Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Conference Call von Actua selbst (also neben der von Seeking Alpha, die man nur nach Registrieung lesen konnte), die man einfach ohne Registrierung herunterladen kann:

http://www.actua.com/wp-content/uploads/2017/02/...all-Transcript.pdf  

"2016 was a good year for Actua. Turning to slide five, let's review the highlights. We sold GovDelivery to investor group led by Vista Equity Partners, resulting in proceeds to Actua of approximately $133 million and a related gain of a $120 million.

With a $170 million of cash on our balance sheet following this transaction, we increased the current availability under our share repurchase program from $85.2 million to $125 million. In 2016 we repurchased 5.6 million shares of Actua's stock, for $73.7 million. And as a reminder, we repurchased 4.6 million of those shares for $64 million through a modified Dutch Tender offer. Additionally year-to-date in 2017, we have deployed another $7 million, to repurchase over 500,000 shares."  

in der im Gegensatz zum Transcript von Seeking Alpha keine Zitierbeschränkungen angeführt werden:

"We're also pleased with the value we unlocked through the sale of GovDelivery which provided us the capital to repurchase 64 million shares through the Dutch Tender offer.

We'll continue to allocate our capital for additional share repurchases in 2017 as well as for tuckin acquisitions. Finally we believe the growth we achieved in the latter half of 2016 sets us up well for stronger performance in 2017. This coupled with continued improvement in operating leverage will ultimately drive long term shareholder value. With that I'll turn this over to Kirk and look forward to reporting to you on our next quarter."

 

"Cash flow from operations was a positive $3 million in the fourth quarter of 2016, an improvement of over $3.3 million from 2015 quarter. "  

zum Wachstum in #8728:

Vincent Colicchio  
Okay. And Kirk I didn't follow what you said in terms of organic growth outlook for 2017? Could you repeat that.

Kirk Morgan
Yeah, so our GAAP growth is 14% to 19% and what I was saying is our organic growth would be probably a couple of percentage points lower than that.    

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"Again we ended 2016 with almost $100 million of cash on our balance sheet after the GovDelivery sale and after repurchasing 5.6 million shares in 2016 where we deployed almost $74 million in cash. As Buck discussed we have repurchased another 500,000 shares so far in 2017 and we'll continue to be opportunistic."
 

By Barbara A. Friedberg | Updated February 23, 2017 — 6:00 AM EST

A recent study projected that the growth of hybrid human and robo-advisors will outpace stand-alone robo-advisors in terms of assets under management in the next several years. Historically, investment management was the purview of the wealthy. With robo-advisors flooding the investment markets offering low-fee, diversified professional management, the investing landscape is evolving.

Read more: Growth of Hybrid Robo-Advisors to Outpace Pure Robos | Investopedia http://www.investopedia.com/articles/...-pure-robos.asp#ixzz4bbBqdJ9q

 

"The report by My Private Banking Research projects a robust future for the hybrid robo-advisor. The research suggests that the hybrid robo model will grow to $3.7 trillion assets worldwide by 2020 and $16.3 trillion by 2025, 10% of all investable worldwide assets. These projections contrast with the estimate that “pure” robo-advisors will manage only 1.6% of global wealth by 2025."

Read more: Growth of Hybrid Robo-Advisors to Outpace Pure Robos | Investopedia http://www.investopedia.com/articles/...-pure-robos.asp#ixzz4bbIXFyWa
 

GAAP net income loss was income of approximately $107.2 million, driven by the gain associated with the GovDelivery sale compared to a net loss of $52.2 million in the 2015 quarter,
Now turning to the annual figures, GAAP net income/loss was income of approximately $70.1 million again driven by the GovDelivery gain compared to a net loss of $96.1 million in 2015.

http://www.actua.com/wp-content/uploads/2017/02/...all-Transcript.pdf
 

für diesen explodierenden Markt gut gerüstet:

http://www.wealthmanagement.com/...ards-2016/2016-winner-foliodynamix  

Net income attributable to Actua for the year ended December 31, 2016 was $70.1 million

http://www.actua.com/wp-content/uploads/2017/03/...Release_FINAL_.pdf

Allerdings hatte ich ja schon öfter angeführt, dass man einen durchschnittlichen Gewinn über mehrere Jahre wählen sollte, da bei einem Inkubator wie Actua das net income sehr stark von den jeweiligen Verflüssigungen von Assets abhängt.
 

nach den wetedren Rückkäufen in 2017 noch da sein.

Again we ended 2016 with almost $100 million of cash on our balance sheet after the GovDelivery sale and after repurchasing 5.6 million shares in 2016 where we deployed almost $74 million in cash. As Buck discussed we have repurchased another 500,000 shares so far in 2017 and we'll continue to be opportunistic.  

http://www.actua.com/wp-content/uploads/2017/02/...all-Transcript.pdf
 

cloud-Softwareanbieter mit ähnlichen Zahlen in etwa gleich bewertet werden.

http://finance.yahoo.com/news/...eports-fourth-quarter-201500187.html

Mit 1,2 Milliarden ist aber die Bewertung von Coupa 2,4-mach so hoch.  

https://www.trustpilot.com/review/www.boltinsurance.com  

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$6.7 billion in regulatory assets under management as of year-end 2016 compared to $4.7 billion at the end of 2015

http://www.actua.com/wp-content/uploads/2017/03/...ar-2016-slides.pdf
 

Cloud-Company:

http://www.cnbc.com/2016/07/28/...etsuite-for-93b-or-109-a-share.html