@ stocking - g'day!!
Hope you are "hanging in there" during these pretty horrible times for most micro caps.
The downtrends in most micro caps seem to have gone on forever this time.
I thought this BMT update was very solid today - with organic growth continuing to run at around 25%.
And the Abbott & Lean partnerships / agreements seem to be really gaining momentum - which will underpin BMT hitting that $60m revenue target by the end of 2026.
I particularly liked this statement (see in bold below):
Outlook Re-affirmed with Strong Operating Momentum across all Four Segments
Overall, Beamtree continues to deliver solid revenue growth with organic growth of +23% in Q1 whilst carefully managing its cost base. The Company remains on track to deliver an operating profit in FY24.
How did you get your "10% increase in ARR over the q" figure?
From my calculations, they increased ARR from $22.8m to $23.8m in this quarter - an increase of $1.0m or around 4.4% ?
But not sure if I have got this wrong somehow?
Either way, this business is definitely on the right track IMO.
@ stocking - g'day!! Hope you are "hanging in there" during...
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Last
23.0¢ |
Change
0.005(2.22%) |
Mkt cap ! $66.13M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.5¢ | 22.5¢ | $176.1K | 765.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 77600 | 1 |
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| Last trade - 15.17pm 10/05/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
0.005 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.5¢ | 22.5¢ | 90849 | ||
| Last updated 15.17pm 10/05/2024 ? | |||||
| BMT (ASX) Chart |