Rosslyn Data Technologies Share Discussion Threads

[adamb1978] 12/1/2021 08:58

Bit surprised at the share price reaction first thing, though I guess when your average daily volume is c.£20k in value, individual's decisions can move the price. Important thing is that the business seems to be performing well

[kemche] 12/1/2021 08:34

Agreed - reads well.

[adamb1978] 12/1/2021 08:14

Very nice results this morning and per my comment a day or so ago, the commentary for me is more important.
- pipeline is largest ever
- second half begun well
- "significant opportunity to achieve higher growth rates next year and beyond."

Lots in there to like. From a valuation perspective, I tend to look at where companies might get to in 2-3 years time. I think there's very comfortably the potential for these to double in a couple years (£10m - £12m revenue and even if only re-rating to 3x-4x) but also the potential for the share price to increase 4x-5x.

A happy holder

[hastings] 12/1/2021 07:59

Cheers edmonda- Mas, I'm speaking with them very late afternoon as they are pretty well tied up with back to back calls throughout the day, so probably post the write up tomorrow morning.

[masurenguy] 12/1/2021 07:51

Cheers edmonda - I liked the comment:
"a host of bookings for the group’s leading 100% cloud-powered Customs software (re Brexit)"

and their forward projection:
"At 6.5p, we think the shares not only appear undervalued vs peers (re 2.2x CY EV/sales vs >6x) - but also trade at a wide discount to our 10p/share valuation."

Martin - looking forward to your feedback from management later today.

[edmonda] 12/1/2021 07:46

No orders cancelled @RosslynBI in H1 ’21 and H2 has ‘begun well’. Interims: Revs + 14.6%, low churn and net £6.1m cash. Qualified sales pipeline up healthy 18% in H1.

Shares look under-rated vs peers and Equity Development's 10p /share valuation, read their new research note here:

[hastings] 12/1/2021 07:46

Agreed Mas and it looks like some larger and more lucrative contracts ready to come through.

[masurenguy] 12/1/2021 07:30

Positive developments and looking good for 2021. Circa 32% of the current market cap is cash - current EV is circa 4.5p per share.

Results for the year ended 31 October 2020

Highlights

-- Significant investment into growing our sales and marketing teams, including the appointment of a Chief Customer Officer and a doubling of headcount.

-- This investment is already delivering returns and our pipeline has grown to its largest ever size.

-- Investment into product development, including User Interface and User Experience (UI/UX) improvements to the Rosslyn platform, such as self-service tools and smart dashboard creation and further developments in progress covering Artificial Intelligence and Robotic Process Automation

-- Group revenues of £3.6m (H1 2020: £3.1m) and gross profit margin of 82.2% (H1 2020 81.2%)

-- Administrative expenses increased to £3.14m (H1 2020: £2.69m) as a result of investment into sales and marketing

-- Operating EBITDA loss was £144,000 (H1 2020: £155,000 loss)
-- Annual Recurring Revenue ("ARR") of £6.2m (H1 FY2020: £6.0m)
-- Successfully raised £6.8m net of expenses in May; cash balance of £7.23m as at 31 October 2020.

-- Post period end launch of CustomsCloud(TM) , a cloud-based self-service solution designed to enable importers to manage the additional customs procedures resulting from the UK's departure from the EU.

[riddlerone] 11/1/2021 11:42

Cheers hastings

[daicaprice] 11/1/2021 08:53

That would be great, thanks hastings.

DC

[kemche] 11/1/2021 08:53

Thanks Hastings - look forward to hearing your thoughts.

[adamb1978] 11/1/2021 08:51

Thanks for flagging the date tmrw hastings - somehow I didnt have it in my calendar.

Expectations from people? I'm as focussed/interested on the narrative as the numbers - looking for the wording around outlook and business momentum

[hastings] 11/1/2021 08:28

Interim results out tomorrow and hopefully catching up with management at the end of the day. I'll add a write up on the back of that.

[chrisdgb] 08/1/2021 08:10

Hoping to see some more contract news to push us through the 7p barrier.........

[daicaprice] 07/1/2021 13:58

Taken 46k ahead of the news, expecting some nice reading and I don’t see it dipping beforehand.

DC

[adamb1978] 04/1/2021 14:15

Likewise. Presumably the interims will be in the next couple weeks - was 14th Jan last year. Should be somewhere around break-even at an EBITDA level. Outlook statement and overall tone though will I think determine any short-term moves. Would be nice to break out of the c.5.2 - 6.7p range

[riddlerone] 04/1/2021 14:04

Belated Happy New Year all.So any clues gents on a date for the interims? Seems like they have tied them up with contract news for the past few years which coupled with any news on CustomsCloud would I hope make for a nice update.

[masurenguy] 28/12/2020 09:26

Cheers Martin - that works for me too. I don't know why the previous links posted by B-g didn't ! The two key points that he mentioned were:

"there are >200k UK enterprises that will need to start filling out this (post Brexit) paperwork for the first time from 1st Jan'21. Meaning that if things go to plan, this revenue stream could well become material to #RDT, & relatively soon. Wrt valuation, the stock at 6.4p trades on a modest 2.05x FY21 EV/sales multiple vs peers at >5x."

[brummy_git] 28/12/2020 08:36

Thanks Hastings - I thought I was going mad

[hastings] 28/12/2020 07:56

This one seems to work ok for me Mas.Https://www.linkedin.com/posts/paul-hill-a5994116_rdt-saas-activity-6748883602584461312-uQdK

[masurenguy] 27/12/2020 17:06

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[brummy_git] 27/12/2020 16:22

They work for me

hxxp://www.linkedin.com/posts/paul-hill-a5994116_rdt-saas-activity-6748883602584461312-uQdK/

[masurenguy] 27/12/2020 15:58

Rather pointless posting links that do not work !

[brummy_git] 27/12/2020 14:09

New commentary here on RDT

www.linkedin.com/posts/paul-hill-a5994116_rdt-saas-activity-6748883602584461312-uQdK

[chrisdgb] 23/12/2020 10:37

Nice to see the steady buying today.........