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Some analyst updates following the full year results. Data from...

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    Some analyst updates following the full year results. Data from Simply Wall St was updated Aug 27 (Wilsons) and Sept 6 (Citi).

    Revenue is forecast to grow 22% over the next year. Fairly conservative in my opinion. Earnings are forecast to grow significantly (over 80% in the next year). As expected, given almost half their losses were one-off legal expenses in FY21 and their (almost) CF+ position.

    Interestingly no one seems to have provided cash flow forecasts (or it's not shared to Simply Wall St). The lumpy/seasonal nature of cash receipts makes it hard to predict. But if receipts continue to grow in line with ARR (assuming no more temporary discounts due to covid, large R&D expenses or significant restructuring costs), then they should reach free cash flow sometime in the next couple of quarters.

    Evans & Partners and Blue Oceans Equity are also following the stock. If anyone has any analyst data they can share, I'm sure it'd be much appreciated by all.

    https://hotcopper.com.au/data/attachments/3566/3566966-965ea6f106a5f59450823e2793b0f1ac.jpg
    https://hotcopper.com.au/data/attachments/3566/3566939-f5cfed5c79b8d9df825cd5e1c5ca463f.jpg
    https://hotcopper.com.au/data/attachments/3566/3566943-a0c9adbd8ad3d058ba6b0d67926d523b.jpg

    https://hotcopper.com.au/data/attachments/3566/3566916-981c6197228180a7587b7985b85f51ec.jpg


 
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