STTCOMP AMS FA TA Long
MC $372m
Cash 25m
SOI 220,610,141
last traded at $1.69
* $ 78m revenue FY21, > 70% growth
* Market Cap of $300m plus
* Niche market and product
* Founder based
* Melbourne success story
Atomos was one of the first companies in the world to be awarded a license to natively record in Apple's now
ubiquitous ProRes video format, and Ninja 1 was the first implementation of ProRes in a recording device.
Significantly, Apple's ProRes RAW on an Atomos device links the capture of content to most of the World's best editing platforms, such as Apple Final Cut Pro X, Adobe Premiere and Grass Valley Edius.
This creates a high-quality content creation ecosystem for the creator, where they are able to
use the camera and editing platform of their choice.
World-leading products, IP, platform and partnerships (almost monopoly with some products) • Has proven itself capable of marketing its products and services in all major markets.
• Has a strong moat making it very difficult for potential future competitors
• Is growing into major new markets such as Entertainment, gaming, streaming etc • Has a strong pipeline of new software and products coming over the next year or two (new products usually have a higher margin) • Markets growing at very high rates (e.g.Pro Video at 70% pa)
• Has a strong prospect of achieving over 15% ROE within 2 years (if this does happen, it will appeal to many more institutional investors)
• Has a very strong balance sheet and, with existing cash of $ 26M ($ 10M cash was generated in FY21) to fund its R&D and investments without diluting shareholders.
TA chart
Nice side ways movement for the last month & half threatening to breakout, had nice jump in volume friday macd just turning green ,money flow looks okay.
Probably get some resistance around the 1.80 region from previous highs in Aug 2019.
