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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Actual Experience plc    ACT   GB00BJ05QC14

ACTUAL EXPERIENCE PLC

(ACT)
  Report
Delayed Quote. Delayed London Stock Exchange - 09/29 11:35:24 am
100 GBX   --.--%
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Actual Experience : Second large scale customer deployment order

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06/01/2018 | 02:13am EDT

01 June 2018

Actual Experience plc

(the 'Company' or 'Actual Experience')

Second large scale customer deployment order

Actual Experience plc (AIM: ACT), the Analytics-as-a-Service company, is pleased to announce that it has received an order for the full-scale deployment of its analytic software within a large enterprise customer of one of its four Channel Partners. This is the Company's second full-scale deployment, following the announcement of a c. £1 million per annum implementation received via another Channel Partner in April 2018. The rollout, which began in 2017, is expected to expand to full-scale within the next three months and is predicted to generate revenues of approximately £240,000 per annum for the Company, on a multi-year basis.

In this deployment, the enterprise customer will be using the Company's Analytics-as-a-Service across its locations to provide visibility over its digital supply chain to identify factors impacting upon user experience.

The length of time it takes for customers to deploy at scale can vary up to two years. In this case, it has taken almost a year to develop from small to large scale. The size of this deployment, in conjunction with the one previously announced, further validates the Board's belief that large enterprise customers have the potential to generate, on average, annual revenues of $500,000.

Dave Page, CEO of Actual Experience, commented: 'We are delighted that following a successful small-scale deployment, this large and complex enterprise customer has decided to roll out our analytics across its digital supply chain at a much larger scale.

'This second full-scale rollout of our analytics software to another of our Channel Partners' large enterprise customers demonstrates Actual Experience's growing momentum and represents an exciting endorsement of our technology and Channel Partner strategy. With a growing number of small deployments across our Channel Partners' customers, each with the potential to scale, we are confident in the prospects for the business.'

Enquiries:

Actual Experience plc

via Alma PR

Dave Page, Chief Executive Officer
Steve Bennetts, Chief Financial Officer

N+1 Singer Advisory LLP

Tel: +44 (0)207 496 3000

Shaun Dobson
Lauren Kettle

Alma PR

Josh Royston

Caroline Forde

Robyn Fisher

Tel: +44 (0)7780 901979

Tel: +44(0) 7779 664 584
Tel: +44 (0)7540 706191

About Actual Experience

Actual Experience's analytics provide the digital Voice of the Customer. This is a real-time, data-driven view of what end users would say about the quality of a company's digital products and services, and why. Our customers can analyse everything that impacts the experience quality in their digital supply chains, for any service, type of user or the Internet of Things. It gives them complete transparency from the point of provision to the point of use and whether inside or outside their business's control. The insights can be used to make continuous improvements to their business performance.

Actual Experience is a listed-company on the London Stock Exchange (ACT). Our development Headquarters are in Bath, UK, and we also have offices in London. Actual Experience's unique digital analytics as a service is founded on ten years of cutting-edge research at Queen Mary University of London.

www.actual-experience.com

Disclaimer

Actual Experience plc published this content on 01 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 June 2018 06:12:06 UTC

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Financials
Sales 2019 1,93 M 2,49 M 2,49 M
Net income 2019 -5,91 M -7,60 M -7,60 M
Net cash 2019 6,90 M 8,87 M 8,87 M
P/E ratio 2019 -8,59x
Yield 2019 -
Capitalization 47,6 M 61,3 M 61,2 M
EV / Sales 2018 79,7x
EV / Sales 2019 23,7x
Nbr of Employees 89
Free-Float 76,9%
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Mean consensus -
Number of Analysts 1
Average target price
Last Close Price 1,00 
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Managers
NameTitle
David John Page Chief Executive Officer & Director
Stephen James Davidson Non-Executive Chairman
Stephen Roy Bennetts Chief Financial Officer, Secretary & Director
Jonathan Michael Pitts Chief Science Officer
Martin Woods Chief Technology Officer
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