Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Actua owns approximately 9% of Anthem Ventures Fund, L.P. (formerly eColony, Inc.) and Anthem Ventures Annex Fund, L.P. (collectively, "Anthem"), which invest in technology companies. Actua acquired its interest in Anthem in 2000 and currently has no carrying value in Anthem. Accordingly, the receipt of distributions from Anthem by Actua would result in a gain at the time Actua receives those distributions. During the year ended December 31, 2015, Actua received a distribution from Anthem that resulted in proceeds of $1.0 million , and recorded a gain in that amount. In March 2017, Actua received a distribution from Anthem of both shares and $866 thousand of cash. A gain will be recognized during the first quarter of 2017 for the value of the cash and shares received. See Note 13 , " Other Income (Loss), Net ," for additional information.

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...onS&ID=11968988  

https://medium.com/birds-view/...rt-1-where-is-the-value-f559d609cce6  

;auch nur 9% des folgenden Portfolios einen passablen Wert verkörpern.

http://anthemvp.com/company_type/active/
 

Er ist doch der einzige der dich ernst nimmt und sachlich mit dir diskutiert mit einer bewundernswerten Gelassenheit.
 

VelocityEHS to Discuss Technology’s Role in Improving EHS Excellence at the Verdantix Summit 2017

CHICAGO, May 11, 2017 (GLOBE NEWSWIRE) -- VelocityEHS, the leading cloud environment, health, safety (EHS) and sustainability software provider, today announced it will be speaking on effective EHS technology implementation at the Verdantix Summit. VelocityEHS brings its thought leadership to the annual event, which gathers top EHS professionals from a wide range of industries to share first-hand insights on how technology is helping to improve EHS outcomes.
Verdantix forecasts that the global enterprise market for EHS software will exceed $1.4 billion by 2020. Yet despite this projected growth, many companies remain ill-equipped to handle the transition from paper log books, spreadsheets or legacy IT systems to more advanced EHS management software systems. During the panel presentation, “Planning Your EH&S Technology Innovation Journey,” Matt Airhart, president at VelocityEHS Canada, will discuss effective methods for planning, implementing and supporting an EHS management system so it delivers the best value to the entire organization.

https://finance.yahoo.com/news/...ology-role-improving-123000182.html
 

die weltweit auf die EHS-Lösungen von Velocity setzen:

"Today, more than 13,000 customers worldwide, from virtually every industry, trust VelocityEHS and its solutions to improve EHS performance."

Quelle: wie letztes Posting  

Blackrock hat massiv erhöht und zwar um mehr als 2,8 Millionen Aktien auf insgesmat fast 5 Millionen Aktien.


Owner Name
Date
Shared Held
Change (Shares)
Change (%)
Value (in 1,000s)

BLACKROCK INC.
03/31/2017 2,661,202 2,652,164 29,344.5937,124
§
BLACKROCK FUND ADVISORS
12/31/2016 1,184,850   182,253     18.1816,529
§
BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
12/31/2016 1,041,827  (10,161)    (0.97)14,533

§
Read more: http://www.nasdaq.com/symbol/acta/institutional-holdings#ixzz4gyn9GYgF
 

übertroffen:

Owner Name
Date
Shared Held
Change (Shares)
Change (%)
Value (in 1,000s)

FMR LLC
03/31/2017
5,921,628
0
0.00
82,607

Read more: http://www.nasdaq.com/symbol/acta/institutional-holdings#ixzz4gzZ9n23D  

man entnehmen, dass Fidelity und Blackrock ca. ein Drittel der Aktien von Actua halten - ich beurteile das positiv.  

Zumindest für positiver, als wenn z.B. Blackrock die Aktie geshortet hätte.  

https://medium.com/@peter.wdj/...-at-trends-in-insurtech-754b79e8ccd1  

May 4, 2017 3:29 pm
FolioDynamix, Redi2 Integrate to Better Serve Financial Advisors
DOL rule, ability to scale drive decision

BOSTON, May 3, 2017 — Redi2 Technologies, the premier provider of hosted fee billing and revenue management solutions to the global financial services industry, announced its integration with FolioDynamix, a leading wealth management technology solution provider. The collaboration of these two leading companies in the financial service industry offers enhanced functionality and transparency previously unavailable to advisors scrambling to keep up with the new DOL Fiduciary Rule.

