through 41p... :-)

[stocky] 16/1/2017 09:41

I wouldn't be surprised if Amazon or another large player is planning a takeover. The only indicator letting down the side is the fill rate. I'm sure that is easily remedied in the hands of a larger outfit.

[football] 16/1/2017 09:32

starting to look like the market likes it

[football] 16/1/2017 09:07

BARKBOO

John John - you keep hinting that RTHM could soon be sold? So one would presume, you make the stock a buy?

Or - do you think RTHM would sell for less than the current SP? lol

[barkboo] 16/1/2017 09:04

John John - you keep hinting that RTHM could soon be sold? So one would presume, you make the stock a buy?

Or - do you think RTHM would sell for less than the current SP? lol

[sikhthetech] 16/1/2017 08:57

Jw, lol..given the articles regarding Rubicon being up for sale, it wouldn't be a surprise...

[propercharlie] 16/1/2017 08:54

looks good to me:I like the trend
Units revenue
2017 q3 3,527
2017 q2 3,041
2017 q1 2,446
2016 q3 1,985
2016 q2 1,876
2016 q1 1,945

[football] 16/1/2017 08:53

LOL number 81 in the top list of movers

81 RTHM Rhythmone 39.75 1.92% 0.75 5


RhythmOne PLC Q3 Trading Update
TIDMRTHM RNS Number : 1885U RhythmOne PLC 16 January 2017 RHYTHMONE PLC FINANCIAL THIRD QUARTER 2017 TRADING UPDATE London, England and San Francisco, CA. - 16 January 2017 - RhythmOne plc ("RhythmOne", or the...