BMT 4.26% 22.5¢ beamtree holdings limited

Ann: 1H FY24 Investor Webinar Record, page-5

  1. 134 Posts.
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    It will be great to have a forced seller off the register.
    The positives are that we have another insto on the register, in addition to Perennial and operationally, I couldn't fault the result - they are delivering on their promises, exercising very good financial discipline, investing (sensibly) to drive sales, actually delivering those sales, focusing their efforts on key markets, sharing investment costs with two key partners in Abbott and Lean, and seeing virtually no customer churn.
    All KPI's are moving in the right direction, with supportive industry tailwinds and pricing power (recent price increase put through in coding without any negative customer impact). Management have delivered this half and guiding to a H2-24 which will be at least $1m in operating profit (having lost $0.5m in H1-24), given their assertions that the FY24 result will be operating profit positive.
    Once the stock overhang clears, the share price should recover..all IMHO, of course! DYOR as always.
 
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