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Dropsuite (ASX: DSE) Share Price Rises On Strong Q3 ARR Growth
Both multiple expansion and fundamental business growth have driven Dropsuite share price gains.
Both multiple expansion and fundamental business growth have driven Dropsuite share price gains.
The company had a slightly weaker quarter, but it was just one quarter.
Annual General Meetings don’t usually tell us a lot, but it is still worth keeping track of the impressions they leave.
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The company demonstrated everything I had hoped to see in this set of results, with earnings per share up 15%.
The H1 FY 2024 result was ever so slightly better than I’d feared, but still not good enough to deserve an upgrade, in my view.
Although weak demand has weighed on the FY 2024 result, the long term thesis remains valid.
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Negative media coverage has revealed Steadfast faces scrutiny from the ACCC.
Prophecy International (ASX: PRO) revenue up 17% in FY 2024.
Dropsuite grew revenue more than 30% in H1 FY 2024, but this impressive organic growth came at the expense of the bottom line.
Hub24 (ASX: HUB) continues to gain market share and grow profits, and it has the lofty earnings multiple to match.
The company says FY 2025 will be an improvement.
Steadfast (ASX: SDF) presented record results, but has the share price run too far?
Supply Network management does not talk much but they absolutely walk the walk.
Net profit before tax was up 71% to $10.2 million.