Updates

Statpro

September 2019

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.

I most recently made Statpro a main Buy in the Sept ‘18 issue. At the time I pointed to two key areas of growth. The first was the move from legacy portfolio analysis and asset pricing products for fund managers to the cloud based version known as Revolution, which is priced on a per-portfolio basis. The second was the switch off of an antiquated product, Delta, once its functionality had been replicated inside Revolution, which would in total end up saving £2.5m in costs. It’s pleasing to see progress made on both fronts in the latest H1. Overall sales were up 4% to £28.25m. Annualised recurring revenue grew 8% to £56.5m arising solely from the Revolution platform, which grew 23% to £17.6m ...

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Xpediator

Staffline

Statpro - 230p cash bid: gain in 12 months is 62% (October 2019)

StatPro - Changes sales model to per-portfolio basis (September 2018)

Statpro - New technology having a pincer effect on profits (April 2013)

Statpro (April 2012)

Statpro (February 2011)

Statpro (September 2010)

Statpro (August 2010)

Statpro (June 2010)

Statpro (April 2010)

Statpro - High element of sales from application rental/SAAS (February 2010)

Statpro - Software rental of Â£10m (July 2006)

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