VID

Videndum Plc

659.00
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Videndum Plc LSE:VID London Ordinary Share GB0009296665 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 659.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
651.00 666.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Photographic Equip & Supply 451.20 32.90 70.60 933.43 307.02
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 659.00 GBX

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Date Time Title Posts
18/5/202318:19Videndum plc107
31/3/200923:52Trading Videos10

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Posted at 26/4/2023 15:41 by philanderer
Looks odds-on that VID will be kicked out of the FTSE250 at the next reshuffle so probably a lot of tracker funds selling out now, which will exacerbate the fall even more.
Posted at 21/4/2023 17:01 by essentialinvestor
Hi Phil, may need a new CEO imv.

VID arguably should be booming given their end markets, look at the growth in content creation alone, it's mushroomed. Growth in that market is so large over the last decade it might be difficult to put a % on.

Posted at 20/4/2023 17:45 by essentialinvestor
Share price increased by approx 210% between summer 2016 and late 2021, so a huge % increase.

I would guesstimate what has happened is some disappointment with trading in light of very considerable recent acquisition spend.

Posted at 19/4/2023 18:02 by lindowcross
Odd how it's supposedly dropped in price today just before going xd. Suppose it'll drop more tomorrow too. Anyway I topped up my modest holding today. The price currently seems fair for what I understand is a market leader in its field. Many other good, small UK companies seem to have been marked down in the same way.
Posted at 19/4/2023 09:48 by philanderer
Netflix posted a mixed bag of results for the first quarter of the year. The company’s revenues for the quarter were $8.18bn, slightly less than analysts had forecast. But Netflix added 1.75million subscribers and ended the period with 232.5 million customers.

A year ago, Netflix announced that it had lost subscribers for the first time in a decade, an announcement that sent the company’s share price into a tailspin.

HTTPS://www.theguardian.com/media/2023/apr/18/netflix-to-end-mailing-of-dvds-of-movies-to-subscribers-after-25-years

Posted at 01/3/2023 00:22 by philanderer
Investors Chronicle:

Videndum faces a content creation recession

The video hardware company has seen weaker consumer demand for its products after the pandemic boom

... Videndum’s price is a good entry point. The margin improvement shows how popular its product is and, although we are in a content recession, demand for video will bounce back. Buy.

full article:

HTTPS://www.investorschronicle.co.uk/news/2023/02/28/videndum-faces-a-content-creation-recession/

Posted at 23/2/2023 13:51 by philanderer
Peel Hunt ‘wary’ about Videndum’s full-year results


Peel Hunt may have to rethink its fair value price for photographic equipment supplier Videndum (VID), previously known as Vitec, as it faces trading headwinds.

Analyst Henry Carver retained his ‘buy’ recommendation and target price of £17.20 on the stock, which fell 2.6%, or 26p, to 965p yesterday.

He predicted full-year 2022 results next week would be ‘in line… reflecting a decent year for the group’. However, he was ‘wary on full-year 2023’.

‘Interest rate moves suggest our full-year 2023 interest charge could be too low and we do not know if trading might offset that,’ he said.

He added that ‘confidence might impact valuation’, and although he likes the Videndum ‘story’, he said ‘we are unsure about whether the trading outlook and price increases will offset that headwind or exacerbate it’.

‘Lower confidence in the numbers could mean a rethink on fair value.’


CITYWIRE.COM

Posted at 08/12/2022 08:24 by masurenguy
Videndum, is a global provider of hardware products and software solutions to the content creation market. Its customers include broadcasters, film studios, photographers, independent content creators, gamers and professional musicians. In an increasingly digital world, its portfolio of products – think robotic camera systems, video monitors and transmission systems, live streaming solutions and LED lighting – are being used by a burgeoning customer base.

The company estimates that 30% of its revenue is now exposed to the proliferation of subscription TV providers and 10% to vloggers and influencers creating and sharing video and audio content on social media platforms like TikTok and YouTube. Market growth is also being boosted by technology change driving shorter product replacement cycles. Cameras have moved from HD to 4K, meaning all video transmitters are being replaced.