“For the asset managers and financial advisors who provide services through managed accounts, the need for a sophisticated billing solution is critical,” said Redi2 President and COO Fermin Garcia. “Our expertise in addressing the complexities of billing and revenue management makes us an ideal partner for Foliodynamix."

http://www.foliodynamix.com/news/...-better-serve-financial-advisors/
 

VelocityEHS Makes In-The-Field Chemical Management Faster and Easier with MSDSonline Mobile App Enhancement

CHICAGO, May 16, 2017 (GLOBE NEWSWIRE) -- VelocityEHS, the leading cloud environment, health, safety (EHS) and sustainability software provider, today announced a new enhancement to its MSDSonline mobile app that significantly improves its users’ mobile chemical management experience. By combining its popular eBinder app and Chemical Inventory Scanning app functionality into a singular SDS/Chemical Management mobile app, employees now have easier on- and off-line access to safety data sheets (SDSs) as well as the ability to quickly scan chemical container barcodes and manage inventory information, all from the palm of their hand while in-the-field.

https://finance.yahoo.com/news/...-chemical-management-123000400.html
 

fortgesetzt werden - zumindest solange wir uns um die 14 Dollar bewegen.

Und ích gehe davon aus, das Actua auch den News-Fluss klein halten wrid, solange dieser Prozess nocht nicht abgeschlossen ist.  

verkauft, um die sie ihre Bestände erhöht haben=

http://www.nasdaq.com/symbol/acta/institutional-holdings?page=7

 

Exploring Digital Transformation at Dig|In 2017

The insurance industry is undergoing an incredible transformation. We’ve been saying this for some time, so we were really excited to attend an entire event dedicated to the changes occurring across the market. From new products, emerging technologies, digital distribution and InsurTech, to the emerging autonomous revolution, Dig|In: The Digital Future of Insurance, covered all of the hot topics impacting the insurance industry.

http://blog.boltinc.com/...oring-digital-transformation-at-digin-2017
 

würden mit Umsatzmultiples von mehr als 10 oder gar mehr als 17 bewertet, wie das Warburg bzw, Berenberg bei den Umsatzmultiples von Hypoport tun und Ihr auf einem der beiden Hypoport-Boards in meinen dortigen Postings nachlesen könnt.

Und Bolt bietet eine voll entwickelte Plattforn, die schon seit Jahren am Markt ist.  

 

stagnierenden Kurs ist m.E. die Unsicherheit, wie man Bolt bewerten sollte und wie sich die nachstehende Erlösstörme in Zukunft entwickel werden:

„Bolt generates revenue from

(1) software as a service ("SaaS") software licenses,

(2) maintenance and support services,

(3) professional service fees,

(4) insurance commissions, including contingency bonus revenues from insurance carriers, and

(5) subscription fees.

Bolt enters into certain multiple deliverable arrangements that relate primarily to its software licenses, which are delivered through a cloud-based model and include professional services necessary for the functionality of the software, as well as maintenance and support services. Under Bolt’s cloud-based software licenses, certain professional services are essential for the functionality of the software. Therefore, these services and the related maintenance and support services in these arrangements do not have standalone value to Bolt’s customers and are combined into a single unit of accounting. Revenue under these arrangements is recognized ratably over the applicable contract term.  

For Bolt’s professional services or other deliverables that are determined to have standalone value, Bolt allocates the total revenue to be earned under the arrangement for each deliverable based on the ESP, since Bolt has concluded that historically VSOE of fair value and TPE of fair value cannot be established. These fees are then recognized as the services are performed or delivered.

Finally, certain professional services are sold separately. Those fees are recognized as the professional services are delivered.

Bolt’s commissions on the premiums from sales of insurance policies are recognized when Bolt has sufficient information to determine (1) the amount that it is owed and (2) whether it is probable that the economic benefits ..............

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...feS&ID=12048582
 

Based in large part on those advantages, we have invested, and will continue to invest in research and development at each of our businesses to continue to develop differentiated, vertically-focused cloud-based offerings, which are highlighted by:

- approximately 5,800 commercial and personal property and casualty insurance products from approximately 100 carriers that Bolt is able to offer through its platform;
- ................................

