viewBATM Advanced Communications Ltd

BATM stays bullish on 2019 growth


The group said it has begun proof-of-concept trials for large potential clients which could bring in "very substantial" revenues

Network cables

Quick facts: BATM Advanced Communications Ltd

Price: 46.4 GBX

Market: LSE
Market Cap: £204.29 m

• Divisional spread across telecoms, cybersecurity, and bio-medical sectors

• Exposure to “growth trends” in virtual network management and medical equipment

• Expects 2019 earnings to be ahead of market expectations


What BATM Advanced Communications does

BATM Advanced Communications Ltd (LON:BVC) provides solutions for networking and cybersecurity as well as for bio-medical and bio-waste treatment through its two operating divisions.

The networking and cyber division offers telecoms and network solutions, focusing on advanced software and cybersecurity, to tier 1 businesses and governments worldwide.

The bio-medical division focuses on the development and provision of diagnostic lab equipment as well as products to treat biological waste products from the medical, agricultural, and pharmaceutical sectors.

The group is listed on the main board of the London Stock Exchange and is headquartered in Israel with offices in North America, Europe, and the Far East.


How is it doing 

For the six months ended 30 June 2019, the AIM-listed company saw its underlying earnings (EBITDA) rise to US$3.9mln, up from US$0.5mln a year earlier, while it posted an adjusted operating profit of US$1.6mln against a loss of US$0.6mln loss a year earlier.

The group, a leading provider of real-time technologies for networking solutions and medical laboratory systems, saw its group revenue slip to US$56.2mln, down from US$58.2mln a year earlier, although on a constant currency basis, revenue rose slightly to US$58.4mln.

At 39.7p per share, the company is valued at £178.75mln

What the boss says: Zvi Marom

Marom said in October that the company is ahead of schedule in its Arm partnership and is already in "several proof-of-concept" discussions with large potential customers which Marom believes will start generating revenue as early as 2020.

He said that people are starting to realise that the virtual 5G network is "not just another similar methodology fro handheld devices", but actually a "gamechanger" for economies.

"We will all be blond, tall, blue-eyed and rich," said Marom.


Watch the interview


Inflection points

  • In June, BATM said it had developed a new technology under its long-standing partnership with NXP Semiconductors which will enable a significant increase in computer network traffic without requiring an increase in computing power
  • The company entered a strategic technology partnership with Clavister, a cybersecurity specialist, in early June. Under the agreement BATM’s software development and design business Telco Systems will work with Clavister to run a virtualised platform
  • In October, BATM said proof-of-concept deal discussions had started for its 5G virtual network developed with chip designer ARM.
  • 5G virtual networks are a significant opportunity for the business added Zvi Marom



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