Latest news with #Dropsuite
Business Wire
5 days ago
- Business
- Business Wire
NinjaOne Completes Acquisition of SaaS Backup and Data Protection Leader Dropsuite
AUSTIN, Texas--(BUSINESS WIRE)-- NinjaOne ®, the automated endpoint management platform, today announced it has completed the acquisition of Dropsuite for approximately $270 million USD to help organizations reclaim lost productivity and reduce the risk of ransomware. With the addition of Dropsuite, NinjaOne customers can unify endpoint, server, and SaaS application backup use cases, delivering a single interface for IT and enhanced productivity for employees. This acquisition is a major step forward in how we help customers improve business productivity, protect their data, and build resilience. IT teams' responsibilities span across endpoints, cloud applications, remote devices, and SaaS platforms, yet many organizations still have fragmented backup strategies, tools, and teams. This disjointed approach introduces unnecessary complexities and blind spots in IT and security. As security risks intensify and compliance demands grow, disparate backup and email archiving strategies can hinder data recovery, complicate oversight, reduce productivity, and expose organizations to significant risks like ransomware incidents. With the addition of Dropsuite, NinjaOne now has a unified backup suite that provides secure automated backup across endpoints, servers, M365, and Google Workspace, as well as real-time email archiving. By unifying these use cases in a single platform, organizations at any scale simplify work for employees and IT, and gain robust data protection, simplified backup workflows, and a stronger security and compliance posture. 'Data is everywhere – endpoints, cloud applications, home offices, remote devices, and SaaS platforms. Amid surging ransomware attacks, many organizations have a fragmented backup strategy with a patchwork of legacy endpoint tools, bolt-on SaaS protectors, and disconnected consoles,' said Phil Hochmuth, Program Vice President, Endpoint Management & Enterprise Mobility at IDC. 'This approach introduces inefficiencies and blind spots and increases the risk of operational disruptions and intentional and unintentional data loss from human error, application issues, disgruntled employees, and cyberattacks.' 'This acquisition is a major step forward in how we help customers improve business productivity, protect their data, and build resilience. The addition of Dropsuite not only expands the backup protection we offer, but it also brings a team of new Ninjas whose mindset perfectly aligns with NinjaOne's values,' said Sal Sferlazza, CEO and co-founder at NinjaOne. 'Dropsuite's commitment to customer success and product excellence will help us accelerate growth and better serve our customers. I couldn't be happier to welcome our new team members to NinjaOne.' 'Dropsuite helps organizations protect their data with intuitive yet powerful cloud backup software. Together with NinjaOne, we're even better suited to make our customers successful with one integrated console that automates endpoint and SaaS application backup,' said Charif El-Ansari, CEO at Dropsuite. 'We will continue to solve our customers' biggest challenges together.' Learn more about NinjaOne Backup here: About NinjaOne NinjaOne, the automated endpoint management platform, delivers visibility, security, and control over all endpoints for more than 24,000 customers in 130+ countries. The cloud-native NinjaOne platform simplifies endpoint management, patching, and visibility for environments at any scale. It is proven to increase productivity, reduce security risk, and lower costs. NinjaOne is obsessed with customer success and provides free and unlimited onboarding, training, and support. Try NinjaOne for free at .
