DSE 1.75% $2.90 dropsuite limited

Ann: September 2021 Quarterly Activities Report and Appendix 4C, page-6

  1. 1,041 Posts.
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    Achieving cashflow breakeven with organic growth exclusively to date.
    They are targetting EBITDA breakeven within the next 2 months. The honesty of management is a big reason I invested heavily in this company as they do not sensationalise anything.

    Dropsuite is looking very safe with their castle built on ARR with over 60% margins and walls that continue to grow at over 80% y on y of ARR. EBITDA/cashflow breakeven on ARR - what's not to love.

    Been a great hold over the past 1.5 years and everything signals this trajectory will continue or increase over the next quarters. I personally have no reason to sell but might consider some profits at $1bn MC Mimecast here we come.

    Surely we are getting close to entering an index, perhaps the tech one?
    Last edited by JAar: 20/10/21
 
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