ISD 6.67% 9.8¢ isentia group limited

Although iSentia lost few clients to competitors due to high...

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  1. 26,847 Posts.
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    Although iSentia lost few clients to competitors due to high copyright costs.
    This isn't good, but now it's in favor of iSentia to win the case, then lower copyright costs which is good for medium and long term prospective.

    Any thing between $2m to $5m reduction in copyright costs, would send ISD to 50c.
    Furthermore, we have additional $5m cost saving next year, and further possible cost cut to come.

    "a $2.5 million step-up in copyright expenses and increased investment in [t]ransition to cloud technology [and] continued investment in R&D roles to deliver world leading SaaS platforms”.

    92 On 23 August 2017, a presentation was given on behalf of the Isentia Group in relation to its results for the full financial year 2017. In that presentation, observations were made that Australia and New Zealand revenue had been impacted upon by customer churn and competition during the year “relating to the copyright agreement”. It notes an increase in expenses “mainly due to $5.3m copyright cost increase and acquisition related costs in Asia”.
 
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