Nuix Neo is struggling to gain substantial uptake despite huge spends on XLR8 and marketing. Not many announcements being made of new customers taking up Nuix Neo, so they must be trying to upsell to existing customers. Well, best of luck with that! Spend must have gone up with not much in return. This is a BIG Red Flag for the product's future.
Class Action has moved ahead this month so there must be substantial legal fees copped this Quarter/HY. The CEO is smart to exclude the legal costs from his revenue projections.
ASIC case outcome which is highly due now, might bore a multi-million dollar hole in Nuix's balance sheet, forcing Nuix to fall back on the line of credit.
Trump as US president will penalise foreign companies operating in US esp. Australian, thanks to loud-mouth Rudd. Nuix's major revenue stream is from US govt and US companies. Additional tariffs is going to weigh heavily on Nuix's bottom-line. The CEO expects lower growth this year already, but expects higher growth in the 2nd half of the FY?? Wait for Trump to take office in Jan!
Nuix's FedRAMP ambitions to entrench in US Govt. seem DEAD. It has done nothing since the past 3 years, there has been no update whatsoever; and with Trump is office now, unlikely it will do anything.
The SP has moved way ahead of itself just from AI headwinds and on the basis of a small positive NPAT which can easily turn RED anytime. 200% rise sounds juicy but it's not much as it simply went from -4m to +4m.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)