yep and posters above say they havent delivered customers well they did add Pita Pit and now $14m new customers... to increase revenue to $43m. This is all about the growth though and if they can land good quality logos.
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yep and posters above say they havent delivered customers well they did add Pita Pit and now $14m new customers... to increase revenue to $43m. This is all about the growth though and if they can land good quality logos.
I listened to the investors conference today.... some points noted;
- They claim back office efficiencies will create savings, but are going to keep the two systems seperate for now
- PLX's contract renewal with McD still ongoing, not signed, but PLX optimistic.
- PLX still excluded from McD USA and see's this as ongoing.
- Task, more bullish on new contracts and mentioned the potential to double USA contract revenue
- Task has better customer mix than PLX with no one customer accounting for more than 5% revenue
In short Task more bullish than PX1.
I'm going to continue to watch from the sideline. GLH.
Looks like the sons have taken over from the parents so should be reasonably fresh. Both have decent equity in new entity so some motivation. I would hope there is more than financial goals however maybe some crusade to understand customer behaviours for a better world..
Love headlines like this
.
Plexure shares jump 10% on merger deal
Some gold nuggets in the conference call. Possible catalysts;
1)Sole ASX listing
2)Task currently working on two deals in USA to double FY21 revenue
3)Re rate - SaaS - OLO currently valued at LTM 38x revenue on the NASDAQ
Accumulating
I guess always a bit dangerous to pay too much on revenue, unless the growth rates are really flash and breakeven looks at least close. With PX1 - I guess the revenue CAGR so far does not look bad (50%), even if they need to buy some of it - it is just the earnings growth which looks a bit sick :scared:; On the other hand - to be fair - they are somewhat reducing the annual loss per share, even if this is by adding more shares :p; Clever bunch.
But hey - details - I recon some investors prefer big revenue growth over positive earnings ... Big is beautiful, making money is so yesterday and who cares about earnings growth anyway?