Updates

Kape - Existing users to deliver US$18m of revenue

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.

Having divested its legacy media business, Kape’s interims demonstrate strong momentum in the continuing activity of consumer cybersecurity SaaS. Revenue from Apps Distribution rose by US$3m to US$24.1m, up 14% on the year whilst adjusted EBITDA grew by 178% to US$4.3m. Accordingly, Apps Distribution EBITDA margin rose to 15.3% (H1 17: 9.7%).CyberGhost (the VPN product) was already sold 100% on a SaaS basis, while Reimage (device repair and performance improvement) has transitioned to a subscription rather than a one off sale. The number of users on a subscription is stated as being up by 116% since December to 561,000 users whilst the retention rate advanced to 74% (prior H1: 69%), providing strong validation of Kape&r ...

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EMIS - Meeting notes

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Kape (May 2020)

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Kape - LTV balloons 260% to US$99m (February 2020)

Kape - 70% eps accretive deal (December 2019)

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Kape (July 2019)

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

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

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