27/10/2022 08:00
Esker (ALESK): Record order intake in Q3
INFORMATION REGLEMENTEE


Esker (ALESK): Record order intake in Q3

27-Oct-2022 / 07:00 GMT/BST


 


London, UK, 27 October 2022


 


Esker (ALESK): Record order intake in Q3


Esker’s Q3 revenue update confirmed continued strong underlying and reported revenue growth, and management reiterated its FY22 revenue and margin guidance. The company is making steady progress with its channel partner strategy, and record order intake, particularly in the US and Asia Pacific, provides support for FY23 and beyond.


 


The share price appears to have stabilised after declining from its December 2021 peak of €361.5. Based on FY22e and FY23e P/E ratios, the stock continues to trade at a premium to French software peers and at a discount to US SaaS peers, we believe due to its high level of recurring revenue, history of and potential for double-digit profitable growth and strong balance sheet. The company is well-funded to take advantage of opportunities to make bolt-on acquisitions, which in the current environment may become more affordable.



Click here to view the full report or here to sign up to receive research as it is published.


 


All reports published by Edison are available to download free of charge from its website


www.edisongroup.com


About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached – across institutions, family offices, wealth managers and retail investors – Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.


Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.


Edison is authorised and regulated by the Financial Conduct Authority.


Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities. 


For more information, please contact Edison:


Katherine Thompson +44 (0)20 3077 5730 tech@edisongroup.com


Learn more at www.edisongroup.com and connect with Edison on: 


LinkedIn        www.linkedin.com/company/edison-group-/


Twitter           www.twitter.com/Edison_Inv_Res


YouTube       www.youtube.com/edisonitv



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service

1472605  27-Oct-2022 


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Esker (ALESK): Record order intake in Q3

27-Oct-2022 / 07:00 GMT/BST




 



London, UK, 27 October 2022



 



Esker (ALESK): Record order intake in Q3



Esker’s Q3 revenue update confirmed continued strong underlying and reported revenue growth, and management reiterated its FY22 revenue and margin guidance. The company is making steady progress with its channel partner strategy, and record order intake, particularly in the US and Asia Pacific, provides support for FY23 and beyond.



 



The share price appears to have stabilised after declining from its December 2021 peak of €361.5. Based on FY22e and FY23e P/E ratios, the stock continues to trade at a premium to French software peers and at a discount to US SaaS peers, we believe due to its high level of recurring revenue, history of and potential for double-digit profitable growth and strong balance sheet. The company is well-funded to take advantage of opportunities to make bolt-on acquisitions, which in the current environment may become more affordable.




Click here to view the full report or here to sign up to receive research as it is published.



 



All reports published by Edison are available to download free of charge from its website



www.edisongroup.com



About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached – across institutions, family offices, wealth managers and retail investors – Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.



Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector. Headquartered in London, Edison also has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in Athens, Johannesburg and Sydney.



Edison is authorised and regulated by the Financial Conduct Authority.



Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities. 



For more information, please contact Edison:



Katherine Thompson +44 (0)20 3077 5730 tech@edisongroup.com



Learn more at www.edisongroup.com and connect with Edison on: 



LinkedIn        www.linkedin.com/company/edison-group-/



Twitter           www.twitter.com/Edison_Inv_Res



YouTube       www.youtube.com/edisonitv

















Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service



1472605  27-Oct-2022 



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