Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Q2 results in line with expectations

On track for the second half of 2017

Continued to invest in Actua through stock repurchases – Year-to-date, repurchased close to 2.2 million shares of Actua stock for approximately $30 million – Over the last 12 months, repurchased about 6.8 million shares of Actua stock for approximately $94 million – representing an almost 20% reduction in shares outstanding

http://www.actua.com/wp-content/uploads/2017/08/...s_Slides-FINAL.pdf
 

Provides a multi-channel, multi-carrier software platform that enables insurance distributors to retain and grow revenue through a comprehensive insurance solution

Important metrics:*

Revenue Growth: 14% in Q2 2017 compared to Q2 2016

Bookings: Total bookings of $1.65 million, with ARR bookings of $200,000

Customer Signings: Signed a top 10 carrier for BOLT Premier, launching in September; signed a renewal with Citizens for an additional 5 years (with minimum annual fee of $1.9 million); a top 10 carrier customer continued to rapidly grow usage of the platform (rate of new premiums sold increased 34% in Q2 over Q1); another top 10 carrier added 50 additional seats (bringing its total seat licenses to 550, vs. 350 a year ago) and this carrier is also utilizing the BOLT Platform to enable its direct-to-consumer strategy, with added web and mobile capabilities

Annualized opportunities of qualified risk going through the platform grew to 3.1 million at quarter-end, compared to 3.0 million in Q2 2016

Total premiums on the platform are $1.4 billion

Competitive Moat: Platform is integrated into 100 of the largest insurance carriers and has over 5,900 carrier connections, creating the largest source of insurance flow for direct carriers, agents, agencies and alternative insurance distributors

Operating cash flow positive for Q2 2017

Multi-year/multi-million dollar contracts
* As of 6/30/17 unless otherwise note  

#9276  

14% Umsatzwachstum in Q2 2017 compared to Q2 2016, was zeigt, wie schwer organisches Waxchstum im Insurtech-Bereich ist.

Zufrieden bin auch nicht mit den stagnierenden total premiums on the platform are $1.4 billion, was m.E. zeigt, dass die fee mehr aus anderen Quellen kommen, wie ja auch andere Angaben in #8277 das erkennbar machen.  

Operating cash flow positive for Q2 2017.

Man versenkt also dort kein Geld mehr, was positiv ist. Ich habe das trotzdem nur mit gemischt bewertet, denn mir wäre eigentlich ein negativer operativer Cash Flow, der durch massive Investitionen hervorgerufen wird, lieber. Offensichtlich scheint das Actua aber momentan zu riskant und scheint allgemein zu signalisieren, dass man bei Insurtech einen langen Atem braucht.
 

Enables the delivery of client-centric, innovative, scalable wealth management solutions through secure, cloudbased, fully integrated, advisory products and services

Important Metrics:*

Revenue Growth: 27% in Q2 2017 compared to Q2 2016

Bookings: Approximately $1.6 million of ARR for Q2 2017

Customer Signings: Signed 11 deals in Q2; the majority of these were in the RIA space and are a good proof point of our expanding footprint in that market

Competitive Moat: Comprehensive, client-centric technology platform with integrated proprietary advisory products; continues to broaden the platform and improve the digital experience through the introduction of a rebalancing product and enhancement of the investor portal

$7.5 billion in regulatory assets under management at the end of Q2 2017 compared to $5.3 billion at the end of Q2 2016

Total AUM is over $800 billion, an 18% increase over a year ago • Multi-year/multi-million dollar contracts

*As of 6/30/17 unless otherwise noted

Qielle: siehe #9276
 

mit dem Darling.
Wichtiger scheint für das Management die Selbstbedienung zu sein:

http://www.nasdaq.com/symbol/acta/insider-trades

Unschwer zu erkennen, wie aus dem Hut ständig Aktien abverkauft werden, woher die wohl alle kommen mögen?
 

Revenue Growth von 27% in Q2 2017 compared to Q2 2016 - nur zufriden und nicht aus demn Häuschen, weil eiin Teil, wenn auch der kleinere, nicht organisch bedingt sein dürfte.

Okay sind auch  die $7.5 billion in regulatory assets under management at the end of Q2 2017 compared to $5.3 billion at the end of Q2 2016, aber wieder mit der Einschränkung, dass die Steigerung nicht allein organisch warU.

