RE:RE:RE:RE:RE:bln Just listened to it "diagonally" while working in the background.
As always, the interesting part is the Q&A since we can look at the financials/numbers directly more efficiently.
10-15% price increase in product/service - remains to be seen if it'll be detrimental or if it will go through easily. The answer there was pretty broad and non-specific.
Interesting to hear that existing customers tend to increase the level of service upon renewal - says good things about the products and service as a whole.
Seems next quarter might be a little "dull" ...so someone contemplating getting shares might spread the acquisition in case there is another break in price - though current levels seem attractive if you look at the micro story vs the broader market correction.
Additional financing rounds before profitability seems very possible as no one pushed them aside clearly - gotta read between the lines there ...though profitability appears to be near - and much waited for!
Europe seems to be buying in big contracts inasmuch as little ones, which can greatly impact the numbers one way or the other ...maybe last quarter was on the positive side on that front!?
All-in-all, I wouldn't have much else to say after listening to it other than the story remains interesting and the current prices seem attractive for a company that could make the turn to profitability in the next 12 months after spending years spending/developing a very competitive line of products and services. Once they reach profitability, given the business model, I wouldn't expect too many setbacks from that point onward ...which should help the share price.
I would have perhaps liked to hear about competition in the connected world ...since they were the first ones, I always assumed there wasn't much competition for the longest of time, but at this point, surely they might have some competition brewing up in this segment. This will also make them a prime acquisition target for a big corporation down the line ...better to buy the little guy at a decent price than have to jump through all the hoops and all the money necessary to develop such a product line to enter the connected world! ...aka, BW Technology story!....
I think there are many good things on the horizon, but patience continues to remain a virtue.
Re. pre-market price spread, we've seen this many times over time ...I think some people leave orders that are advantageous either way ...but things tighten up as the open nears each morning. The good thing would be mroe the size of the bid/ask ...numbers have definitely been increasing there ...so has average volume ...i.e. company is getting more people looking at it all the time!