Talking Tech – Episode 12 – Sage results, looking to a normal 2025 and analysts forecasting un-probable profits
George O'Connor and Ian Robertson discuss Sage results as well as other recent newsflow.
Sage’s share price rose 19% on the day with the market liking it more than the analysts. Much of the debate is around the cloud native growth narrative but have the company and analysts painted themselves into something of a corner?
Nvidia results get a mention. It's been the big thing in 2024 but what’s to come in 2025? Will it be the year we finally look beyond the chips?
Discussion of the ‘future’ leads us to Deferred tax loss assets. These get recognised when the profits are probable. No probable profits mean no loss-based asset. Crucial to small cap tech you would think but often ignored. We look to Bango, Cirata and Ocado as examples.
The pair bring their discussions to a close with a glance ahead to 2025. Will the sector continue to be driven by geo-politics? Ian dares to suggest that things might just be 'normal' and George summarises the chat with a call to action: Just get on with it!
Companies discussed include: Xero, Tracsis, Sage, Nvidia, Eagle Eye, Intuit, MadeTech, Redcentric, Snowflake, SoftCat, Intuit
----------------
If you enjoyed listening to the Talking Tech podcast you might like to take a look at the accompanying Talking Tech insights.
Brought to you by Progressive.
This communication is provided for information purposes only, and is not a solicitation or inducement to buy, sell, subscribe, or underwrite securities or units. Investors should seek advice from an Independent Financial Adviser or regulated stockbroker before making any investment decisions. Progressive Equity Research Ltd (“PERL”) does not make investment recommendations.
Opinions contained in this communication represent those of PERL and/or our affiliates at the time of publication and PERL does not undertake to provide updates to any opinions or views expressed. PERL does not hold any positions in the securities mentioned in this communication, however, PERL’s directors, officers, employees, contractors and affiliates may hold a position, and/or may perform services or solicit business from, any of the companies or related securities mentioned.
Any prices quoted in our research are as at the previous day’s close.