IKE - Ike GPS.com

[Rawz]

Revenue up 93% yoy and sp exactly the same yoy

fancy that

[Rawz]

https://us02web.zoom.us/webinar/regi...QJ-pU_l4qWRFdA

link for the call. starts in 5mins

[winner69]

Revenue up 93% yoy and sp exactly the same yoy

fancy that

Must have been extremely overvalued a year ago then …sorry mate, had to say that

[Rawz]

Must have been extremely overvalued a year ago then …sorry mate, had to say that

Se3ms t9:

maybe even overvalued now based on your chart, or certainly top of the bunch at 4.5x revenue

[Cobber]

Q4 revenues $7.5m …only up 23% on pcp

That (quite dramatic) decline in growth rates I didn’t expect hence my FT forecast was well out

Anyway headline numbers for full year look good and should keep punters excited.

So did they make a profit or a loss??

Devil is in the detail.

[Rawz]

so we wont be getting anymore contract win data. hmmm

they said they are happy with analyst's forecasts which is:

FY24 revenue $38m (up 23% on pcp)
FY25 revenue $46m (up 21% on pcp)

based on market screener https://www.marketscreener.com/quote...ITED-20707997/

i dont know of another place to see forecasts.

[Nigelk]

I'm not deterred by the growth being lumpy. It's part due to seasonality and Covid bounce-back and I don't see it as a downward trend.
I'm encouraged by strong overall growth and continued new business wins.

[winner69]

maybe even overvalued now based on your chart, or certainly top of the bunch at 4.5x revenue

They’ve updated that chart

Quartile are now 1.1 / 2,4 / 4.3

So IKE just in top quartile still

Respectable Gross Margin % though

[Rawz]

sheesh you look at the market depth and it looks like a sick puppy. Next time to buy imo is right before Q2 announcement or 1H FY24 in October. Could be 5 months of pain

[winner69]

So did they make a profit or a loss??

Devil is in the detail.

Whether it’s profit or not seems to depend Foreign what exchange rate gains and Movement of fair value assets and liabilities comes in at. These were favourable $5m in first half