Yahoo
14-04-2025
- Business
- Yahoo
ASX Growth Stocks With Strong Insider Backing
Amidst a positive trading session on the Australian market, with sectors like IT and Materials leading gains, investors are keenly observing growth companies that demonstrate strong insider ownership. In the current climate, where confidence is bolstered by robust performances in both local and international markets, stocks with significant insider backing can be appealing due to their potential for aligned interests and long-term commitment from those who know the business best. Name Insider Ownership Earnings Growth Alfabs Australia (ASX:AAL) 10.8% 40.9% Fenix Resources (ASX:FEX) 21.1% 45.1% Cyclopharm (ASX:CYC) 11.3% 97.8% Acrux (ASX:ACR) 15.5% 106.9% Newfield Resources (ASX:NWF) 31.5% 72.1% AVA Risk Group (ASX:AVA) 16% 108.2% Titomic (ASX:TTT) 11.2% 77.2% Plenti Group (ASX:PLT) 12.7% 85% Image Resources (ASX:IMA) 16.1% 127.3% BETR Entertainment (ASX:BBT) 38.6% 77.5% Click here to see the full list of 94 stocks from our Fast Growing ASX Companies With High Insider Ownership screener. Here's a peek at a few of the choices from the screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Dropsuite Limited offers cloud-based data backup and archiving solutions across various regions including Australia, Singapore, Europe, and the United States, with a market cap of A$406.10 million. Operations: The company's revenue is primarily derived from the provision of backup services, totaling A$41.17 million. Insider Ownership: 14.0% Earnings Growth Forecast: 33.8% p.a. Dropsuite is experiencing significant earnings growth, forecasted at 33.8% annually, outpacing the Australian market. However, its net profit margin has declined from 5.2% to 2%. Recent developments include a definitive agreement for acquisition by NinjaOne Australia Pty Ltd for A$414.53 million, pending shareholder approval on May 9, 2025. Dropsuite's board recommends the deal in the absence of superior offers and with continued positive independent expert opinion. Click to explore a detailed breakdown of our findings in Dropsuite's earnings growth report. Insights from our recent valuation report point to the potential overvaluation of Dropsuite shares in the market. Simply Wall St Growth Rating: ★★★★★☆ Overview: Ltd is an online retailer operating in Australia with a market capitalization of A$434.45 million. Operations: The company generates revenue through its operations in Australia and New Zealand, with A$9.96 million from Mighty Ape in Australia, A$309.36 million from Kogan Parent in Australia, A$124.88 million from Mighty Ape in New Zealand, and A$40.02 million from Kogan Parent in New Zealand. Insider Ownership: 21% Earnings Growth Forecast: 38.1% p.a. demonstrates strong growth potential with earnings forecasted to grow at 38.1% annually, significantly outpacing the Australian market. Despite a decrease in profit margins from 1.4% to 0.4%, insider confidence remains high with substantial share purchases over the past three months and no significant sales. Trading well below estimated fair value, revenue is expected to grow at 7.2% per year, surpassing the broader market's growth rate of 5.9%. Click here to discover the nuances of with our detailed analytical future growth report. In light of our recent valuation report, it seems possible that is trading beyond its estimated value. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Nanosonics Limited is a global infection prevention company with a market capitalization of A$1.43 billion. Operations: The company's revenue is primarily derived from its Healthcare Equipment segment, which generated A$183.97 million. Insider Ownership: 15.4% Earnings Growth Forecast: 24.3% p.a. Nanosonics shows promising growth potential with earnings projected to increase significantly, outpacing the Australian market's average. Recent results indicate robust performance, with half-year sales rising to A$93.6 million from A$79.64 million and net income improving to A$9.76 million. Insider activity reflects confidence, with more shares bought than sold in recent months despite modest volumes. The stock trades below estimated fair value and revenue growth is expected to exceed the market average over the next few years. Navigate through the intricacies of Nanosonics with our comprehensive analyst estimates report here. Upon reviewing our latest valuation report, Nanosonics' share price might be too optimistic. Gain an insight into the universe of 94 Fast Growing ASX Companies With High Insider Ownership by clicking here. Want To Explore Some Alternatives? We've found 28 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include ASX:DSE ASX:KGN and ASX:NAN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
10-02-2025
- Business
- Yahoo
High Growth Tech Stocks To Explore In February 2025
