IKE - Ike GPS.com

[Cobber]

I know I am a lot more positive about the company since they have stopped burning cash.
Growing the company from retained earnings rather than coming back to shareholders for more capital,will see the market rerate IKE.
As you pointed out "scaling without significant increase in cost base" is extremely positive.
IKE's share price is already up 13.3% on today's announcement.

What's even better is that they are slowly becoming the new industry standard for managing pole data.

[percy]

What's even better is that they are slowly becoming the new industry standard for managing pole data.

And that is the most important "game changer" we are all looking forward to.
Clients will then change from being "sticky" to "super glued"....lol

[sb9]

Some stupendous metrics in there, can’t believe it’s trading under the buck mark.

[Co0p_New]

Super stoked I bought in last week.

Some great momentum with platform transaction revenue and hardware (surely a leading indicator) increasing 41% and 133% respectively over Q322.

[petty]

Neutral cash burn through Q4 and expect to recognise revenue of $15-17m in FY23 from contracts already signed vs FY22 revenue of $16m - not a bad base to grow from through the year

Are we starting to reach critical mass?

Keen to have a crack at a F23 revenue estimate? 22m? I wonder what forward multiples a 22m result would have it at? I'll need to update the spreadsheet later

[Co0p_New]

Just watched Glenn's presentation at the NWR Conference. Worth a watch.

https://us02web.zoom.us/webinar/register/WN_NUz_SnwcREOH0QVFfh2w7Q

[sb9]

Just watched Glenn's presentation at the NWR Conference. Worth a watch.
https://us02web.zoom.us/webinar/register/WN_NUz_SnwcREOH0QVFfh2w7Q

Thanks for the link.

Highly recommended to watch the financial slides and Q&A at the end.

Interesting Glenn comments that they do not want to be a high cash burn company anymore, rather have a healthy balance sheet and grow on the back of strong customer base.

[Co0p_New]

Thanks for the link.

Highly recommended to watch the financial slides and Q&A at the end.

Interesting Glenn comments that they do not want to be a high cash burn company anymore, rather have a healthy balance sheet and grow on the back of strong customer base.

No worries.

Yeah it was. Couple of other valuable nuggets in there too.

[sb9]

Big crossing over on ASX this morning...

70

1,200,000

11:04

SP

[Brain]

Ike continues to be unloved. I am currently underwater (snorkel not scuba). Ike seems to me to show so much promise and if I was not overweight in them I would buy more at these prices. Cash in the bank low market cap growing revenue.

Theres not much that I don’t like about Ike.

I do like Ike.

Ike is what I like.

Sorry about that - channeling Dr Seuss