‘Videndum has the global leading wireless transmission technology, so when you’re on location, the producer and director can see the content streamed wirelessly to a 4K screen,’ says Robin West, Invesco Perpetual UK Smaller Companies Investment Trust. Sustained R&D investment in innovative new technologies – the company’s Flowtech tripod or patented Amimon live streaming technology and LED lighting technology, to name three examples – is key to it retaining and gaining market share. Last year, about half of its revenue came from new products launched in the past three years.
Citywire 8/12/22

No position.

Posted at 12/8/2022 00:37 by philanderer
Investors Chronicle:

Videndum keeps on top of inflation

Content creation market “growing faster than pre-pandemic”


Few can resist a Latin motto, and Videndum (VID) – formerly Vitec Group – is no exception. ‘Videndum’ means ‘that which must be seen’, or ‘a must see’, and is an appropriate name for a company that makes camera supports, video transmission systems, live streaming solutions and smartphone accessories, among other things.

Videndum says it is “right at the heart of the growing content creation market” and its results bear this out. Revenue has risen by almost a quarter to £224mn – 22 per cent higher than pre-pandemic levels. Our appetite for ever more content is expected to keep demand high, coupled with the fact that tech products are being replaced more frequently.

The group raised its prices in 2021 and the first quarter of 2022 to offset the higher cost of raw materials, freight, duty, utilities and labour. This was sensible: adjusted operating expenses were £10.1mn – or 17 per cent – higher this year than last. Videndum has done a good job of protecting its profits, however. Its adjusted operating margin of 13.4 per cent is 1.3 percentage points ahead of last year. Statutory figures are less impressive as a result of acquisition costs.

‘Production solutions’, which makes and distributes technically advanced products for broadcasters and production companies, has the roomiest margins. Growth here is particularly strong, with revenue up 28 per cent year on year.

‘Creative solutions’, which is more focused on independent content creators, has narrower margins, which shrunk further during the period in question. Operating margins of 11 per cent are not to be sniffed at, however, and demand is still strong, with revenue up 21 per cent year on year.

Videndum’s shares have risen by 11 per cent over the past six months and, with a forward PE ratio of 14.3, the group is not cheap. However, it has reported a “record order book” going into the second half and its long-term growth prospects are appealing. Buy.

Last IC View: Buy, 1,250p, 2 Mar 2022


HTTPS://www.investorschronicle.co.uk/news/2022/08/11/videndum-keeps-on-top-of-inflation/

Posted at 07/6/2022 13:48 by philanderer
"Videndum targets revenue and profit progress as content market grows"


Tue, 7th Jun 2022 13:39

(Alliance News) - Videndum PLC on Tuesday outlined plans to grow revenue by over 50% and double its profit by 2025.

The Richmond, west London-based firm on Tuesday said it is "uniquely positioned right at the heart of the growing content creation market". The hardware and software provider for content creation is holding a capital markets day on Tuesday.

Videndum said it has an "ambition" to generate annual revenue of around GBP600 million and adjusted operating profit of over GBP100 million on an organic basis by 2025.

For 2021, back when it was named Vitec Group, it reported an adjusted operating profit of GBP46.2 million, on revenue of GBP394.3 million. Therefore it is working towards more than doubling profit and growing revenue by 52%.

Videndum noted its target market has grown since the emergence of the pandemic. In 2021, its market total addressable market in 2021 was GBP3 billion, up from GBP2 billion pre-pandemic. By 2025, it expects its TAM to be worth GBP4 billion.

Videndum also eyes improving margins through "operational excellence", and drew attention to its "strong M&A track record and clear capital allocation strategy".

"The group has transformed in the last ten years and is now uniquely positioned right at the heart of the growing content creation market. A product-driven business, Videndum's purpose is to help our customers capture and share exceptional content. We have leading, premium brands in a number of niche market segments," the company said.

Videndum shares were 4.4% higher at 1,365.44 pence each in London on Tuesday afternoon.

Videndum share price data is direct from the London Stock Exchange
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