Hi everyone,
this is my first post on this board that is helping a lot to increase my investing skills, as it’s my first as an investor. I tried to find an old thread talking on this company but I didn’t find anything (searching through those forums is very complicated).
I bought a position in Bandwidth (ticker: BAND) after the Premium Service recommended it and after looking at the portfolio of Beth.Technology.
I also run an analysis and the company looks good to me:
Q3 GR +40%
Q3 Net retention 131%
Q4 GR forecast +55%
For all the details: https://investors.bandwidth.com/news-releases/news-release-d…
GM/GR is around 50% so less than the most commented Saas here but in line with Twilio, the company with the closest product.
Market cap: 3.5B
PS: 13,7
My main doubt is coming from the usage during the US elections: in the call transcript, they highlighted that a part of the revenues are coming from activities related to US elections (Combined, these two factors added approximately 12% to our third quarter year-over-year CPaaS revenue growth, with 7% coming from political messaging volumes and 5% from COVID-related usage[…] So in terms of political messaging, we continue at the beginning of the fourth quarter to see strong volumes from political messaging).
What do you think about this company?
Thanks,
Davide