WANdisco stands for Wide Area Network Distributed Computing, and we make software happen.

This is because our technology is the secret ingredient behind the products that you use every day – from mobile phones to machinery. We are an active member of the community that develops the world’s most popular Source Code product: Subversion, and our technology is used by half of the world’s software developers.

Our customers include a host of Fortune 1000 companies such as Hewlett Packard, Intel, John Deere, European Southern Observatory, Barclays Capital, Walmart, GE and Cisco.

How it works

With our patented technology, software developers in distributed locations can work simultaneously, creating a seamless global network. Users at every site where WANdisco is installed have local access to the same data at all times, which means that they can make changes locally and see each other’s changes immediately.

We are proud to have a 98% customer renewal rate – which is driven by compelling ROI data: a recent study from Forrester Research has shown that our Subversion MultiSite offers a 167% return on investment with a nine-month payback period.

The company

Co-founded in 2005 by David Richards, Jim Campigli and Dr Yeturu Aahlad, WANdisco has dual headquarters in Silicon Valley and Sheffield, England. WANdisco grew, without raising any private equity, venture capital or angel finance to become a leading provider of global collaboration software to the software development industry.

On June 1st, 2012 the company had a highly successful IPO on the London Stock Exchange raising over $24 million. The IPO was oversubscribed by over 300% and the list of investors included Fidelity, Legal & General, Blackrock, Artemis, Hargreave Hale, Cazenove, M&G, Octopus and Standard Life. WANdisco's ticker is WAND.L


http://www.wandisco.com/

If they can keep the cash burn under control, the share should rally.

D.I.S.C.O :-))

brave boy DC and well done
hope this is a new(ish) position and not one from 2014/15

2017 position . :-)) Just hope they have the cash burn under control?

just hope you don't get shy about taking a decent profit :-)

Tomorrow before final results on Wednesday.:-)) Thanks

Preliminary Results
RNS
RNS Number : 8059Y
WANdisco Plc
08 March 2017
 
8 March 2017
WANdisco plc
("WANdisco", the "Company" or the "Group")
 
Preliminary unaudited results for the year ended 31 December 2016
 
WANdisco (LSE: WAND), the world leader in Active Data Replication™ announces preliminary unaudited results for the year ended 31 December 2016.
 
Financial highlights
 
·     Total bookings for the year increased 72% to $15.5m (2015: $9.0m)
o  Big Data and Cloud bookings rose 184% to $7.1m (2015: $2.5m)
o  ALM bookings rose 29% to $8.4m (2015: $6.5m)
·     Revenue for the year rose 4% to $11.4m (2015: $11.0m)
·     Cash overheads1 were reduced by $11.2m to $23.4m (2015: $34.6m)
·     Adjusted EBITDA2 loss was more than halved to $7.5m (2015: $16.0m loss)
·     Cash at year-end of $7.6m (31 December 2015: $2.6m)
·     Cash burn reduced to $0.2m in Q4 2016 (Q4 2015: $6.9m)
·     Debt-free as at 31 December 2016
 
Operational and strategic highlights
 
·     Added 15 new Big Data and Cloud Fusion customers for our patented WANdisco Fusion ('Fusion') technology
·     Significant progress achieved in developing our channel partner network
o  Strategic partnership agreements now in place with IBM, Amazon and Oracle, and seeing good contract momentum as a result of these channel partners
o  Secured landmark IBM OEM agreement for WANdisco Fusion
·     WANdisco Fusion is now ideally positioned to leverage the rapid growth in the Big Data and Cloud markets
·     Major contract wins include:
o  $1m order for Fusion to be deployed as part of Dubai's Smart City Project through partnership with Hewlett Packard Enterprise
o  $1.5m order for Fusion from a major US Bank in association with Oracle
o  $1m order for Fusion from a major multinational automobile manufacturer in association with IBM
·     Renewed sales focus generating positive margin contribution from ALM product set (ALM now referred to as Source Code Management)
·     Filed 8 new patents (both US and foreign) and had 6 US patents issued in 2016
·     Strong order book and sales pipeline going into 2017
 
1
Operating expenses, excluding amortisation and depreciation, exceptional items, equity-settled share-based payment and capitalised product development costs - see note 5
2
EBITDA loss excluding exceptional items, equity-settled share-based payment, capitalised product development costs and acquisition-related items  - see note 5
 
David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:
 
"Over the past year, as the Big Data and Cloud markets have continued to expand, we have seen global enterprises increasingly require the ability to move large volumes of data at speed across both on-premises and cloud environments. WANdisco Fusion is the only solution available in the world that enables the replication of continuously changing data, whilst guaranteeing this data is continuously available, consistent and delivered with zero business disruption.
 
