image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

Frontier Smart Technology

October 2018

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:
  • FST
  • Price:
  • 71p
In my last update, I suggested the shares would bounce post the interims to 30 June and they have, albeit I did not expect them to have retraced as much as they did.Interims showed revenues fell from US$25m to US$17m. Segmentally, DAB, where Frontier has a dominant 80% market position, saw a year-on-year decline because the prior year revenues had benefited from the switch-off of FM in Norway (which boosted H1 17 sales by 10%). This half’s sales decline was greater than this (36% drop to US$14.9m) because distributors were holding excess stock at the start of the period. Segmental EBITDA fell from US$6.4m to US$3m.But the FST story isn’t about DAB but about the new smart, voice-enabled personal assistants (VPAs) a ...

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

Subscribe now

Already a subscriber? Login

Related Articles

Frontier Smart Technology (February 2019)
Frontier Smart Technology (June 2018)
Frontier Smart Technology - New SDK products imminent (April 2018)
Frontier Smart Technologies - New Virtual Personal Assistants will be everywhere this Christmas (December 2017)

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

SUBSCRIBE NOW