Bolt's revenue grew approximately 31% from the corresponding three -month prior year period. During the three months ended March 31, 2017 , Bolt served approximately 2,100 independent commercial and personal property and casualty insurance agent customers, a number of large commercial and personal property and casualty insurance carrier-agency customers, six customers who are non-traditional sellers of commercial and personal property and casualty insurance products and one state commercial and personal property and casualty insurance exchange customer;

http://icge.ir.edgar-online.com/efxapi/EFX_dll/...feS&ID=12048582
 

Wachstum sind zwar okay, es ist aber trotzdem recht schwierig die entscheidende Hausnummer "Umsatz in 2017" taxieren.

Am ehesten geht es noch, wenn man vom Gesamtumsatz im Guidance die leichter zu taxiierdenen Umsätze von VelocityEHS und Folioddynamix abzieht, denn die Restgröße muss dann der Umsatz von Bolt sein. Aber erhebliche Unsicherheiten bleiben trotzdem.  

Summary
On May 31, the €4.2 billion revenue information solutions provider Wolters Kluwer, announced that it had made a binding offer of €250 million to purchase EH&S, sustainability and risk management software provider Enablon. At a multiple of 5.6 times Enablon’s 2015 revenues, Wolters Kluwer placed a high value on its new acquisition. This reflects Enablon’s success in growing its revenues in double digits for several years, its relentless commitment to product innovation and the success of its ecosystem strategy which has delivered financial success to Enablon and numerous partners. This report helps market participants to understand the terms of the deal, the reasons behind the high valuation and the potential next steps for Enablon as a business unit in the Wolters Kluwer Legal & Regulatory division.

http://research.verdantix.com/index.cfm/papers/...s-software-market/-
 

Verdantix forecasts the global EH&S software market will grow at an 11% CAGR from $930 million in 2016 to $1.41 billion in 2020.

http://www.verdantix.com/blog/...ak-through-1-billion-barrier-in-2017
 

aus.

Info 1: Revenues of Velocity was in 2014 more than 34 million
„Revenue has increased about 35 percent annually in recent years and was more than $32 million in 2014, Trout said.“
http://www.chicagobusiness.com/realestate/...art-space-to-velocityehs


Info 2: Revenues of Velocity increased to 43 million in 2015 from more than 34 million in 2014
„Revenue Growth: 26% for 2015 compared to 2014“
http://www.actua.com/wp-content/uploads/2016/02/Q4-slides-FINAL.pdf


Info 3: Revenues of Velocity increased to 51.6 million in 2016 from 43 million in 2015
VelocityEHS’ revenue grew approximately 20% from the prior year, and it finished the year serving close to 12,600 customers; approximately 75% were platform customers, consisting of large and mid-market North American businesses in a wide variety of industries.
http://icge.ir.edgar-online.com/efxapi/EFX_dll/...0CS&ID=11968988


Info 4: Revenues of Velocity will increase to 60 million in 2017 from 51,6 million in 2016 by my very conservative estimate of 16%-17% growth in 2017.
 

Info 1: Revenues of FolioDynamix was in 2014 more than 30 million
"Subject to final accounting (including purchase accounting) adjustments, FolioDynamix brings to Actua a current net revenue run rate of over $30 million (approximately $50 million on a gross revenue basis), with positive earnings and cash flow. The company grew over 40% in 2013, and growth is expected to continue at that rate in 2014."
http://www.foliodynamix.com/news/...h-management-technology-platform/

Info 2: Revenues of Foliddyamix increased to 36 million in 2015 from more than 30 million in 2014
"Revenue Growth: 18% for 2015 compared to 2014"
http://www.actua.com/wp-content/uploads/2016/02/Q4-slides-FINAL.pdf

Info 3: Revenues of Foliddyamix was flat with 36 million in 2016 against 2015
"FolioDynamix’s  revenue  remained  relatively  flat  compared  to  the  prior  year°
http://icge.ir.edgar-online.com/efxapi/EFX_dll/...GFS&ID=11968988

Info 4: Revenues of Foliodynamix will increase to 40 million in 2017 from 36 million in 2016 by my very conservativ estimate (buy of SAS in 2016) of 11% growth.