The Australian market has recently experienced a downturn, with the ASX200 down 0.36% amid negative reactions to impending U.S. tariffs on Australian aluminium and steel, while IT and Technology sectors have notably declined by 1.2%. In this challenging environment, identifying high growth tech stocks involves looking for companies that demonstrate resilience and adaptability in the face of economic pressures and sector-specific challenges. Name Revenue Growth Earnings Growth Growth Rating Clinuvel Pharmaceuticals 21.39% 26.17% ★★★★★★ Pureprofile 14.31% 71.53% ★★★★★☆ Adherium 86.80% 73.66% ★★★★★★ Pro Medicus 20.97% 22.67% ★★★★★★ Gratifii 40.96% 103.72% ★★★★★★ AVA Risk Group 25.54% 77.32% ★★★★★★ Mesoblast 49.04% 54.89% ★★★★★★ Pointerra 56.62% 126.45% ★★★★★★ Wrkr 44.16% 98.46% ★★★★★★ Opthea 52.56% 60.35% ★★★★★★ Click here to see the full list of 52 stocks from our ASX High Growth Tech and AI Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★★☆ Overview: Dropsuite Limited operates a global cloud-based software platform, with a market capitalization of A$403.99 million. Operations: Dropsuite Limited generates its revenue primarily from the provision of backup services, amounting to A$35.46 million. The company operates a cloud-based software platform on a global scale. Dropsuite, recently acquired by NinjaOne for AUD 410 million, showcases robust financial health with a notable annual revenue growth of 21.1%, outpacing the Australian market average of 6%. Despite a dip in profit margins from 7.6% to 2.9% last year, the company is poised for significant earnings expansion at an annual rate of 34.4%. This acquisition underlines Dropsuite's potential in the competitive software sector, particularly as its innovative solutions continue to attract strategic interest and investment, signaling promising prospects for future growth and market presence. Click to explore a detailed breakdown of our findings in Dropsuite's health report. Gain insights into Dropsuite's historical performance by reviewing our past performance report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Nuix Limited offers investigative analytics and intelligence software solutions across various regions including the Asia Pacific, the Americas, Europe, the Middle East, and Africa, with a market cap of approximately A$1.59 billion. Operations: Nuix Limited generates revenue primarily from its Software & Programming segment, amounting to A$220.62 million. The company focuses on providing software solutions for investigative analytics and intelligence across multiple regions globally. Nuix, a standout in the Australian tech scene, has demonstrated impressive financial agility with an expected annual revenue growth of 14.2%, surpassing the national average of 6%. This growth is complemented by a forecasted earnings increase of 40.3% per year, highlighting its potential to outperform market expectations significantly. Despite facing challenges from one-off losses totaling A$6.4 million last fiscal year, Nuix's strategic focus on enhancing its software capabilities and expanding market reach—evidenced by robust half-yearly revenue projections between A$104 million and A$106 million—positions it well for sustained growth in the competitive tech landscape. Click here and access our complete health analysis report to understand the dynamics of Nuix. Review our historical performance report to gain insights into Nuix's's past performance. Simply Wall St Growth Rating: ★★★★★★ Overview: Opthea Limited is a clinical-stage biopharmaceutical company focused on developing and commercializing drugs for eye diseases in Australia and the United States, with a market capitalization of A$1.39 billion. Operations: Opthea generates revenue primarily from its medical technology and healthcare segment, amounting to $0.26 million. As a clinical-stage company, it focuses on drug development for eye diseases across Australia and the United States. Opthea, an emerging name in the biotech sector, is making significant strides with a projected annual revenue growth of 52.6%, far surpassing Australia's average tech growth rate. This performance is underpinned by its innovative focus on treatments for diabetic macular edema, highlighted in recent trials showing promising results with sozinibercept therapy. Despite current unprofitability, Opthea's aggressive R&D investment aligns with its strategy to meet growing healthcare demands, particularly in ophthalmology—a field ripe for technological advancements and increased patient need. With revenue just shy of $1 million and expectations set on becoming profitable within three years, Opthea represents a dynamic player poised to capitalize on specialized healthcare solutions. Take a closer look at Opthea's potential here in our health report. Learn about Opthea's historical performance. Click here to access our complete index of 52 ASX High Growth Tech and AI Stocks. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:DSE ASX:NXL and ASX:OPT. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
06-02-2025
- Business
- Yahoo
3 ASX Growth Companies With High Insider Ownership
