If you'd invested in: Blue Prism and Inmarsat
Software firm Blue Prism has doubled revenue in 12 months, while satellite operator Inmarsat has seen earnings plummet.
If only...
Blue Prism (Aim: PRSM) specialises in providing software that automates repetitive white-collar tasks for accountants, banks, and law firms. Investors who bought on flotation in 2016 have made 1,081%. For the year to 31 October revenue more than doubled to £24.5m from £9.6m. It also secured 609 software deals, a fivefold increase from 189 previously, due to a significant rise in new customers 324 from just 96 the year before.
Be glad you didn't buy
Inmarsat (LSE: ISAT) operates a global satellite network, offering mobile and fixed communication services. Its shares dropped to a five-year low in November when the company cut its revenue guidance for the year and struck a cautious note over its fast-growing aviation business, which has been installing in-flight broadband for airlines. Indeed, the main thing stopping Inmarsat's shares from diving further has been takeover speculation.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
Alice is now Consumer Editor at The Sun and covers everything from energy bills to Social Security.
-
Energy, healthcare and utilities: how to tap into AI in the real economyAI promises to add to the productivity and profitability of much of the economy beyond tech. Here’s two themes to tap into AI in the real economy.
-
How Junior ISAs could help with inheritance tax planningLooming inheritance tax changes will limit how much pension wealth can be passed on but more people may be maxing out their loved ones’ JISA allowance instead
-
A clear signal to sell on satellitesFeatures Satellite operator Inmarsat is plummeting back to earth. Investors should eject, says Alex Williams.
-
Three stocks for income
Opinion Professional investor Simon Gergel picks three British income stocks with strong fundamentals.