I am not sure if you guys have heard of this tiny company Upland yet, it has a 1.16B Market Cap.
SAAS company for Cloud Based enterprise work management software.
From Their Website:
Upland’s enterprise work management cloud software enables every team in your organization to do their best work.
Whether it’s team collaboration, managing projects and costs, automating workflows or engaging prospects and customers, our enterprise work management cloud solutions address specific work needs and deliver powerful results. And because our products are cloud-based and architected for performance, scalability, and security, we keep your people connected and current—anytime, anywhere and from any device.
The stock has already appreciated this year about 75% but as I said the Market Cap is still small at 1.16B
Revenue Growth :
Revenue 48.49M 53.39%
Revenue 45.18M 62.24%
Revenue 37.14M 42.47%
Revenue 35.95M 54.4%
Total Yearly Rev at 166.80M
Gross Margin’s are at 68.38%
From Q1 2019:
Subscription and support revenue was $45.0 million, an increase of 62% from $27.7 million in the first quarter of 2018.
GAAP net loss was $7.8 million, or a loss of $0.38 cents per share, compared to a GAAP net loss of $3.2 million, or a loss of $0.16 cents per share, in the first quarter of 2018.
Cash on hand as of the end of the first quarter was $14.0 million.
“We have now met or exceeded guidance in each of the 19 quarters we’ve reported since going public”
During Q1 they “announced the strategic and accretive acquisition of PostUp, which strengthens our CXM Solution Suite and takes us to an annualized revenue run-rate of $205 million. Our acquisition pipeline is strong, and we continue to actively pursue opportunities in the market.”
Expanded 231 existing customer relationships, including 24 major expansions, and added 161 new customer relationships, including 28 major accounts.
For the full year ending December 31, 2019, Upland expects reported total revenue to be between $202.4 and $206.4 million
Im not sure where to find Dollar based net retention rate, in the Q1 report all I could find is this:
“Upland defines annual net dollar retention rate (NDRR) as of December 31 as the aggregate annualized recurring revenue value at December 31 from those customers that were also customers as of December 31 of the prior fiscal year, divided by the aggregate annualized recurring revenue value from all customers as of December 31 of the prior fiscal year.”
Insitutional Ownership 66.44%
The company is pretty heavily leveraged Dept/Capital is 74.86%
Company is still small and growing off a small base, Revenue growth is above 50% and lumpy, not accelerating or decelerating currently, we will know more on the next quarterly report.
This is my first company write up so I hopefully provided enough information for you all to consider this company and possibly dig in deeper if anyone wishes.
I decided to take a small starter position, just 1% to see what I want to do from there.