Highly rated: can they deliver?
Results and updates covered here include those of a highly rated hydrogen energy group where sales are forecast to soar over the coming years. Elsewhere, the activities of a highly rated software group still remain a bit of a mystery us, while better value can probably be found in this provider of technology-enabled language and intellectual property services.
Sopheon: what does it do? Sopheon (AIM:SPE) calls itself a provider of software, expertise, and best practices for ‘enterprise innovation management solutions’. That’s a tough one for the layperson to understand, but their Accolade software apparently empowers companies to get to market faster with the right mix of products. It’s another company whose software delivery model is transitioning from a traditional perpetual software license business to a recurring revenue SaaS subscription business. The transition means that short term profitability takes a hit. Sopheon’s AGM statement confirmed that, since the start of the year, they have closed six new customer wins,…