Und auch okay: Total AUM is over $800 billion, an 18% increase over a year ago, wobei hier allerdings nur sehr niedrige Sätze hängenbleiben.
 

wegen der Stillhalteperiode noch nicht zurückkaufen.  

von dieser Hammeraktie kann man gar nicht genug haben.  

mit anderen extrem überbewerteten Aktien vergleicht.  

Environmental, health and safety compliance platform that enables organizations to meet stringent and costly OSHA requirements

Important Metrics:*

Revenue Growth: 12% in Q2 2017 compared to Q2 2016 with SaaS revenue growing 17% during the quarter

Bookings: New SaaS bookings for the chemical management platform were up 11% over Q2 2016, while new SaaS bookings for EHS (includes all modules but chemical management) were up 26% over the same prior year period

Customer Signings: Added 350 new customers in Q2, bringing the total customer count to ~12,900, up from 12,000 a year ago; closed 97 platform deals (sold more than one module), a record number; signed 175 upsells, representing expanded relationships with existing customers who bought more seats of our core chemical management offering

Competitive Moat: Database of 12 million safety data sheets is a comprehensive web-based library that ensures compliance for companies and continues to expand as new customers come onto the atform

Operating cash flow positive for Q2 2017

* As of 6/30/17 unless otherwise noted

Quelle: siehe #9276
 

Shares used in computation of basic and diluted income (loss) per share nur noch 31,267 Millionen

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...SBS&ID=12221208
 

Actua did not pay any interest during the three and six months ended June 30, 2017 and 2016 .

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...SBS&ID=12221208
 

August 10th, 2017
VelocityEHS Selected Top Solution for EHS Management and MSDS Management at ASSE Safety 2017
Chicago (August 10, 2017) — VelocityEHS, the global leader in cloud environment, health, safety (EHS) and sustainability software, was recognized for its excellence by occupational health & safety professionals attending the American Society of Safety Engineers’ (ASSE) Safety 2017 conference. The VelocityEHS environmental management product won for best EHS Management Software and the company’s MSDSonline SDS/Chemical Management app was named best MSDS Management product in the show’s prestigious Attendee Choice Awards.

http://www.actua.com/...-management-msds-management-asse-safety-2017/
 

und dem aus meiner Sicht niedrigen Preis Actua mit Rückkäufen gestern mit einer ordentlichen Stückzahl zum Zuge kam.

    Volume   314,608§
Avg. Volume 141,982

https://finance.yahoo.com/quote/ACTA?p=ACTA
 

drauf hin, dass man schnell aus der Quiet Period herauswollte, um wieder Rückkäufe zu den momentanen Kursen tätigen zu können. Natrlich darf man es auch nicht übertreiben, um sich die rückkaufkurse nach oben zu treiben.

FILING DATE FILING DESCRIPTION DOWNLOAD
09 Aug 17 10-Q
Quarterly Report          
09 Aug 17 8-K
Current report filing          

http://www.actua.com/investors/sec-filings/
 

https://seekingalpha.com/article/...-results-earnings-call-transcript  

Now as reflected on Slide 7, FolioDynamix had a very good quarter, with Q2 revenues increasing almost 27% compared to Q2 2016. ARR bookings for the quarter were approximately $1.6 million. Folio signed 11 deals in Q2, 21 year-to-date. The majority of deals signed in Q2 were in the RIA space, which is a good proof point of our expanding footprint in that part of the market. We attribute this momentum to the capabilities we gained through the SaaS acquisition, which we completed roughly 9 months ago.

Now Folio's pipeline of new deals is the strongest we have seen since we acquired the company. We're seeing a great deal of activity with larger firms now that they have moved beyond DOL and expect several to close this year. The company was EBITDA positive and ahead of expectations on the bottom line. And finally, regulatory assets under management at the end of Q2 were $7.5 billion compared to $5.3 billion at the end of Q2 2016. And total AUM, or assets under management, is now over $800 billion on the platform, an 18% increase over a year ago. And the number of accounts on the platform has increased by 14% over that same time frame.

https://finance.yahoo.com/news/...-earnings-conference-173233527.html
 

Finally, Velocity continues to see strong build in the pipeline across all its products and expect this to translate in increased bookings in Q3 and Q4 and accelerate the revenue growth as we enter 2018.  

erneut Rückkäufe möglich waren.

