Oct 04th 2013 - Edison Investment Research today published a report on Brainjuicer (BJU.L, LSE:BJU, LON:BJU) entitled "Better Behaviour". In summary, the report says:
Profitability bounced strongly in H1, on modest revenue growth against demanding comparatives and with costs under close control. BrainJuicer is strongly cash-generative, with a capital-light business model. While continuing to invest in research tools and new markets, it is sharing the benefit by returning £1.5m cash to shareholders via a special dividend. Our FY13 and FY14 estimates were unchanged, with the perennial proviso that the outturn is heavily biased to the last few weeks of the year. Strong forecast earnings growth brings the rating in to around the global sector average.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »