Nasstar

Nasstar plc does just one thing - delivers all your computing over the internet rather than using local 'on-premise' computers. In the same way the telephone and music is now being delivered over the internet, we are doing the same with computing. Our service is called Hosted Desktop and all you need is a web browser and internet connection and you can access a desktop computer with all your company data and applications including Email, Microsoft Office and other software. Its a really simple concept and Nasstar are a pioneer in this field, providing a radical alternative to traditional on-premise delivery - instead of using a local computer under your desk you use the internet. Nasstar work exclusively with our partners and are 100% channel focussed. Our partners take the service out to market under their own branding through the Nasstar White Label Hosted Desktop Partner Programme

Revenue(FY, 2016)

£18.7 M

Market capitalization(2017-07-25)

£55.1 M

Company Growth (employees)

Type

Public

Telford And Wrekin, GB

Founded

1998

Size (employees)

128 (est)

Website

nasstar.com

Nasstar was founded in 1998 and is headquartered in Telford and Wrekin, GB

Nasstar Office Locations

Nasstar has an office in Telford and Wrekin

Telford and Wrekin, GB (HQ)

Nasstar, Datapoint House, 400 Queensway Business Park, Queensway, Telford, Shropshire

Nasstar Data and Metrics

Nasstar Financial Metrics

Nasstar's revenue was reported to be £18.7 m in FY, 2016 which is a 36% increase from the previous period.

Summary

GBP

Nasstar's current market capitalization is £55.1 m.

Source: Company Filings

Income Statement

GBP	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	2.5 m	11.2 m	13.8 m	18.7 m
Revenue growth, %		348%	23%	36%
Cost of goods sold	1.5 m	3.5 m	4.1 m	5.8 m
Gross profit	961 k	7.7 m	9.7 m	12.9 m
Gross profit Margin, %	38%	69%	70%	69%
Pre tax profit	(3 m)	(1.9 m)	(1.3 m)	(1.8 m)
Net Income	(3.2 m)	(1.7 m)	(309 k)	(1.1 m)

Source: Company Filings

Balance Sheet

GBP	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	314 k	908 k	1.6 m	3 m
Accounts Receivable	284 k	1.1 m	1.1 m	3 m
Current Assets	769 k	2.7 m	3.5 m	7.7 m
PP&E	682 k	3 m	3.3 m	5.2 m
Goodwill	258 k	13.3 m	19.8 m	29.1 m
Total Assets	1.7 m	19 m	26.6 m	42 m
Accounts Payable	488 k	793 k	1.2 m	6 m
Current Liabilities	1.6 m	3.1 m	5.1 m	7.7 m
Total Liabilities	1.6 m	5.3 m	11.5 m	13.8 m
Retained Earnings	(3.2 m)	(1.7 m)	(309 k)	(1.3 m)
Total Equity	61 k	13.7 m	15.1 m	28.2 m
Financial Leverage	28 x	1.4 x	1.8 x	1.5 x

Cash Flow

GBP	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash From Operating Activities	(395 k)	375 k	2.1 m	3.2 m
Cash From Financing Activities	569 k	9.3 m	5.2 m	10.9 m
Income Taxes Paid	(127 k)	194 k	987 k	644 k

Ratios

	Y, 2016
Financial Leverage	1.5 x

Nasstar Market Value History

Nasstar Revenue Breakdown

Market Position of Nasstar

Competitors

Progress Software

Technology - Public

Rackspace

Technology - Subsidiary

Revenue (FY, 2016)	18.7 m
Revenue growth (FY, 2015 - FY, 2016), %	36%
Gross profit (FY, 2016)	12.9 m
Gross profit margin (FY, 2016), %	69%
Net income (FY, 2016)	(1.1 m)
Market capitalization (25-Jul-2017)	55.1 m
Closing share price (25-Jul-2017)	0.1
Cash (31-Dec-2016)	3 m

Nasstar

Company Growth (employees)

Nasstar Office Locations

Nasstar Data and Metrics

Nasstar Financial Metrics

Summary

Revenue (FY, 2016)

Revenue growth (FY, 2015 - FY, 2016), %

Gross profit (FY, 2016)

Gross profit margin (FY, 2016), %

Net income (FY, 2016)

Market capitalization (25-Jul-2017)

Closing share price (25-Jul-2017)

Cash (31-Dec-2016)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

Pre tax profit

Net Income

Balance Sheet

Cash

Accounts Receivable

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Total Liabilities

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Cash From Operating Activities

Cash From Financing Activities

Income Taxes Paid

Ratios

Financial Leverage

Nasstar Market Value History

Nasstar Revenue Breakdown

Market Position of Nasstar

Competitors

Traffic Overview of Nasstar

Nasstar Online and Social Media Presence

Nasstar Company Life and Culture

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