Sign up Australia
Proactive Investors - Run By Investors For Investors

Prophecy International Holdings Limited’s shares ride higher on achieving significant revenue growth

Telstra/Genesys relationship has resulted in 39 new customers added in H1.
rising sales chart
Revenue growth of 24% against the same period last year

Prophecy International Holdings Limited’s (ASX:PRO) shares are trading circa 16% higher at $0.69 following a strong improvement in revenue for the first half of FY2018 over H1 FY2017.

The Adelaide based company’s preliminary H1 unaudited financials point towards sales revenue of circa $5.89 million with earnings before interest and tax (EBIT) of circa $1.06 million.

Revenue growth of 24%

This represents a revenue growth of 24% against the same period last year for the combined Snare and eMite businesses and an increase of 58% in EBIT vs H1 2017.

Prophecy operates across three areas – customer experience (CX) intelligence, IT ops intelligence and cybersecurity threat intelligence leveraging the power of software from the eMite and Snare products.

The company is witnessing a significantly increased contribution from eMite, based primarily on the relationships with Telstra Corporation Ltd (ASX:TLS) and Genesys.

The Telstra/Genesys relationship has resulted in 39 new customers added in H1 and has driven investment in new sales resources to address the growing market opportunity.

Prophecy has added integration with Amazon

The eMite CX Intelligence platform enables customers to gain real-time insight into their business operations, correlating and aggregating data from multiple systems like PureCloud by Genesys.

Prophecy has also added integration with Amazon Lex this year and presented alongside Amazon and Genesys at the Amazon Excite event in Las Vegas.

On the cybersecurity side, the company continues to see strong demand for robust, enterprise-grade logging and log management.

The company’s logging and log management solutions are used in the largest government and defence agencies around the world, as well as in some of the largest banks, utilities, health providers and in retail.

View full PRO profile View Profile

Prophecy International Holdings Timeline

Related Articles

1505844466_RESAAS-image-for-profile-article.jpg
September 20 2017
Build the audience then pull the monetization levers -- a tried and true tech sector model
Reboot button
January 26 2018
The group has been guilty of over-promising in the past, but with a stronger balance sheet it might now have a shot at achieving critical mass
Mergers & acquisitions - takeover
January 11 2018
"Vermeg's acquisition of Lombard Risk will create a leading global financial software provider," said Badreddine Ouali, founder and chairman of Vermeg

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use