Wandisco Share Discussion Threads

[bg23] 24/6/2021 14:02

I posted this before, I think the publication of KPI's will do a lot to make income and turnover a lot more transparent and estimateable. As alluded to will also paint the backdrop for the Nasdaq listing.


CEO interview on Edison.

interesting. worth 10 minutes

hxxps://www.edisongroup.com/edison-tv/wandisco-executive-interview-2/

[charlie9038] 24/6/2021 13:45

Second time in & Sold out again at a loss :((

Just can't get this one.

Moving on.

GLA

[charlie9038] 23/6/2021 17:34

This has gone to pot. Dog of a share. Time to ditch again.

[jackdaw4243] 17/6/2021 16:09

Richards doesn't inspire me with confidence when it comes to running a company, a good front man with a board that should be reigning him in. Paul Walker tried it I think some years ago.

[charlie9038] 14/6/2021 14:42

Something brewing?

[charlie9038] 07/6/2021 15:15

Come on Wandisco!

[bamboo2] 04/6/2021 15:53

I have been waiting over six months to see evidence of the publication of KPI's...

Where are they?

[owenski] 04/6/2021 15:14

I still wouldn't buy it.

Overvalued and underperforming.

[tickboo] 04/6/2021 15:03

Back into the 300s, wow. I cannot believe Richards' package was nearly 10% of revenue. What a disgrace.

[charlie9038] 03/6/2021 16:43

Bought in again too good to miss this opportunity.
GLA

[tickboo] 21/5/2021 12:27

I would also recommend looking at MIRI. www.bbc.co.uk/news/business-56758376.ampwww.marketingdive.com/news/how-pepsico-leverages-startup-expertise-to-keep-pace-with-digital-tech-tren/598507/www.thetimes.co.uk/article/back-to-the-future-advertising-puts-new-products-in-old-shows-cjv2lw6g3www.mirriad.com

[charlie9038] 20/5/2021 10:39

Bg23 interesting video, thankyou

[fuji99] 19/5/2021 17:32

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[tickboo] 18/5/2021 12:50

A record loss, revenue has declined 54% since '17 so giving Richards a $375,000 bonus meaning his package of $910,000 is 8.67% of the $10.5m turnover. Good job by Mr Monaghan who Chair's the Remuneration Committee. Maybe this year Richards' package will be 10% of turnover.

[bg23] 18/5/2021 09:24

CEO interview on Edison.

interesting. worth 10 minutes

hxxps://www.edisongroup.com/edison-tv/wandisco-executive-interview-2/

[charlie9038] 12/5/2021 13:28

Ouch! Seems to have gone

[wessie] 06/5/2021 17:08

Edison:

Software & comp services - Mcap £267m - Price 450p - Update
WANdisco:
All the pieces now in place
With headline figures already disclosed, the key feature of WANdisco’s FY20 results is the outlook. The commentary is largely unchanged from March (see Capital raising and Snowflake partnership). Following the integration of LiveData with leading cloud vendors and the recent signing of major partnership deals, all the pieces are now in place for a big acceleration in growth in FY21. The company reiterated FY21 sales guidance of ‘at least $35m’ and its focus is now on execution. We make no changes to our FY21 estimates (sales of $37m) and introduce an FY22 sales forecast of $60m premised on reaching a run-rate of c $15m in Q421.

[cerrito] 05/5/2021 09:02

I would have been reassured if they had been more explicit about actual trading in the first four months of the year.
I agree with you owenski... If their services are so vital, why are the revenue projections so low?

[owenski] 05/5/2021 08:30

Cloud adoption has been on a high growth path for all the 'majors' for a few years now. Unfortunately, considering WAND tout themselves as some kinda essential component for large date transfer to the cloud, one wonders how essential is their tech, being as everyone seems to be doing just marvelously without it.

The business has kept chopping and changing ever since I've known it, it appears it keeps morphing because the previous incarnations obviously were never that much in demand, plus the cloud/data landscape keeps evolving too, it's as if WAND is playing an eternal catch up game.

These days it appears it's current model is that of a glorified on demand 'app'.

This is loved up by Silicon Valley acolytes, but that don't mean it automatically translates into any form of growth business.

Begging bowl time will no doubt appear again at some point especially with those rising costs.

[tickboo] 05/5/2021 08:25

If they are not listing KPIs as indicated they have clearly had a poor year and I assume they will be introduced once things are looking good. Who knows when that will be. I bought in here far too early in its journey and held for too long as was attached. Glad I sold when I did as have luckily done well elsewhere. I still think it has amazing tech but I cannot believe IIs aren't calling for Richards' head as the old Chairman and CFO did. He's a salesman and has been good at getting raises away but that's it snd I doubt he'd get another away.

[bg23] 05/5/2021 08:22

we all knew last year was a bust, it was all about development and achieving accredited embedded status with the the two main players. it was always 2021 to have a better understanding of revenue possibilities.
company reiterates $35m for the year..... thats the number to watch as '21 progresses

[bamboo2] 05/5/2021 08:18

Re, KPI's. These are mentioned again.

Anyone seen the KPI's?

========================================================

KPIs to map the shift to consumption-based revenue model

Group revenues have historically been typified by subscription contracts in which revenues are recognised up front. With the introduction of metered billing on Azure, WANdisco has begun a shift to a consumption-based model. Consumption is the true SaaS, with customers expecting to purchase on a consumption basis within the cloud ecosystem through metered billing.

To effectively build consumption revenue streams, sales compensation must also be changed to incentivise the activation of customers and the early commitment of customers to build consumption through the year, as opposed to a single point of sale.

A consumption-based model provides greater agility and the ability to scale as required and provides valuable data to evolve our product and offering. Data on how customers are using the product drives interaction with customer success much of which is automated.

This shift to a consumption model, where revenue is recognised over time rather than up-front, will lead to revenues scaling over the year, with revenue recognised further into the sales cycle, metered through use.

As our business continues to evolve, the metrics we use to measure our success also need to change. To aid in mapping pipeline progress against this changing revenue model, we will provide a business update in the short term providing new KPIs (in addition to the existing revenue and subscription as a % of revenue KPIs) including:


-- Number of customer wins
-- Notional MRR (metered plus an estimate of subscription revenue
as MRR)
-- Retention rate (% of customers using the product vs. those using
a year earlier)

The objective of these KPIs is to provide an indication of the rate of conversion of the cloud migration opportunity ahead, to account for revenues being recognised later in the sales cycle and financial year through metered consumption.

[charlie9038] 05/5/2021 07:34

Bought in Jan, sold at loss in Feb, been on my watch list ever since to get back in but with those results I don't think I will bother.
GLA