As the ASX200 experiences a modest rise, buoyed by easing tariff concerns and strong performances in sectors like Discretionary and Real Estate, investors are keenly observing growth opportunities within the Australian market. In this context, companies with high insider ownership often attract attention for their potential alignment of interests between management and shareholders, making them intriguing candidates for those seeking to capitalize on current market dynamics. Name Insider Ownership Earnings Growth Clinuvel Pharmaceuticals (ASX:CUV) 10.4% 26.2% SKS Technologies Group (ASX:SKS) 29.7% 24.8% Medallion Metals (ASX:MM8) 13.8% 67.5% Acrux (ASX:ACR) 14.6% 91.8% Newfield Resources (ASX:NWF) 31.5% 72.1% AVA Risk Group (ASX:AVA) 15.8% 77.3% Pointerra (ASX:3DP) 23.8% 126.4% Plenti Group (ASX:PLT) 12.7% 120.1% Brightstar Resources (ASX:BTR) 16.2% 86% Findi (ASX:FND) 35.8% 110.7% Click here to see the full list of 91 stocks from our Fast Growing ASX Companies With High Insider Ownership screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Growth Rating: ★★★★★☆ Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$539.88 million, focusing on ethical and sustainable investing. Operations: The company generates revenue through its funds management segment, which amounted to A$100.49 million. Insider Ownership: 21.8% Australian Ethical Investment has shown strong earnings growth of 75.3% over the past year, with future earnings expected to grow significantly at 24.1% annually, outpacing the Australian market's 12.4%. Revenue is forecasted to grow at 10.8%, faster than the market average of 6%. Despite large one-off items affecting quality, its return on equity is projected to be very high at 57% in three years. No substantial insider trading activity reported recently. Unlock comprehensive insights into our analysis of Australian Ethical Investment stock in this growth report. The analysis detailed in our Australian Ethical Investment valuation report hints at an inflated share price compared to its estimated value. Simply Wall St Growth Rating: ★★★★★☆ Overview: Dropsuite Limited operates a global cloud-based software platform and has a market capitalization of A$403.99 million. Operations: Dropsuite Limited generates revenue primarily from the provision of backup services, amounting to A$35.46 million. Insider Ownership: 18.2% Dropsuite is poised for strong growth, with earnings projected to increase by 34.4% annually, surpassing the Australian market's 12.4%. Revenue is expected to grow at 21.1% per year, significantly outpacing the market average of 6%. Despite a decline in profit margins from last year, Dropsuite's acquisition by NinjaOne Australia Pty Ltd for A$414.53 million highlights its strategic value. No recent substantial insider trading activity has been reported. Dive into the specifics of Dropsuite here with our thorough growth forecast report. In light of our recent valuation report, it seems possible that Dropsuite is trading beyond its estimated value. Simply Wall St Growth Rating: ★★★★★☆ Overview: Ltd is an online retailer operating in Australia with a market cap of A$448.84 million. Operations: The company generates revenue from its online retail operations, with A$277.82 million from Kogan Parent in Australia, A$11.20 million from Mighty Ape in Australia, A$135.34 million from Mighty Ape in New Zealand, and A$35.35 million from Kogan Parent in New Zealand. Insider Ownership: 19.7% is trading at a significant discount to its estimated fair value, suggesting potential undervaluation. The company recently became profitable, with earnings expected to grow significantly at 32.08% annually over the next three years, outpacing the Australian market's growth rate. Revenue is forecasted to increase by 6.8% per year, slightly above the market average of 6%. Despite this growth outlook, its dividend yield of 3.33% is not well covered by earnings. Get an in-depth perspective on performance by reading our analyst estimates report here. Upon reviewing our latest valuation report, share price might be too optimistic. Click this link to deep-dive into the 91 companies within our Fast Growing ASX Companies With High Insider Ownership screener. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include ASX:AEF ASX:DSE and ASX:KGN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Los Angeles Times
31-01-2025
- Business
- Los Angeles Times
Automated Endpoint Management Platform NinjaOne Australia to Acquire Dropsuite
NinjaOne Australia Pty Ltd., an automated endpoint management platform, agreed to acquire Dropsuite in a $252 million deal. Dropsuite's largest shareholder is Santa Monica-based investment firm Topline Capital Management, which controls approximately 31% of the company's voting shares. The acquisition is expected to close in the first half of 2025, subject to regulatory approvals. 'Dropsuite will help our customers be more successful by extending data protection from the endpoint to SaaS applications, automating and simplifying backup, and filling critical data protection gaps,' said Sal Sferlazza, chief executive of NinjaOne, in a statement. Topline Capital Management was founded by Collin McBirney in 2018. He previously worked as an equity research analyst at PIMCO in Newport Beach.