"As a result of this significant expansion in our core Cloud markets, our total bookings increased by 72% during 2016 and 97% in Q4 2016. Our OEM with IBM, as well as our other channel relationships, have been central in driving new business, by enabling us to take advantage of this market opportunity whilst reducing our operational cost base throughout the year. This has resulted in a $11.2m reduction in overheads and a halving of the EBITDA loss from 2015 to 2016 bringing us much closer to cash flow breakeven.
 
"We continue to build on this momentum with a strong new business pipeline which, combined with a significantly reduced cost base together will further underpin our progress towards profitability."
 
A webcast of our results presentation will be available on our website later this morning: https://www.wandisco.com/investors 
 
WANdisco will also be holding a presentation for private and retail investors at 4.00pm on Thursday 9 March 2017 at No.1 Cornhill, London EC3V 3ND. Admittance for the event is strictly limited to those who register their attendance in advance. For further information and to register attendance, please contact Vigo Communications via email on wandisco@vigocomms.com.

Significant customer win and Q1 update
RNS
RNS Number : 0568D
WANdisco Plc
24 April 2017
 
24 April 2017
WANdisco plc
("WANdisco" or the "Company")
 
Significant customer win and Q1 update
 
-      WANdisco secures record $4.1 million contract with major financial institution
-      Delivered cashflow neutral performance in Q1 2017
 
 
WANdisco (LSE: WAND), the world leader in Active Data Replication™, announces its largest ever contract with a major financial services multinational (the "Client"). The agreement was signed in Q1 2017, is valued at approximately $4.1 million and will see the Client deploy the Company's patented Big Data and Cloud product, WANdisco Fusion ("Fusion"), on a volume limited, perpetual license.
 
Fusion was selected after an extensive period of testing by the Client and was deemed to be the only enterprise-grade solution able to support critical Cloud and Big Data applications. Central to selecting WANdisco was Fusion's capability to enable the Client to move active, critical data seamlessly between both primary and disaster recovery sites and the Cloud without any downtime.  
 
The Company is also pleased to report that it ended Q1 2017 with cash of $7.6 million, reducing cash burn in the quarter to zero. The combination of strong prior quarter bookings, good cash collection and expense efficiencies realised in the quarter, along with the receipt of the annual R&D Tax Credit from HMRC all contributed to zero cash burn in the quarter.
 
David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:
 
"I am delighted to announce our largest deal since the inception of WANdisco. This highly competitive and technologically complex mandate reinforces our belief that Fusion is the only solution that can enable organisations to seamlessly move large volumes of critical data without any downtime or service disruption - something many thought impossible.
 
"We continue to see increasing traction with WANdisco Fusion, which is providing the foundation for our strong order book and sales pipeline for the current financial year."
 

Starting to come right. Sp starting to show progress.

WANdisco PLC (WAND:LSE) set a new 52-week high during today's trading session when it reached 580.00. Over this period, the share price is up 293.22%.

WANdisco confirms contract win
StockMarketWire.com
WANdisco has secured a new contract with a major American healthcare corporation serving 50m Americans in all 50 states for the deployment of WANdisco Fusion, the Company's patented Big Data and Cloud product.

The contract was secured directly by WANdisco on a 3 year subscription licence agreement.

The Client plans to deploy business-critical strategic patient data across a new Big Data/Cloud infrastructure which has stringent requirements around continuous availability of the applications and data.

Fusion was therefore selected as it was the only enterprise-level solution that could transfer the large volumes of continuously changing critical patient data generated by the Client to the Cloud without impacting its availability and consistency.





Story provided by StockMarketWire.com

Trading Update
RNS
RNS Number : 9427L
WANdisco Plc
25 July 2017
 
25 July 2017
 
WANdisco plc
("WANdisco," the "Company" or the "Group")
 
Trading Update
 
-      Record H1 bookings of $10.2 million, up 73% vs H1 2016
-      Momentum underpinned by strong traction with Fusion
 
WANdisco (LSE: WAND), the world leader in Active Data Replication™, provides the following  trading update for the six months ended 30 June 2017.
 
