Professional
Added to YB: 2022-01-15
Pitch date: 2022-01-15
BBW.SI [bullish]
Azeus Systems Holdings Ltd.
+80.53%
current return
Author Info
Founder of Smoak Capital who shares analysis on stocks on Twitter and in his fund letter. Follow on Twitter.
Company Info
Azeus Systems Holdings Ltd., an investment holding company, provides IT products and services in Hong Kong, Asia, the United Kingdom, Europe, Australia, New Zealand, North America, South America, the Middle East, and Africa.
Market Cap
SGD 2.1B
Pitch Price
SGD 6.90
Price Target
N/A
Dividend
3.85%
Sector
IT Services
Category
growth
Smoak Capital holding: Azeus Systems Holdings
BBW.SI: Azeus Systems transformed from IT services to Enterprise SaaS leader w/ Convene board portal software. Rev grew $1M to $15M USD FY16-21. 90%+ gross margins, negative churn, high ROI. Trades 7x EV/TTM rev vs SaaS median 10x. 40-50%+ cash op margins, FCF positive. Recent job postings suggest accelerating growth.
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