Company profile - Wandisco feature image - 28062019 - JPG

WANdisco

LN: WAND

£262.2m market cap

581p last close

WANdisco’s proprietary replication technology enables its customers to solve critical data management challenges created by the shift to cloud computing. It has established partner relationships with leading players in the cloud ecosystem including Amazon and Microsoft.

Investment summary

WANdisco has announced a partnership with Neudesic, a systems integrator (SI) specialising in enterprise cloud solutions. Like the Databricks tie-up announced earlier this week, this partnership will focus on accelerating the migration of on-premise Hadoop analytics platforms to the cloud. No financial details are provided but our previous analysis highlights the potential opportunity in Hadoop and data migration.

Y/E Dec
Revenue (US$m)
EBITDA (US$m)
PBT (US$m)
EPS (fd) (c)
P/E (x)
P/CF (x)
2017A 19.6 (0.6) (7.8) (19.4) N/A 394.1
2018A 17.0 (9.4) (16.3) (37.5) N/A N/A
2019E 31.3 (0.4) (7.4) (16.9) N/A 44.0
2020E 40.7 6.2 (0.8) (2.0) N/A 45.8
Last updated on 25/07/2019
Industry outlook

WANdisco’s core Fusion product enables clients to move large amounts of data over large distances while still using it. This capability means that the company is exceptionally well placed to benefit from the rapid shift of data to the cloud (both for pure cloud and hybrid environments) and potentially Blockchain as well.

Last updated on 25/07/2019
Sector
TMT
Share price graph
Balance sheet
Forecast net cash (US$m) 23.3
Forecast gearing ratio (%) N/A
Price performance
%
1m
3m
12m
Actual 31.6 (1.5) (33.6)
Relative* 30.1 (2.0) (31.8)
52-week high/low 960.0p/340.0p
*% relative to local index
Key management
David Richards CEO
Erik Miller CFO

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