AppScatter Group PLC (LON:APPS)

AppScatter Group PLC (LON:APPS)


Share Price
19.44 p
Change
-0.06 (-0.31 %)
Market Cap
£17.37 m
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AppScatter Group PLC

appScatter is a scalable B2B SaaS platform that allows paying users to distribute their apps to, and manage their apps on, multiple app stores. Additionally, the centralised platform enables app developers and publishers to manage and track performance of their own and competing apps across all of the app stores on the platform.

EPIC: APPS
Market: AIM:APPS
52-week High/Low: 95.000p / 18.000p
Sector: Software & Computer Services
Market Cap: 17.37M
Website: appscatterplc.com
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Big picture - Why invest in AppScatter Group PLC


Apps on a smartphone
“As of today, appScatter tracks 1.2bln app URLs, from 10.7mln apps and 2.9mln publishers,” chairman Clive Carver told shareholders at the AGM in June

AppScatter Group PLC Snapshot

  • To establish appScatter as a profitable end-to-end service for distributing apps and tracking application performance whilst providing intelligence across multiple stores worldwide
  • To provide a mobile strategy solution for companies to increase both their app downloads and revenues
  • To address the growing market demand – Growth in the number of devices capable of using apps is set to continue to be dramatic. There are currently 2.1 billion smartphone users and this is expected to rise to 2.6 billion in 2018. The global number of tablet users surpassed 1 billion in 2015. Ignoring the Internet of Things, smart-homes and Wearables, it is estimated by Gartner Inc., that there will be 33 billion devices able to use apps by 2020
  • To rapidly grow free users and to convert those free users into paying users in order to build critical mass
  • To generate revenue from our diverse client base which includes blue-chip enterprises, development houses, marketing agencies and other such organisations that benefit from appScatter’s full-service offering
  • To use our first-mover advantage to become the leading company in this space
  • To grow the business by broadening the licensed user base through product development and targeted sales campaigns and partnerships
  • To generate value on behalf of shareholders

GROUP OVERVIEW

appScatter is a scalable B2B SaaS platform that allows paying users to distribute their apps to, and manage their apps on, multiple app stores. Additionally, the centralised platform enables app developers and publishers to manage and track performance of their own and competing apps across all of the app stores on the platform.

App Distribution

  • Registration, submission and updates across all compatible app stores including Apple and Google Play
  • Currently 50 app stores supported


Management

  1. Monitor sales and downloads, in-app purchasing, ranking and reviews across multiple stores
  2. Integrate third party add-ons
  3. Identify pirating, IP and copyright infringement
  4. Check for brand consistency and compliance

Intelligence Data

  • Monitor app usage and sales statistics for users
  • Machine learning to identify emerging trends, competition, rankings, pinpoint growing industries; publishers and popular categories and newcomers
  • Natural language processing to provide sentiment analysis
  • Real-time telemetry

App Store Landscape

  • There are estimated to be in excess of 300 legitimate app stores worldwide
  • App stores can be categorized into four main categories: Device platforms, Wireless Carriers, Device Manufacturers, and Independents
  • Whilst the Apple App Store and Google Play app stores are currently estimated to account for a combined 85 per cent. of US downloads, the Apple App Store and Google Play account for as little as 62 per cent. of EU downloads in the top five countries (UK, Germany, France, Spain and Italy) and only 24 per cent. of downloads in China
  • Accessing more than just the most popular app stores can greatly increase market penetration for commercial and other enterprises but requires significant effort on behalf of app developers and publishers to register, monitor and manage each app store used and draw holistic analysis of downloads across multiple stores

appScatter Group plc has an experienced team with both significant technology expertise and experience in building successful public companies. The Board comprises two Executive Directors and two Non-Executive Directors.

Clive Carver

Non-Executive Chairman

Clive is a chartered accountant and worked with Coopers & Lybrand, Kleinwort Benson and Price Waterhouse Corporate Finance before becoming head of Corporate Finance at Seymour Pierce, Williams de Broe and finnCap successively. He is Executive Chairman of Caspian Sunrise PLC and the non-executive Chairman of Ascent Resources plc and Tax Systems PLC, all of which are admitted to trading on AIM.

Philip Marcella

Chief Executive Officer

Philip is the founder and CEO of the Company. He is an experienced programmer who began his coding career in the mid-1980s. In 1996 he set up his first company, which became RMR Plc. Initially a web development company, RMR specialised in web conferencing. In 2000, RMR was admitted to AIM with a £64 million valuation.

Jason Hill

Chief Revenue Officer

Jason is a B2B sales professional with 20 years’ experience driving fast growth digital sector technology companies. He was the sales director of Philip Marcella’s previous AIM quoted company, RMR Plc.

Andrew Bushby

Non-Executive Director

Andrew is an experienced sales leader and technology strategist with more than 25 years’ sales and technical experience across networking, operating systems, security, identity, cyber threat and modern cloud and mobile solutions. Since 2016, Mr. Bushby has been UK Director of Fidelis Cybersecurity, having established that company’s UK offices and where he is global account director for a number of major clients. Mr. Bushby was previously Advanced Threat Director – Northern Europe for Arbor Networks having before spent 8 years with Sun Microsystems / Oracle Corporation, latterly as Technology Director – Information Security & Mobility, where he was responsible for the Mobile & Security technologies business development in the UK and Ireland.

 

Shares Issued

 

89,349,491 ordinary shares of 5p each 

Significant Shareholders

 

SHAREHOLDER NUMBER OF ORDINARY SHARES PERCENTAGE OF ISSUED 
ORDINARY SHARE CAPITAL
Philip Marcella 16,472,280* 18.4%
Lakestar LLP 5,349,668 6.0%
Octopus Investments 3,384,615 3.8%
Quixote Holdings 2,832,398 3.2%
     

* including 504,657 Ordinary Shares held by MG Trust and 15,967,623 Ordinary Shares in Philip Marcella’s own name.

Email us: [email protected]

Call the office: 0208 004 7212

Visit the office: 9 Appold Street, London EC2A 2AP

Nominated Adviser and Joint Broker

Smith & Williamson Corporate Finance Limited
25 Moorgate
London
EC2R 6AY

Lead Broker

Stifel Nicolaus Europe Limited
150 Cheapside
London
EC2V 6ET

Legal Adviser to the Company (UK)

Druces LLP
Salisbury House
London Wall
London
EC2M 5PS

Legal Adviser to the Company (USA)

Yormack & Associates, P.A.
2525 Ponce de Leon, Suite 300
Miami
Florida 33134
United States of America

Auditors and Reporting Accountant

Kingston Smith LLP
Devonshire House
60 Goswell Road
London
EC1M 7AD

Registrar

Computershare Investor Services Plc
The Pavilions
Bridgwater House
Bristol
BS99 6ZY

Investor Relations and Financial Media Enquiries

Buchanan
Ben Romney / Stephanie Watson
107 Cheapside
London
EC27 6DN

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