Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on KALIBRATE TECHNOLOGIES PLC. We currently have 14 research reports from 1 professional analysts.
|12Jan17 01:27||RNS||Holding(s) in Company|
|30Dec16 09:00||RNS||Total Voting Rights|
|21Dec16 09:08||RNS||Holding(s) in Company|
|20Dec16 01:53||RNS||Exercise of Options & Total Voting Rights|
|19Dec16 10:45||RNS||Holding(s) in Company|
|06Dec16 11:05||RNS||Result of AGM|
|09Nov16 03:46||RNS||Notice of AGM and posting of Annual Report|
Frequency of research reports
Research reports on
KALIBRATE TECHNOLOGIES PLC
KALIBRATE TECHNOLOGIES PLC
N+1 Singer - Morning Song 20-09-2016
20 Sep 16
Today’s update is the first major news since completing the Brand Architekts acquisition shortly after the year end, and we take a lot of confidence from it. Firstly, strong profit growth has been achieved in the core business, with a good pipeline and positive momentum carrying into H1. Secondly, early indications from the newly established owned brand business provide underpinning for our analysis of its future profit potential. A positive outlook statement boosts confidence and means scope for further re-rating. We suggest 12 month fair value is around 305p.
N+1 Singer - Kalibrate Technologies - In-line results; investing for growth
20 Sep 16
Kalibrate’s FY’16 revenues were slightly shy of our expectations but adjusted EBITDA was in line. SaaS transition continues, with annualised recurring revenues up 10%, but perpetual deals remain a feature (2 large deals in late Q4). The shape of the pipeline suggests there are some sizeable contracts to close, but the group is encouraged by developments and we make no changes to P&L forecasts. Given its track record and leadership in developed markets, Kalibrate is well-positioned in new markets that are deregulating. In addition, a broadening product set offers substantial cross-selling opportunities. Its medium-term prospects and competitive position remain strong.
FY outlook unchanged by H1 timing delays
15 Mar 16
Kalibrate delivered strong progress against its key metrics around core markets and new geographies, cross-selling, driving SaaS and recurring revenues and expanding product capability. However, the group’s interim performance was impacted by 3 pricing deals that slipped into H2, all of which have now been signed. Its FY outlook is unchanged, as are our forecasts, supported by a healthy pipeline. With more activity in the countries that have recently deregulated, more markets deregulating and a broader offering with Merchandising, we remain enthused as to its prospects and believe it is well positioned to capitalise on the growth opportunity.
Capital Markets Day: Resounding endorsement from a customer at time of significant opportunity
05 Feb 16
We took a lot of positive things from Kalibrate’s Capital Markets day in terms of its market position and global opportunity in its existing Pricing and Planning business and the recently added Merchandising solution. The presentation of a customer (Ricker’s, the leading fuel and convenience brand in Indianapolis) was particularly enlightening in terms of the value Kalibrate’s solutions (Pricing and Planning) have delivered to their company and how excited they are about what the Merchandising product could do for their business (currently a beta customer). Interestingly, he also shared how much low oil prices have boosted their profitability (record year) and how this experience would be shared by other fuel retailers – i.e. Kalibrate’s customers. It is clear that Kalibrate is seen as the unparalleled domain expert in the industry and this is borne by its 100% client retention rate since 2007. With more markets deregulating and a broader offering with merchandising, we believe the future is bright. We believe the Merchandising product has at least the same potential as Kalibrate’s existing Pricing business which has delivered c. $60m of revenues in the last 4 years. With a loyal installed base that have a clear appreciation of what the product can deliver, we believe our optimism is well underpinned.
Extension of BP relationship
23 Nov 15
Kalibrate announced that it has extended its relationship with BP to provide its Strategic Location Solutions which will deliver advanced retail network planning and actionable intelligence to inform BP strategies. Kalibrate has been a long-term supplier of BP’s downstream business and the extension of the relationship is another endorsement of the group’s capabilities. We believe Kalibrate’s proven expertise puts it in a strong position to be the strategy and technology supplier of choice to the fuel and convenience retail industry as increasing number of markets deregulate globally.
Making Mobiles Better
17 Jan 17
Mobile phones are increasingly the key connection for the modern world. This means that the performance of mobile phones, and their networks, is going to become more critical for all the apps and businesses that rely on them. New technologies such as VR, AR, and AV will need better, more reliable connections to really move into the mainstream. In this thematic piece we attempt to identify some of the most important issues facing mobile phone networks and their users, and start to identify solutions and enablers that will solve these problems and create value by doing so.
Panmure Morning Note 18-01-2017
18 Jan 17
Blancco technology, a leading provider of data erasure solutions and mobile device diagnostics, has announced that its underlying profits are ahead of expectations. Organic sales growth remains strong, the group continues to win larger ticket orders and the mobile diagnostics is performing ahead of plan. Consequently, we are raising our FY17 PBT forecast from £8.0m to £8.3m.
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
N+1 Singer - NCC Group - Interims confirm underlying business sound
19 Jan 17
NCC’s interim results were largely flagged in the detailed trading update released in December. Group revenue increased 35% to £125.8 (organic growth +18%) and adj. EBITDA grew 15% to £21.3m. The group’s issues relating to contract losses/deferrals in the period were previously announced and are already included in our forecasts. The group has maintained its interim dividend at 1.5p, which we believe is an indication of the strong underlying business. Separately, NCC has announced that Paul Mitchell intends to step down as chairman in May ’17. We continue to believe that NCC remains a highly attractive asset in an area seeing strong structural growth and see the current share price weakness as an opportunity. We retain our Buy recommendation and 233p target price.
N+1 Singer - dotDigital Group - Trading update
17 Jan 17
dotDigital issued a trading update for the six months ended 31 December 2016, indicating revenue growth up 17% y-o-y to £15.0m with EBITDA in line with market expectations and on track for the full year. Cash has grown to £18.9m. Revenue was slightly light of expectations owing to a slower start in the US but Q2 already showed improvement with a strong pipeline building. Our EBITDA and EPS forecasts are unchanged but revenues trimmed by 4% for both years. There is much activity in broadening avenues of growth in terms of new connectors, partnerships and geographical footprint and we remain positive of its prospects. Interim results will be released on Feb 21.
33% upgrade to January 2017 PBT
09 Jan 17
Redstone has released a trading update stating it ‘expects to report EBITDA at the upper end of market expectations’. This implies EBITDA of £1.8m which is above our current estimate of £1.5m. Accordingly, we are upgrading our PBT forecast for the year ending January 2017 by 33% to £1.2m from £0.9m. We reiterate our buy recommendation with a 2.2p price target implying 69% upside.