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KYP - Kinatico Limited

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CV Check Ltd operates an online global screening and verification (SAV) service through its website cvcheck.biz. The Company has developed an online interface that enables users to engage CVCheck to access both primary and third party information data providers and data sources such as police databases, traffic records and professional membership organisations to verify, screen and check personal information.

It is anticipated that CV1 will list on the ASX during August 2015.

http://cvcheck.biz
 
I saw their banner on ASF. That is why I am choosing them for Aug Tipping Comp. Sorry that I post no real info nor charts as I typing from my iPhone. Each time I sit on my computer, I have other things to do (like work) and I forget about tipping.

The Quarterly Report release in April this year shows a first time cash flow positive results. Since Jan 2019 (or was it Oct 2018??? I need my computer), the share price rocketed up!

Again I need to get to my computer to show everyone these results.

Sorry for an uninformative post. I will do a proper post later this week, before July is over.
 
OK, I said I will try to put some valuable info. Does anyone know of CV Check.Today's market cap is 47.7 million.

I was first made aware of CV1 via this article:
https://www.livewiremarkets.com/wires/a-cheap-growing-hr-tech-stock

This is the first quarter that CV1 was cash flow positive.
444d6gglc4nnby.pdf
Net Cash $526,000.

This announcement (19 June 2019) put a rocket under CV1
445yrmsxknl90g.pdf
Annualised Recurring Revenue up 32% CAGR

5 July 2019, CV1 achieves its 3rd positive cash flow quarter
446dj9hnr7f8x1.pdf

I am tipping it for Aug competition. I am not gamed to put real money into CV1. Something is holding me back??
 
This is the 6 month chart. Sorry! No commentary from me. I only learnt about CV1 roughly 1 or 2 weeks ago when I finally caught up some backlog emails. As always, I only learnt about a great illiquid stock while it sits at its "current" peak. Today it closed at $0.185. Its best is $0.242. Should I spend more time investigating CV1????

CV Check 6 Month chart 29 Jul 2019.png
 
I will tip CV Check again for Sept 2019 tipping comp.

Didn’t do well for Aug. Maybe this Prelim Final will do the trick???

https://www.asx.com.au/asxpdf/20190830/pdf/4481x5qj1ly8yg.pdf

It’s a near startup, did a capital raise, experienced a boom to $0.24 before coming back to Earth - now at $0.14. At least its loss reduced by 57%. I am bit at a loss as to why revenue is down 1%. They are calling themselves a growth company.

If only I had speccy funds??? If only I had any REAL funds; plenty of better companies to put real money into first. I still have an emotional soft spot for CV1 but emotional soft spots shouldn’t influence decision making (did I say that???? - I was waiting for someone wiser to say that).
 
On October 20th, 2022, CV Check Limited (CV1) changed its name and ASX code to Kinatico Limited (KYP).
 
The name change will be more befitting a company that does so much more than just background checks on CVs. We are confident that this new brand name will quickly become synonymous with the provision of broad-ranging ‘Know Your People’ solutions, encompassing end-to-end workforce compliance management, as well as pre-employment screening and verification services.

Importantly, your Board remains committed to leveraging off the goodwill created over time by our existing core brands, with the company’s:
• Real-time workforce compliance management services continuing to be delivered via the company’s core software-as-a-service RegTech solution, Cited;
• Range of pre-employment checks still to be offered under the CVCheck banner; and
• Native mobile application, OnCite.
 
Took a small position today, I have been looking at it for a while and the update this morning was enough to tip me over the edge! Not my usual sort of business, but I think its quite cheap if it continues to execute as it has the last 18 months. First new company in the PF this financial year!
 
in this day and age of trying to make things simpler, Compliance would be a candidate for the opposite.

"Kinatico is successfully transforming as an aggregator of Reg Tech. The Company focus is shifting from transactional verification of credentials to higher-value software providing know your people compliance solutions. Our comprehensive service offering will continue to provide simplified solutions for organisations who need to manage their own compliance requirements."

Investment Thesis
KINATICO - AGM PRESENTATION
✓ Profitable
✓ Growing
✓ $10m Cash in bank
✓ Debt free
✓ Proven and expanding solutions
✓ At the start of a strong existing customer base as the foundation of our pipeline.

$50million market cap.
Screenshot_20240122-141238_CommSec.jpg

.
let's hope 2 heads are not better than one, nor the dish runs away with the spoon. Feb comp entry. 11.5c
 
galumay said:
Now you are making me nervous @Dona Ferentes, I doubt anyone has tipped the sort of business I like to own in a tipping comp before! Hopefully yours is the midas touch, not the touch of death!
Click to expand...
a month is a short time, Feb especially so, but as Mr Gumnut said elsewhere, "It is amazing though how posting on a stock makes one think about the stock and the market in general. A good idea imo."
 
Dona Ferentes said:
a month is a short time, Feb especially so, but as Mr Gumnut said elsewhere, "It is amazing though how posting on a stock makes one think about the stock and the market in general. A good idea imo."
Click to expand...
"Kinatico is successfully transforming as an aggregator of Reg Tech. The Company focus is shifting from transactional verification of credentials to higher-value software providing know your people compliance solutions. Our comprehensive service offering will continue to provide simplified solutions for organisations who need to manage their own compliance requirements."
Click to expand...

I must admit, so many of these tech companies fail to answer "what do you do ?". The above quote ( not the quote of @Dona Ferentes on Feb being an especially short month, which I should say is very clear, ) is difficult for non industry people to get their heads about, and for all I know could be a monumental snow job.

I speak as a grazer and one who snores during AGM presentations. Tell me what you do? Is it profitable? Are you a going concern? Is there a market every day for your shares if I wish to sell at a reasonable proce. Price too. that is what I want to know.

Nonetheless, someone is fine with spending two big ones a day buying the stock, admittedly a few weeks so who am I to question, although there were no Sales today. Or should I say Saas today.

gg
 
cheap exposure ... enter it in a comp, watch the buyer and sellers, hopefully learn more about the company, don't buy and feel pain when it slumps. now 10.5c

It is amazing though how posting on a stock makes one think about the stock and the market in general. A good idea.
Click to expand...
 
still got $9mill in cash...
prudent spend
Screenshot_20240221-123852_Drive.jpg

and, moving forward ....
"The further improved financial performance of the company remains a management priority for the remainder of the year. Ongoing focus remains on operational efficiency, solution enhancement, increased revenue (particularly SaaS revenue growth) and overall profitability.

"Notwithstanding the challenging macro-economic conditions, Kinatico continues to build its transformative position as a leader in simplified daily compliance management. Our considered approach is designed to manage the current economic reality whilst ensuring we build a scalable operation that is ready to take advantage of the accelerated growth and expansion as soon as the opportunity arises.

"Kinatico is attentive to the retention of key staff, and the alignment, leadership and growth of our people. We recognise that our people are key to supporting our solutions, delivery and profitable growth. I would like to thank the Kinatico executive team for their focus and hard work along with the tireless efforts of all Kinaticans. (!)
 
A good result in line with expectations, slightly increased gross margins which they flagged earlier in the year as likely due to contract cycles, encouraging to see an impact already, will be watching that metric closely to confirm guidance execution! Nearly back to what I paid for them!
 
Trading update today - first one they didn't title as a "Flash Update", something I raised with management, probably coincidence, but maybe they took my point! SaaS up to 36% of total Revenue, but Revenue growth continues to be flat to negative. The move to SaaS helps margins but thats a short term impact, for the business to grow in value it will need to show it can grow revenue, if it cant then the thesis is broken for me.

Screenshot 2024-04-10 at 8.44.10 am.png
 
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