$PLUNK IPO. PVSW - SPLK: In Perspective PVSW - Q3 Ending March 31, 2012
PVSW Conference Call/Q3 Highlights
(Apr 24, 2012) Pervasive Software Reports Results for Its Third Quarter of Fiscal Year 2012
(Apr 24, 2012) Seeking Alpha - Pervasive Software's CEO Discusses F3Q12 Results - Earnings Call Transcript
See Table I below re: distribution of PVSW divisional income sources. dB growth not good. A dead end as in zero long-term competitive advantages, however, [currently] a cash cow providing PVSWs 25% quarterly R&D investmens in innovation incl. Big Data.
Q1 2012 Q2 2012 Q3 2012
Database 60% 53% 58%
Integration 35% 43% 38%
BX, BD* 5% 4% 4%
*Business Xchange, Big Data Divisions
"...Intuit recently deployed a tighter integration service for QuickBooks and Salesforce CRM with Pervasive DataCloud platform and Pervasive DataSynch technology at its core. Our Intuit Salesforce and DataCloud implementation continues to mature as we work closely with both Intuit and Salesforce. Now the cloud update for this call, you can now begin to see marketing activities appearing on Intuit's website for Intuit’s privately branded Salesforce for QuickBooks application..."- John Farr, Apr 24 Conference Call
PVSWs alliance with (NASDAQ:INTU) strengthens (also see video) viz-a-viz (NASDAQ:CRM) SalesForce integration with (NASDAQ:INTU) Quickbooks.
"...And lastly, I’m happy to say that the Big Data team recently closed a multi-year partnership with one of the world’s leading Big Data predictive analytics companies providing both commercial and custom analytics solutions for large enterprise. Now more on this new relationship in the future, we will make further announcements following initial deployments as our Pervasive Big Data products and solutions by our newest partner..." - (Source: John Farr, Apr 24 Conference Call).
Recent IPO and M&A in PVSWs Space
(Apr 27, 2012) Intuit to Acquire Demandforce for $423.5 Million
"...Demandforce generated sales of $37.5 million last year, Patrick Barry, the company’s chief marketing officer, said today in an e-mail..." Note: PVSW market Cap was $98.7M as of Fri Apr 27 close.
(Apr 25, 2012) IBM Acquires Enterprise Search Software Company Vivisimo To Boost Big Data Analytics
(April 20, 2012) Big-data investors look for the next Splunk
"...Splunk Inc's impressive debut on Nasdaq Thursday, where it doubled its $17 initial public offering price, has investors suddenly paying attention to a sector that has grown in relative obscurity: big data..."*[1.]
(Apr 19, 2012) PVSW: In Perspective Big Data IPO (NASDAQ:SPLK)
Splunk IPO'd with a $3 Billion market cap (unprofitable on appx $120M in FY 2011 revenues with losses of $11M...PVSW ignominiously closed the same day also making Headline news as one of the leading Nasdaq stocks posting largest volume decreases...(NASDAQ:PVSW) closed with a market cap around $95 milllion and is at a $50M annual revenue run rate, profitable, patented BigData technology *[1.]
Note: PVSW is scheduled to present at the B. Riley Investor Conference in Santa Monica, on May 22; the Benchmark Company Investor Conference in Milwaukee on May 23; and the Three Part Advisors Investor Conference in Boston on June 5. (Source: John Farr, Apr 24 Conference Call).
The Elephant In The Room
Is SPLK Extremely Overvalued at $3 Billion or is PVSW Extremely Undervalued at $100M? And why isn't SPLK (et al) using their arguably overvalued / fully valued shares to pick up PVSW?
1. (March 23, 2012) Is Pervasive's (NASDAQ:PVSW) Future / Shareholder Value Hiding in Plain Sight? (Including comments 1-10)
2. (Jan 28, 2012) PVSW - Q2 2012 Ending 31 Dec 2011 (Including comments 1-8)