johnric
05 May 2017
Daily Mail SHARE PUNT OF THE WEEKDaily Mail29 Apr 2017PRICE: 5.38pWHO IS IT? Vipera makes software for banks to provide mobile services to customers for things such as contactless payments, phone banking, digital wallets and loyalty card programmes.It is also working on some more unusual technology projects, recently revealing plans for a shopping app called Follow Me. It will be able to direct customers to a product they want in a store, which they can then scan, using their phone, to see further information such as pricing and videos.WHAT’S THE LATEST? It has just secured a £1.9m contract with a leading financial institution in the United Arab Emirates to develop its contactless payments and web banking technology.It has also announced a pipeline of contracts worth more than £6.7m. The firm’s 2016 results saw revenues jump to £6.7m from £5.7m in 2015, despite reporting an overall loss of £1.3m for the period.WHO BACKS IT? Non-executive director Petter Neby, 44, who has developed a number of technology businesses, is its biggest shareholder, with a 16.1pc stake. Chief executive Marco Casartelli, who was part of the founding team of Yahoo Italy, has an 11.8pc stake.Vipera is also backed by asset manager Octopus Investments, which owns 11pc.WHY YOU SHOULD INVEST Contactless payments, and mobile banking in general, have picked up huge interest in recent years. The company itself states both consumers and businesses now expect highquality mobile services from their bank.The company is down 2.3pc for the year, but with a backlog of products in the pipeline this could be a great time to invest.…AND WHY YOU SHOULDN’T Technology firms have a reputation for being cash hungry and it can take a long time for profits to materialise. Indeed, the firm reported a loss in 2016.Some investors may also be sceptical of Vipera’s more ambitious projects, until seeing evidence of their success.
piw
11 Sep 2016
Video: Vipera presentation at ShareSoc Richmond 6.9.16 Presentation by Marco Casartelli, CEO and Martin Perrin, CFO[link] c. 1 hourMarco Casartelli, CEO, outlines Vipera’s history, and what they do – essentially providing software to banks to enable mobile access for customers, and information on purchasing patterns to the bank. He gives examples of how this operates in practice.Their operation is split between UK and Italy. Their clients are throughout the world.Martin Perrin, CFO, outlines the financials. H1 revenues increased by 45%. They have invested in their sales force over this time, and hope to see the results over the next year. They forecast to be in profit by year end 2017.
pendil
23 Aug 2016
2016 interims These will be out on 5 September which is 10 days earlier than last year. Earlier reporting is usually a good sign.However, I'd like to see another contract win - there hasn't been much announced for a while.
johnric
31 Aug 2015
Interims Surely interims in September so an update due.
johnric
25 Aug 2015
Progress not reflected in price In May the share price was over 5p and since then they have appointed Sanlam Securities UK Limited, signed a contract with a leading German bank, raised Euro 2.69m, contracted with the Government Savings Bank of Thailand, had warrants exercised and the finance director has been buying shares. Now look at the price. Surely some scope for a rise.
mantrova
10 Apr 2015
Re: Something is up Not in this week's IC, so it must be serious.m
mantrova
10 Apr 2015
Re: Something is up They did do a presentation recently....maybe that's the reason?....Or a Friday IC tip?m
Eating Grass
10 Apr 2015
Something is up Share price up 27% in one day.Must be a takeover in my HOVipera should make an announcement ASAP
