ACF Extractives

Dev Clever DEV.L Initiation ACF Equity Research 02112021

Dev Clever Holdings Plc (DEV: LSE) is UK-based and focuses on the global EdTech market. Its two core platforms, and Victar VR, offered on a B2B, B2C and B2G SaaS subscription basis, are aimed at reducing skills gaps in young people through: remote learning and career guidance tools, live career counciling and enterprise services. DEV’s current focus is the Indian market (Veative Labs acquisition monetises India for DEV) with a potential $30bn value within 10 years. The Aldebaron DMCC (Dubai) partnership adds a minimum of $50m revenues over the next 4 years and accelerates rollout to over 9 new territories. The CSCA phase 2 delivers ‘gilt backed’ revenues from 2.6m Indian students with expansion opportunities. We expect more partnership and contract wins over the next 18m.

Dev Clever Holdings

Dev Clever Holdings plc is a United Kingdom-based software development company. The Company applies its technology in three core channels: engage, educate and experience. Through its engage channel the Company uses fully controlled voucher and incentives based consumer activations, such as the Whitbread PLC Brewers Fayre Great Summer Giveaway Campaign with 1,000,000 prizes allocated through the Company's proprietary gaming engine. Through educate, the Company uses interactive careers platform to drive school leaver enrolment and recruitment. The Company has a broad product portfolio, covering customer loyalty and incentivisation, virtual and augmented reality experiences and marketing and student engagement within the education sector. In developing its applications the Company uses a combination of open source software and off the shelf development tools.

ACF Equity Research
ACF Equity Research

ACF Equity Research is an independent research house specialising in the highest specification independent equity research for corporate clients.

We deliver premium independent corporate sponsored equity research characterised by its accuracy, clarity and foresight based upon a fundamental valuation approach.

Our independent research is designed to educate our professional investor readers  with an emphasis on clear and accurate explanations. Our mission is to improve company’s liquidity through credible equity research services, excellent international distribution and reliable access for investment managers.

We believe in the importance and value of clarity, the careful articulation of technical ideas, concepts and solutions.

Our team of analysts are independently minded individuals who believe in thoroughness, technical competence and clear punchy communications.

ACF Extractives

Other Reports on these Companies
Other Reports from ACF Equity Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch