Updates

Kape - LTV balloons 260% to US$99m

February 2020

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.

Ahead of full year results on 17 March, Kape has issued a good update on the organic growth it had seen prior to the transformational acquisition of Private Internet. As it was, sales advanced by 26% to US$66.0m and it delivered adjusted EBITDA growth of 40% to US$14.5m, which was slightly ahead of expectations. EBITDA margins rose to 22% from 20%.Kape’s user base in the privacy vertical grew by 76% to 650,000 users and the PIA acquisition immediately prior to the year end means Kape’s SaaS user base advanced by 135% from 1m to 2.35m users - so >1.8m VPN users now, which is high quality income. The number is only in the foothills of what is possible for consumer IT security products - for instance, Avast has a whoppi ...

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Kape - Sagi raises original bid price (May 2023)

Kape - Unikmind makes 285p cash offer (March 2023)

Kape - To unveil Websitebuilder at forthcoming capital markets day (October 2022)

Kape (July 2022)

Kape (May 2022)

Kape - Sales substantially over forecasts (February 2022)

Kape (October 2021)

Kape (August 2021)

Kape - +68% upgrade to eps forecasts (April 2021)

Kape (February 2021)

Kape - Another PIA sized VPN lump likely to be acquired in H1 (December 2020)

Kape (October 2020)

Kape (May 2020)

Kape (April 2020)

Kape - 70% eps accretive deal (December 2019)

Kape - 1.02m SaaS users (+83%) (October 2019)

Kape - H1 Ebitda +40% (September 2019)

Kape (July 2019)

Kape - Adds 117k cyber security customers in first four months (June 2019)

Kape - Technologies Sales to grow 48% this year (April 2019)

Kape (February 2019)

Kape - Acquisitions bed in well (January 2019)

Kape - Another acquisition (November 2018)

Kape - Existing users to deliver US$18m of revenue (October 2018)

Kape - Buys Integro for US$16m (August 2018)

Kape Technologies - Strong FY17 begets strong FY18 (April 2018)

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