Updates

dotDigital

December 2023

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.

DotDigital has reported its full year results, with the first stirrings of a “U” shaped recovery, having rebuilt its North American sales team. Overall sales were up 10% to £69.2m, despite the US only +2%. Profit before tax was £15.4m (FY22: £14.5m) with eps up by 6% to 4.43p. ARPC increased 11% to £1,622 per month (FY22: £1,461). Gross margin of 79.3% in the year reported was marginally lower than FY22 (81.6%) due to a small increase in transactional SMS volumes. FY23 operating expenses were up £4m to £40.4m, reflecting the addition of 54 employees, for an operating margin at 21% (FY22: 23%). Revenue from strategic partners increased 8% to £31.2m. This helped organic international revenue climb 18% to £22.8m. The ...

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DotDigital (April 2024)

DotDigital (October 2023)

DotDigital (June 2023)

DotDigital (April 2023)

dotDigital - Mountain of cash (January 2023)

DotDigital - £40m cash pile by June (April 2022)

DotDigital (August 2021)

Dotdigital - Spreading wings internationally (March 2020)

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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.

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