6 Quarterly Reports You Won’t Read About Elsewhere
Five prospective opportunities and one potentially dangerous trap.
Ansarada Group Ltd (ASX:AND) is a cloud-based virtual data room provider, offering secure document management and collaboration solutions for due diligence and other transactions. The Ansarada business model involves providing clients with a secure and centralised platform for sharing and managing sensitive information, such as financial reports and legal contracts, during mergers and acquisitions (M&A), initial public offerings (IPOs), and other transactions. Ansarada’s clients include corporations, investment banks, private equity firms, and law firms. Ansarada (ASX: AND) generates revenue by charging fees for access to its virtual data rooms and offering additional services such as document management and technical support.
Five prospective opportunities and one potentially dangerous trap.
Ansarada (ASX: AND) is a genuine software business, but the challenge is that demand is potentially quite cyclical.
Ansarada is growing cash receipts, while Control Bionics is only growing expenditures…
Ansarada shares continue to trade on around 4x revenue, which is very low compared to other ASX listed software stocks.
Yesterday, I appeared on Ausbiz’s the Call to discuss a range of stocks with Adam Dawes and Nadine Blaney. Of particular interest may be our discussions of Ansarada (ASX: AND) and Eroad (ASX:ERD). The discussion of Eroad starts at 2 minutes and 40 seconds, in the video below, while the discussion of Ansarada starts at … Continued
A somewhat bizarre SaaS company you may not have heard of.