Wandisco Share Discussion Threads

[hazl] 06/9/2017 08:16

It's the political and international mess hanging heavy.
If America don't do something over the next couple of weeks then it's going to be dodgy,in my opinion.

[toyin] 06/9/2017 08:15

runthejoules

No its break even EBITDA but they where forecast net loss for 17 of -$13m so at -$3.8m for 6 months that's a beat for me.

All the best

[runthejoules] 06/9/2017 08:06

I'm not sure rafieh, it didn't exceed my expectations, I'm an amateur, is this breakeven after tax or just EBITDA breakeven? I doubt we'll see 800 today, hope I'm wrong though.

[rafieh] 06/9/2017 07:59

They HAVE smashed it...

[runthejoules] 06/9/2017 07:57

I would suspect a bit of a dip at open given that's what's been happening recently if companies haven't smashed it out of the park, but I think we've had a lot of the dip already. Unsure what to expect. GLA

[hazl] 06/9/2017 07:49

The point for me is that we have something fairly unique,that is clearly bringing in the orders and that will grow in the future.
The outlook is good as long as the general market continues to be good for the tech sector.

[grabster] 06/9/2017 07:46

" .. "The order book and sales pipeline continues to gather pace and our recent new business momentum demonstrates the broad appeal of Fusion across multiple verticals coupled with the excellent traction our products are receiving through our channel partners. Against this backdrop of positive momentum, the board has ongoing confidence for not only the second half of the year but also in our progress towards achieving profitability.."

and the outlook paragraph:

"We are seeing increasingly strong market traction for our products as the global demand for Big Data and Cloud migration unfolds. Our Fusion product sits at the heart of this evolution and when combined with our channel partners such as IBM, Amazon and Microsoft, we continue to see accelerated demand for our services.

In addition, we continue to develop our partner network, to expand our total addressable market and ensure our go-to-market activities for Fusion are fully optimised, and our new business pipeline and orderbook continue to be strong. The board therefore remain confident in the Group's ability to deliver sustained shareholder value."

[hazl] 06/9/2017 07:45

Click on the numeral 1 on the WAND quote page ....then you will get it in the RNS column.
Anyway I think we should be very pleased with that EBITDA
says it in a nutshell.

[croasdalelfc] 06/9/2017 07:43

This is highly valued with future annual profit already priced in i.e.A £9m profit would give EPS of 25p and a current PER of 29 or at 1000p a PER of 40.That seems overvalued BUT It's all about the future. With steady state op ex and good cash flow , future bookings could ramp up to the bottom line very quickly.It's not about now, it's about 1-2 years from now.If your in from a year ago then it's still attractive to stay in long term , but if your new here , the high valuation is off putting. It would have been nice to see booking post period in July and August but I guess that is Summer and a quiet time to conclude new contracts

[douglas fir] 06/9/2017 07:25

[...]

WANdisco achieves maiden positive Adjusted EBITDA



WANdisco (LSE: WAND), the world leader in Active Data Replication™ announces interim unaudited results for the six months ended 30 June 2017.



Financial highlights

· Total bookings1 for the first half of 2017 increased 73% to $10.2 million (H1 2016: $5.9 million)

o Big Data and Cloud bookings1 rose 173% to $7.0 million (H1 2016: $2.6 million)

o Source Code Management ("SCM") bookings1 stable at $3.2 million (H1 2016: $3.3 million)

· Revenue for the period increased 71% to $9.7 million (H1 2016: $5.6 million)

· Cash overheads2 were reduced by $1.4 million to $11.5 million (H1 2016: $12.9 million)

· Adjusted EBITDA3 positive at $0.3 million (H1 2016: $4.5 million loss)

· Statutory loss from operations reduced to $3.8 million (H1 2016: $17.9 million)

· Cash at 30 June 2017 of $9.9 million (31 December 2016: $7.6 million)

· Cash burn reduced to $0.6 million in H1 2017 (H1 2016: $5.3 million)

· Debt of $3.0 million (31 December 2016: $nil)



Operational and strategic highlights

· Increasing WANdisco Fusion ("Fusion") orders across multiple verticals achieved, with significant contract wins in the period including:

o $4.1 million contract with a major financial services multinational

o First contract in retail with a $2.0 million order from a major retailer

o $0.65 million order from a US Healthcare corporation - Fusion's first win in healthcare

· Announced a new bank facility with Silicon Valley Bank, providing both a term debt facility and a revolving credit facility

· Launched WANdisco Fusion 2.10, extending capabilities to Network File System devices which expands the Group's addressable market by more than $1 billion per annum

· Fusion has adopted Oracle's Maximum Availability Architecture, increasing potential to add significant sales momentum to the existing channel partnership

· Strong order book and second half sales pipeline underpinning medium term growth expectations

[runthejoules] 06/9/2017 07:07

Hmm I've not got an email from investegate, there's nothing on RNS list and nothing on the website. Anyone got a link?

[nimbo1] 05/9/2017 16:31

gl for tomorrow morning girls and boys : )

[nmulm] 05/9/2017 15:28

Climbing nicely again today.

[runthejoules] 05/9/2017 14:14

Let's look on the bright side, if they're going to be building a load of ICBMs North Korea will probably need the services of WAND and IQE.

[hazl] 05/9/2017 14:10

Well hope they are as good as we expect tomorrow.
Dow Nasdaq futures don't look good this afternoon.

[melton john] 05/9/2017 14:03

I thought it was expensive at £4. Just saying. :-)

[runthejoules] 05/9/2017 13:56

Yeah, I don't know whether WAND will be an ARM or an IMG so I'm not overexposed to it.

[nimbo1] 05/9/2017 13:51

thanks tickboo I did know that now I think about it as you or someone else has mentioned it here before.

[tickboo] 05/9/2017 13:45

Google have launched a similar offering which offers 99.99% uptime as nothing can do 100% due to the patent. Although that's an impressive uptime figure when moving huge amounts of data it means there will always be some that falls between the lines and many cos don't want to take the risk, especially banks, pharma cos and the like. David Richards will address that in the presentation I believe.

[nimbo1] 05/9/2017 13:42

Im going to buy more FDEV but am going to wait until after the results to do so. If I have to pay more so be it but might also end up paying less. Long term I agree with you.

Sorry for O/T - at least tomorrow we can be discussing plenty of new wand material!

RTJ Good effort on the 123p purchase.

[nimbo1] 05/9/2017 13:40

I think a lot of these technologies can be replicated by any of the big players (google amazon and the like) - the question always is why would they do it? Take robotic process automation or wandisco tech for that matter - they could 'potentially' be replicated (I reckon wandisco tech is fairly unique though) but they are not because at the moment the relative market sizes are tiny. IMO partner sales channels have also created powerful barriers to entry as they are able to leverage many sales teams from multiple multi national organisations at the same time. Oracle, Amazon etc. If any of these areas suddenly look attractive for the large players they would buy the companies imo and then use the existing connections to leverage cross selling etc. my thoughts only.

[panic investor] 05/9/2017 13:35

FDEV could 10 bag from here imho - anyway sorry for off topicPs can be hard to deal like this is today - had to go to market for 9k worth in the end

[runthejoules] 05/9/2017 13:30

Ha ha Nimbo I got 131p and 123p, should have got more but don't like going overweight. I too am in FDEV: left it far too late and am now actually in the red, but not worried long term. I'm hoping WAND get bought out before Google or similar just replicate the tech.

[tickboo] 05/9/2017 13:30

Gone 4 v 1 now so looking good.