    Volume   184,307§
Avg. Volume 144,668

https://finance.yahoo.com/quote/ACTA?p=ACTA
 

And cash flow from operations was a source of $100,000 in the quarter, an improvement of 2.8 million from the 2016 quarter. We are very encouraged by the significant improvements we are reporting on the bottom line metrics. In particular on the adjusted EBITDA line where we reported positive adjusted EBITDA for the first time.

Focusing on quarterly metrics, gross margin of 75% is up from 73% in the 2016 quarter.

Quelle: siehe #9293  

gegenüber 35,834 Millionen zum gleichen Zeitpunkt im Vorjahr.

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...SBS&ID=12221208

Wir bezeichnen diese Position als Passive Rechnungsabgrenzung - dahinter verbergen sich schon eingegangene Zahlungen, die aber noch nicht als Ertrag gebucht wurden. Ob diese Leistungen tatsächlich noch zu erbringen sind oder ob sie aus abrechnungstechnischen Gründen noch nicht  gebucht wurden, lässt sich nur schwer sagen.
 

Our focus on serving vertical markets, each of which has customers with similar needs and challenges, allows for narrowly-focused and rapid technology development, which results in technology that is often better suited than a horizontal solution to address customer needs and challenges. In addition, our proprietary, scalable and secure multi-tenant architecture enables us to have relatively lower research and development expenses than traditional software companies. Based in large part on those advantages, we have invested, and will continue to invest in research and development at each of our businesses to continue to develop differentiated, vertically-focused cloud-based offerings, which are highlighted by:

- approximately 3,000 commercial and personal property and casualty insurance products from approximately 100 carriers that Bolt is able to offer through its platform;
                    §
- the broad reach of FolioDynamix’s wealth management platform, which serviced approximately $777.3 billion of assets under management ("AUM") as of June 30, 2017 , and its complementary investment advisory services, which encompassed approximately $26.2 billion of AUM (of which $7.5 billion are Regulatory AUM) as of June 30, 2017 ; and
                    §
- VelocityEHS’ industry-leading proprietary database, which contains over 12 million safety data sheets.


Another key component of our business strategy, in addition to our multi-vertical domain expertise and effective and efficient research and development, is the leverage inherent in the recurring revenue generated by our cloud-based software delivery model. In part because our customers are required to make periodic payments to continue receiving access to our cloud-based offerings, we have established long-term relationships with our customers, many of which are governed by multi-year contracts that have historically high renewal rates.  The consistent revenue stream provided by our recurring revenue model, coupled with our relatively high gross margins, allow us to drive revenue growth more consistently over time through investment in lead generation, sales and marketing. In order to ensure that we are effectively leveraging our cloud-based model, we closely monitor and manage the revenue growth rates, along with the gross margins, number of customers and a variety of customer retention and sales efficiency metrics, at each of our businesses. Through the second quarter of 2017 :
                    §
- Bolt's revenue grew approximately 18% from the corresponding six -month prior year period. During the six months ended June 30, 2017 , Bolt served approximately 2,100 independent commercial and personal property and casualty insurance agent customers, a number of large commercial and personal property and casualty insurance carrier-agency customers, seven customers who are non-traditional sellers of commercial and personal property and casualty insurance products and one state commercial and personal property and casualty insurance exchange customer;
                    §
- FolioDynamix’s revenue grew approximately 25% from the corresponding six -month prior year period. During the six months ended June 30, 2017 , FolioDynamix served approximately 130 direct financial services organizations, such as brokerage firms, banks (trust and retail), large registered investment advisors ("RIAs") and RIA networks and other fee-based managed account providers; and
                    §
- VelocityEHS’ revenue grew approximately 14% from the corresponding six -month prior year period. During the six months ended June 30, 2017 , VelocityEHS served around 12,800 customers; approximately 75% are platform customers, consisting of large and mid-market North American businesses in a wide variety of industries.

http://icge.ir.edgar-online.com/...p;filename=ACTUA_CORP_10Q_20170809
 

During the three and six months ended June 30, 2017 , Actua received distributions in cash and stock related to its partnership investment in Anthem Venture Partners ("Anthem"), a cost method business that resulted in total proceeds of $2.7 million and $3.7 million , respectively. Actua had no remaining basis in Anthem; therefore, a gain was recognized in those amounts for the respective periods.

http://icge.ir.edgar-online.com/...p;filename=ACTUA_CORP_10Q_20170809