20/12/2024 09:38

Nuix Ltd (NXL) $6.00

Shares in NXL were clobbered after their recent trading update at their AGM. While they reiterated their FY25 outlook for all key targets, the market focused on the comment that “sales are not linear over the course of the year, and our current expectations are that growth will be weighted towards the second half of the fiscal year.”

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20/11/2024 09:31

Nuix (NXL) $6.16

NXL is a company with a storied (relatively short) history on the ASX, listing in December of 2020 at an IPO price of $5.31, having raised $400m through Macquarie, and was one of the hottest IPOs of the year. Shares were above $12 by January 2021, but things started to unravel.

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19/02/2024 17:00

Nuix Ltd (NXL) $1.72

NXL -11.57%: the data analytics software company gave back some recent strength today despite a 1H result that reads well. The company came in at the top end or above recent guidance for the half, however, the market wanted more given the stock’s ~30% gain in recent weeks.

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17/01/2024 09:25

Nuix Ltd (NXL) $1.63

The data analytics software company hit two-year highs last week; however, the stock has already fallen ~20% following a trading update released on Friday the 12th. The update, in our view, was more positive than the market has given the stock credit for and looks to be another data point that shows the progress that the company has made after a few lean years with multiple distractions.

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26/07/2023 08:44

Nuix (NXL) $1.14

The investigative data analytics company hit a 3-month high last week on the back of a big upgrade to FY23 guidance after the year-end. The company will release its FY23 report on August 18 and expects to report a ~15% increase in Annualized Contract Value (ACV) and a 51-61% increase in Underlying EBITDA.

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30/11/2021 17:21

Nuix (NXL) $2.26

NXL -11.72%: shares in the investigative analytics company struggled on the day of their AGM after a disappointing trading update for the start of FY22. Nuix has seen revenue for the first four months up 10% but EBITDA fall 27% as wage costs bite. More concerningly, Annualized Contract Value (ACV) is currently flat on FY21 suggesting we shouldn’t expect...

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20/10/2021 09:21

Flagship Growth Portfolio

This MM portfolio added +4.26% last week compared to the index which only gained +1.29%, we enjoyed strong performances from Crown Resorts (CWN), OZ Minerals (OZL), Independence Group (IGO), Xero (XRO), a2 Milk (A2M) and HUB24 (HUB) while IAG Insurance (IAG) was the only major drag across our holdings.

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14/10/2021 09:24

Nuix Ltd (NXL)

In September we saw the following 4 stocks removed from the ASX200 – G8 Education (GEM), NRW Holdings (NWH), Nuix Ltd (NXL) and Westgold Resources (WGX). A great rule of thumb when investing is a really good reason is required to go against the trend and buy a stock dropping out of the ASX200, however there are exceptions as there tends to be right across the investment landscape.

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30/08/2021 09:03

Reporting Today (ALU, BKG, CWN, FMG, HLS, IVC, NXL, TPW, WGX)

Companies reporting today include: Adore Beauty (ABY), Altium (ALU), Crown Resorts (CWN), Fortescue (FMG), Healius (HLS), Invocare (IVC), Nuix (NXL), Temple & Webster (TPW)

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09/07/2021 09:27

Nuix Pty Ltd (NXL) v Megaport (MP1)

MM has enjoyed a +37% appreciation by MP1 over the last 3-months but we’ve been considering whether it has simply become a case of too much too fast and yesterday’s lackluster reaction to an excellent quarter, which showed record growth across all areas, supports this thought.

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