Updates

First Derivatives - Big Data firm goes into orbit

December 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

£10 - what took you so long? First Derivatives soared after its interims to 31 August. Sales were up 25% to £34.4m. Pretax profit was held back by a £0.9m step change in sales and marketing spend plus costs associated with new overseas offices - coming in at £3m versus £3.5m - but the benefits will be felt in H2 with brokers expecting H2 to be some 50% ahead of H1. Software and transactional revenues went up 46% to £11m and the outlook for its software, which addresses "Big Data" challenges, has never been better. There was an eye-catching 16% jump in transactional and recurring revenue to £4m comprising income from its foreign exchange trading platform Delta Flow FX (helped by new customer wins taking the userbase to 20 banks) an ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Eros

Conviviality Retail

First Derivatives (February 2018)

First Derivatives (December 2017)

First Derivatives (December 2016)

First Derivatives - Shares go over £20; gain 702% (June 2016)

First Derivatives - Shares go to a new high (May 2016)

First Derivatives - Becoming a Big Data specialist (December 2015)

First Derivatives (November 2015)

First Derivatives - Software run rate of £37m-£39m (July 2015)

First Derivatives (May 2015)

First Derivatives (March 2015)

First Derivatives (December 2014)

First Derivatives - Acquires Kdb+ database (November 2014)

First Derivatives (June 2014)

First Derivatives - Collaboration agreement with Pivotal (May 2014)

First Derivatives (July 2013)

First Derivatives - Beneficiary of Big Data phenomenon in financial markets (February 2013)

First Derivatives (December 2012)

First Derivatives (October 2012)

First Derivatives - Software side sales up 40% (November 2011)

First Derivatives - Foreign exchange trades surge through Delta eFX platform (June 2011)

First Derivatives (November 2010)

First Derivatives (September 2010)

First Derivatives - Eps forecast at 38.3p, 45.4p, 57.3p (June 2010)

First Derivatives - Launches FX retail product into Japan (May 2010)

First Derivatives - Cognotec could provide huge boost (March 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X