PPH - PushPay (Church/donor software.)

[Baddarcy]

Pushpay need to give actual revenue numbers by quarter .......not all these made up numbers

At least the didn't use my favourite word 'normalised' !

There is a comment buried in there saying that this new method is standard for measuring fast growing SaaS companies. I'm assuming by this they mean in the US, in which case makes sense if they are targeting a US listing in the next 3 years, they can start building up a case the US buyers can follow.

Still a pain in the butt, especially as the new method seems to produce numbers that are all over the place.

I think overall i am happy with the change, still pondering thou, a new larger target with a nice round number only 3 months delayed seems ok. Not super happy about the cashflow being delayed, but the strategy worked well for Xero in the end,

[winner69]

Yes that gets on my nerves too.

There is a slide in there that says they are/were still on target to deliver the year end breakeven cashflow and $USD72 prioir to the change in targets.

Maybe year end cash flow even but as they spend the new money in growth probably go cash flow negative again.

[winner69]

Wish the share price chart would look like the chart on Page 22 of the Investor Presentation

Any more insights from the briefing?

[Mush]

Private placement targeting $1.50-1.55

[sb9]

Private placement targeting $1.50-1.55

Yes, picked that bit from conf call and also cash flow break even on a monthly basis by end of FY 18.

Might see the sp under pressure in the short term, brace yourself folks...

[Baddarcy]

Maybe year end cash flow even but as they spend the new money in growth probably go cash flow negative again.

Yes agreed.

[winner69]

Suppose a 9%/10% dilution isn't too bad .....in the circumstances

[sb9]

Bit surprised not many questions from pundits/analysts, just the one about placement price.....

[King1212]

Next week ASM will see a good direction..?

[Hoop]

Suppose a 9%/10% dilution isn't too bad .....in the circumstances

I see about 6.5% dilution at $1.50 (where did I go wrong?)
Actually, taking time to reflect on the announcements I've decided I'm not that happy with the expected result...quite a large slowing down in growth these last six months considering they've hiring a lot more staff / upskilled their marketing dept and looking at their market sector pie chart showing they have only scratched the surface of their targeted market...and lack of competitors in their market!!

Disc: holding too many