image

The best stocks to buy since 1993

Latest issue now available

WANdisco

May 2017

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.

  • Epic Code:
  • WAND
  • Price:
  • 467p
WAND has reported its full year results to 31 December, which showed an increase in new sales bookings to US$15.5m from US$9m in 2015. Billed sales were similar at US$11.4m (2015: $11m) but as it switched from direct selling to channel partners, including IBM during Q2, WAND was able to reduce its headcount from 143 to 118 and slash its overheads by a whopping US$11.2m to US$23.4m. This reduced its overall EBITDA loss to US$7.5m.Big Data revenue was US$3.2m. Overall, it added 10 new Big Data customers in H2 16, taking the total to 41 (including two in excess of US$1m, including the IBM-led deal announced in January and a US$1.5m deal with Oracle at a US bank).  A strong year is ahead with bookings for the division +184% year o ...

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

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

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