Rhipe Business Update

TL;DR

Ripe is a small-cap business that sells Microsoft Office 365 and cloud storage, showing impressive financial growth and scalability.

Transcript

today and welcome to this week's video my name's robert goudie and this week we have a look at ripe now if you have enjoyed our videos in the past would be great if you could subscribe to the channel that would be great and for those that are already subscribed thank you very much for your support this week having a look at ripe it's selling Clair ... Read More

Key Insights

• 👨‍💼 Ripe is a small-cap business worth less than $400 million, but its financials and growth potential make it an attractive investment opportunity.
• 💪 The company's profitability and cash flow are strong, with no debt and significant increases in cash reserves.
• 😶‍🌫️ Ripe's focus on selling Microsoft Office 365 aligns with the market demand for cloud-based productivity tools, making it a scalable and profitable venture.
• 👹 The recent partnership with a Japanese business further expands Ripe's market reach and revenue potential.
• 💗 Ripe's customer base has grown by 77% in the past year, indicating a high level of customer satisfaction and the likelihood of customer retention.
• 👨‍💼 Microsoft Office 365 is widely used by businesses worldwide, creating a near-monopoly in the industry that benefits Ripe's sales and revenue.
• 😶‍🌫️ The company's success in the cloud storage sector, with a 200% increase in Azure sales, further strengthens its position in the market.

Questions & Answers

Q: What are some examples of the financial growth Ripe has achieved?

Ripe's financials show impressive growth, with gross sales up 28%, net revenue up 36%, and after-tax profit up 103%. They have also increased cash reserves by $2.8 million and executed a $2 million share buyback.

Q: What products does Ripe primarily sell?

Ripe mainly sells Microsoft Office 365 subscriptions, along with other cloud-based products. Office 365 is their biggest revenue generator, with strong demand and a loyal customer base.

Q: How does Ripe plan to expand its market reach?

Ripe recently secured a joint venture with a Japanese business to sell Office 365 in Japan, a country with a wealthy and Microsoft-heavy user base. This partnership opens up new potential customers and revenue streams for Ripe.

Q: What is driving the growth of Ripe's customer base?

Ripe's customer base has been steadily growing, with 264,000 subscribers in June 2018 increasing to 600,000 in one year. They offer academic and paid subscriptions, with a high likelihood of retention due to the value and efficiency of Office 365.

Summary & Key Takeaways

• Ripe is a small-cap business focused on selling Microsoft Office 365 and cloud storage through their Ripe Now platform.

• They have shown significant financial growth, with gross sales up 28%, net revenue up 36%, and after-tax profit up 103%.

• The company has no debt, has increased cash reserves by $2.8 million, executed a $2 million share buyback, and paid out $3 million in dividends.