Statpro Share Discussion Threads

[boadicea] 12/6/2019 15:40

More from Edison on today's purchase -

[weatherman] 12/6/2019 07:33

SOG makes small EU acquisition E0.9-E2.9 RNS.

[boadicea] 23/5/2019 19:46

Edison have published a (paid for) analysis -

The site is free but you may possibly be required to register.

[double double] 20/5/2019 09:02

Another important contract win today.

[aishah] 10/5/2019 11:50

EU investment manager group signs three-year €1.2m contract


Justin Wheatley, Group CEO, commented:

"This contract win and extension for Revolution Delta, our flagship fixed income service, is a clear demonstration of our capabilities to widen our services to existing customers.

"Our new EU Money Market Risk service forms an essential part of our risk compliance offering and is increasingly attractive as active asset managers are under growing cost pressure from both competition and regulation - only technology can ensure that they can remain competitive."

[napoleon 14th] 02/5/2019 18:35

The end of a long wait?

hxxps://masterinvestor.co.uk/equities/statpro-breaking-back-into-big-profit-could-see-share-price-upside/?utm_source=Daily+Bulletin&utm_campaign=e030a04cce-Daily_Bulletin_20190502&utm_medium=email&utm_term=0_25eff0bb7f-e030a04cce-37322301

[double double] 13/3/2019 08:15

Panmure have slightly reduced price target but overall between 5 brokers price target is still 209p.

[weatherman] 13/3/2019 07:51

Very good results today - adjusted eps up to 7.3p

[double double] 23/1/2019 11:37

I think it is the debt weighting down on the share price but hopefully higher margings promised recently will help.

[zipstuck] 23/1/2019 09:15

Margin increases and new contracts to come this yea, Lot of debt now though so Wary of EBITDA

[modform] 15/1/2019 09:34

Looks good, so many years of investment in software starting to bear fruit

[aishah] 15/1/2019 09:13

Large US asset service provider signs $1.5 million contract

Justin Wheatley, Group CEO, commented:

"Our strategy is to supply our flagship Revolution service to fund administrators and asset management service providers so they can offer higher quality performance and risk services to their clients.

"As the asset management market increasingly turns to outsourcing in order to reduce costs, we are uniquely placed to work with the largest outsourcing providers and derive new business from these sources.

"Winning a large new client by working closely with an existing partner is further evidence that our strategy is bearing fruit."

[bjfanc] 08/1/2019 17:11

Need to win new business. As there is nothing to say that these contract extensions are at a higher rate.

[modform] 08/1/2019 13:12

Got an initial holding before Xmas and added some today, decent growth forecast, low per, low peg and dividend payer. Will see how it progress, just a small holding atm

[zipstuck] 07/1/2019 14:30

Rock solid. REasonable yield. Limited downside. Better margins next year. Reduced development costs. Delta still attractive.

[aishah] 08/11/2018 09:11

We were beaten up in the last few months so a welcome rally. M&A activity perhaps?

[double double] 08/11/2018 08:22

News or tipped somewhere?

[double double] 26/10/2018 09:41

In an in-line Q3 trading update, StatPro says that its annualised recurring revenue (ARR) rose by 3% at constant currencies over the past 12 months to £54.8m. Additionally, earlier this week StatPro announced a c £1.0m five-year Infovest contract, which highlights the quality of the group’s Infovest data management solution. The main focus for growth remains the fund administrator channel and, in January, the group will operate a new structure with three divisions (Revolution for analytics, StatPro: Source for data, and Infovest for integration and data management) to drive the business. Following the recent de-rating, we believe the shares look increasing attractive on 15x our maintained FY19 earnings, especially in light of the active M&A backdrop in financial software and the scope for revenue acceleration and margin expansion.

[double double] 25/10/2018 07:40

25 October 2018



StatPro Group PLC



Q3 trading update



StatPro Group plc, ("StatPro", "the Group", AIM: SOG), the cloud-based portfolio analysis and asset pricing services provider for the global asset management industry, provides a trading update for the nine months ended 30 September 2018.



Revenue and profits continue to be in line with expectations for the current year.



In the 12 months to 30 September 2018, Group Annualised Recurring Revenue ("ARR"), increased by 3% to £54.8 million (September 2017: £53.1 million at constant currency), including the risk service of ODDO BHF, which was acquired on 1 July 2018. Underlying ARR growth for StatPro Revolution (excluding impact of acquired revenue and including conversions from StatPro Seven) was 16%.



The transition of the managed risk service of ODDO BHF to the Revolution platform is progressing according to plan with a target date of 31 December 2018. Once migrated, the duplicate cost of third-party software and data costs will be removed providing additional contribution to adjusted EBITDA.



The Group's continued focus on fund administrators has resulted in a steady increase quarter on quarter of new revenue from current fund administrator partners. As previously stated, the Board considers that the market as a whole is trending towards outsourcing and StatPro is uniquely positioned to benefit from this development due to its technology.



The migration of Delta is also progressing well. Delta clients will soon be able to add Revolution functionality without needing to change any of their input or output files, reports or their GUI (Graphical User Interface). Delta will be added to Revolution, which greatly expands the functionality for both Delta and Revolution clients.



The recently announced contract win with a large South African financial institution is encouraging and reflects the quality of the Infovest division. The Group expects the division to make steady progress and provide a positive contribution to profits of the Group.



Justin Wheatley, Chief Executive, commented:



"Our flagship platform, Revolution continues to cement its position as the leading fintech solution for performance and risk, with a special focus on the asset servicing sector. With the addition of the risk service from ODDO BHF, we are well placed to augment our capabilities in this area, especially in regards to fund administrators.



"The increase in functionality for Delta and the updated roadmap for its integration with Revolution is a key milestone and importantly, it removes a decision point for clients of Delta - they have warmly welcomed this development.



"As Revolution matures we continue to expect to see investment plateauing and an increase in our margins."

[aishah] 12/10/2018 09:56

Long time Techinvest constituent which has been on my watchlist for a considerable while. Added during the recent rout.

[napoleon 14th] 05/10/2018 10:05

double (double) bottom forming?

Or straight thru to sub 120p?

[double double] 25/9/2018 18:51

Potential V shape recovery.