mVISE - Connecting the cogs
mVISE is at a pivotal point in its three-year 2018+ strategy following a year of doubled product revenues and a trebling in PBT. The heavy lifting of expanding the marketing reach of its digitalisation software products and building scale in the consulting division is now largely complete, with three new white-label versions of elastic.io set to come on stream in the coming weeks. Helped by this, management forecasts sales of its software products to double in each of the next two years, which should in turn fuel growth in high-margin product-related consulting fees. With more parts of the group now working more closely together to exploit opportunities, we see the stock on its current 2020e P/E of 10.3x as an attractive growth play.mVISE AG, formerly known as Convisual AG, is a Germany-based information technology (IT) company and provider of consulting, implementation and operations services for mobile business solutions. It focuses on the areas of mobility, virtualization and security. Mobility specializes in the development and provision of mobility solutions for smartphones and tablets. Virtualization comprises cloud and IT solutions. Security focuses on security aspects and secure solutions in business environments and data centers. The Company's main product is SaleSphere, which comprises a product management system and allows users to create and manage presentations and to create reports, among others. The Company operates from two offices in Dusseldorf and Frankfurt.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.