Wow - nice big numbers - sure to impress the Mid Western Yahoos.
1) After ten years in the market TXTR is still well under $100m in revenue.
2) Microsoft, HP, IBM, SAP & Oracle combined revenue (including Hardware) is only $350B, 2013. #$%$ that's after 30 years and they addressed every living thing on the planet - #$%$ it's only $350B.
3) Other 2013 data from the companies in #2 - Average PE - 15 and Average PS - 4, Average
4) TXTR data - PS 13, PE 2015! more than 200 !! This thing should be worth no more than $10 - the rate it's burning cash with no end in sight and more dilution on the horizon IMO.
5) We are the only this and that and this and that and we are the leaders in this $1.3T market and we are going to own it. We have the fullest solution - but nobody's going to pay much for it - we'll make it up else where - may we can sell eyeballs, ads and stuff. BUT PLEASE READ THE DISCLAIMER THAT WE HAVE PRINTED IN CAPS INSTEAD OF THE USUAL SMALL BURIED PRINT - BUYER BEWARE!
THESE FORWARD-LOOKING STATEMENTS GENERALLY CAN BE IDENTIFIED BY PHRASES SUCH AS SLWF OR ITS MANAGEMENT "BELIEVES," "EXPECTS," "ANTICIPATES," "FORESEES," "FORECASTS," "ESTIMATES" OR OTHER WORDS OR PHRASES OF SIMILAR IMPORT. SIMILARLY, SUCH STATEMENTS IN THIS RELEASE THAT DESCRIBE THE COMPANY'S BUSINESS STRATEGY, OUTLOOK, OBJECTIVES, PLANS, INTENTIONS, OR GOALS ALSO ARE FORWARD-LOOKING STATEMENTS. ALL SUCH FORWARD-LOOKING STATEMENTS ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN FORWARD-LOOKING STATEMENTS. THESE RISKS AND UNCERTAINTIES INCLUDE, AMONG OTHER THINGS, PRODUCT PRICE VOLATILITY, PRODUCT DEMAND, MARKET COMPETITION, AND RISK INHERENT IN THE OPERATIONS OF A COMPANY. WE ASSUME NO OBLIGATION TO UPDATE ANY WRITTEN OR ORAL FORWARD-LOOKING STATEMENT MADE BY US OR ON OUR BEHALF AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHER FACTORS.
dont mind gbird he's just a little pissy because he's down 50% on his awesome investment prowness...
he is incorrect about the cash point, through operations they are burning anywhere from 6-11m per quarter...at last check cash on hand was in the 70 mill range, so they have enough for 1.5 to 2yrs..
however, the big cash burners are they acquastions....they spent 30 mil on a pipe dream last quarter...if they do another one which seems to be highly likely, then we're def looking at them doing another secondary....
additionally they does not seem to be much leverage in their biz model as every dollar that does into Selling creates less than 1 dollar in rev
You'd been warned - not soon enough though but the long slope down is not done YET. The only people Pumping this are the insiders and dumping it thereafter and paying themselves ungodly amounts $4m annually for a money loosing outfit - with no end in sight. Every pop is an opportunity for the wise to dump and for me - a short.
The 1.3 trillion is construction value and not Textura revenue opportunity. Textura says they can monetize 20 basis points. SO your comments are either just dumb or you are short and trying to manipulate.
The company last quarter report shows that they are not bunring significant cash. But then again you would have to read it instead of making stuff up.
Thanks for printing the standard disclaimer that every public company uses.
The 20basis was hardly ever mentioned in multiple articles where they quoted the $1.3T - it's meant to mislead. 20basis point $2.6B is nice - it's taken 10 years to get to 2013 $35m and that is by using your money to buy up a number of companies along the way. Secondary offerings without substantially better financial performance on all matrices will be tough - at $100m 2015 forcasted revenue and earnings f a measly 8c per share - this definitely a $5 to $10 stock.
More on the balance sheet and cash flow another day.
All the numbers previously can be easily be obtained from Yahoo and computed by a middle schooler. I am short and very happily so.