As per above attached research note and below screenshot, I thought it would be good to get some discussion going on KYP's direction for the end of this fin year and for the outlook for next year.
The company reported 15.6m of rev for the first half of the year and in the flash update from the 10th of April, they reported 8.1m for the quarter. That puts them on 23.7m so for for the fin year. To get to the below forcast of 31.5m they will need to do 7.8m for the quarter.
Last fin year, in the March quarter they did $7m in rev. In the June Q they did 7.357m in rev or a 5.1% increase. You would assume this growth rate would be higher for this quarter due to SAAS being a higher proportion of rev, however if you assume this same growth rate for last Q to calc this Q, that puts this Q rev on $8.513m. That would put the total revenue for the year on $32.21m.
Which would put this company on a cum upgrade of current and future years revenue.
Historically the flash update KYP has done has been in the first two weeks of the new fin year.
Other broker research has the below revenue targets for this fin year
Curran & Co - FY 25 rev of $31m - solid upgrade coming
Shaw and Partners research - $31.5m - upgrade coming
Taylor Collison - $31.5m - upgrade coming
Thoughts / other insights?
KYP Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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