Key financial highlights
 
·      Record total bookings secured in H1 2017, up 73% to $10.2 million (H1 2016: $5.9 million)
·      Big Data bookings secured for WANdisco Fusion ("Fusion") up 173% to $7.0 million (H1 2016: $2.6 million)
·      Source Code Management bookings of $3.2 million (H1 2016: $3.3 million)
·      Cash on balance sheet of $9.9 million, inclusive of $3.0 million from new growth capital facility
·      Cash burn (before borrowings on above-mentioned facility of $3.0 million) reduced to $600k in H1 2017 (H1 2016: $5.3 million) due to increased bookings and cash collections alongside significant reduction in cash overheads
 
Key operational highlights 
 
·     Launched WANdisco Fusion 2.10, extending capabilities to Network File System ("NFS") devices which expands the Group's addressable market by in excess of $1 billion per annum
·     Strong Fusion orders across multiple verticals and solid sales pipeline continue to underpin medium term growth expectations
·     Significant contract wins for Fusion in the period include:
o  Record $4.1 million contract with a major financial services multinational
o  First contract in retail with $2.0 million order from major retailer
o  $650k order with US Healthcare corporation - Fusion's first win in healthcare
·     Announced a new $5.0 million term loan facility with Silicon Valley Bank, with an additional $3.0m revolving credit facility
·     Fusion has adopted Oracle's Maximum Availability Architecture, increasing potential to add significant sales momentum to the existing channel partnership
 
David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:
 
"The acceleration of bookings in the first half is a key highlight for the Group. We have seen a significant increase in demand for Fusion across a number of key verticals, further demonstrating the broad appeal and requirement for our applications. From financial services to automotive, and more recently healthcare and retail, Fusion continues to establish itself as the only solution capable of enabling organisations to seamlessly move large volumes of critical data without any downtime or service disruption.
 
"The combination of strong bookings, good cash collection and tight cost controls delivered in the period significantly reduced our cash burn to a modest $600k. This, combined with the new bank facility now in place, means we have the capital available to fund our future growth without further dilution, and the working capital to fuel sales momentum. 
 
"We continue to see significant traction with Fusion through our OEM with IBM and channel partnerships with Oracle and Amazon, all underpinning our confidence in the second half of 2017."

WANdisco secures record bookings
StockMarketWire.com
WANdisco (WAND), a cloud computing company, said total bookings in the first half reached a record level, rising 73% year-on-year to $10.2 million.

Big Data bookings secured for WANdisco Fusion were up 173% to $7 million.

Source Code Management bookings were $3.2 million, down from $3.3 million a year ago.

David Richards, chief executive officer and interim chairman of WANdisco, said strong bookings, good cash collection and tight cost controls significantly reduced cash burn to $600,000.

"This, combined with the new bank facility now in place, means we have the capital available to fund our future growth without further dilution, and the working capital to fuel sales momentum," he said.

At 9:55am: (LON:WAND) WANdisco share price was +42.5p at 670p


Story provided by StockMarketWire.com

Notice of Interim Results & Investor Presentation
RNS
RNS Number : 2028M
WANdisco Plc
27 July 2017
 
27 July 2017
 
WANdisco plc
("WANdisco" or the "Company")
 
Notice of Interim Results and Investor Presentation
 
WANdisco (LSE: WAND), the world leader in Active Data Replication™, will announce its interim results for the six months ended 30 June 2017 on Wednesday 6 September 2017.
 
There will be a presentation to analysts on the morning of results and an audio webcast of the presentation will be made available on the Company's website at 10.00am on the day.
 
WANdisco will also be holding a presentation for private investors at 4.00pm on Thursday 7 September 2017. Admittance for the event is strictly limited to those who register their attendance in advance. For further information and to register, please contact Vigo Communications via email on wandisco@vigocomms.com.

Nice to see such a significant reduction in cash burn at last. Hope they sustain that improvement.

i'm sure that i got badly burned by this one a good while back - as did a great many others

however, i have seen a recent bullish assessment (from early july), and though sp has moved on a bit since then, it just may be worth a small stake ahead of the figures due early next month

very low volumes, MM-only, wide spread :-(

Posted elsewhere by 'Gary Megson':

Amazon and Wand

£10 before Christmas. ;-))

Will be taken out by the big boys. A one off product.

Well if they pay £12 a share I shalln't argue ;-)