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On December 14th, 2020, Bidenergy Limited changed its name to Bill Identity Limited.
OPA - Optima Technology Group
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Dona Ferentes
A little bit OC⚡DC
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Bill Identity Limited (BID), formerly Bidenergy Limited, is an Australia-based technology company, which provides utility spend management services through the deployment of its cloud-based software platform.The Company operates in Australia, New Zealand, the USA, United Kingdom, and Europe and deliver Utility Bill Expense Management Solutions, trusted by many complex businesses to automate manual processes,which improve data visibility, integrity, and control.
I notice BID is the "High Conviction Pick" by Centennial Asset Mgmt, as featured in the Future Generations (FGL and FGG) November Newsletter (each fund manager rotates to a spot to talk about themselves and their investment choices). With BID with a market cap of $180mill, they believe it is a leader in its field with plenty of scope to grow, predominately servicing large enterprises with access to small and intermediate sized ones through intermediaries. Sales are growing but still cashflow negative, though this is narrowing & may change soon.
I notice BID is the "High Conviction Pick" by Centennial Asset Mgmt, as featured in the Future Generations (FGL and FGG) November Newsletter (each fund manager rotates to a spot to talk about themselves and their investment choices). With BID with a market cap of $180mill, they believe it is a leader in its field with plenty of scope to grow, predominately servicing large enterprises with access to small and intermediate sized ones through intermediaries. Sales are growing but still cashflow negative, though this is narrowing & may change soon.
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On December 7th, 2022, Bill Identity Limited (BIL) changed its name and ASX code to Optima Technology Group Limited (OPA).
