Latest news with #SMB
Yahoo
4 hours ago
- Business
- Yahoo
TeamViewer SE (TMVWY) Half Year 2025 Earnings Call Highlights: Strong Enterprise Growth and New ...
Revenue: EUR191 million, up 6% year over year in constant currency. Adjusted EBITDA: EUR84 million, a 17% increase year over year, with a margin of 44%. Adjusted EPS: EUR28 cents, up 19% year over year. Net Leverage Ratio: Improved to 2.9 times, down from 3.1 times. Enterprise Revenue: EUR59 million, a 15% increase year over year in constant currency. Enterprise ARR: EUR227 million, a 13% increase year over year in constant currency. SMB Revenue: EUR132 million, up 3% year over year in constant currency. SMB ARR: EUR532 million, a 1% increase year over year in constant currency. Cash Flow: Levered free cash flow of EUR59.6 million, with a cash conversion rate of 71%. Financial Liabilities: EUR1 billion, an improvement of around EUR130 million compared to the end of Q1. Warning! GuruFocus has detected 2 Warning Signs with TMVWY. Release Date: July 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points TeamViewer SE (TMVWY) reported a strong double-digit increase of 15% in enterprise revenue, contributing to a solid proforma revenue growth of 6% year over year in constant currency. Profitability remained robust with an adjusted EBITDA up 17% year over year, achieving a strong margin of 44%, a significant increase of 4 percentage points. The company successfully integrated new technology into its product portfolio, launching DEX Essentials and TeamViewer One, showing promising early momentum in the digital workplace offerings. Revenue growth was observed across all regions, with particularly strong performance in EMEA, which delivered almost EUR100 million in revenue, up 8% year over year. TeamViewer SE (TMVWY) retained key federal clients like the US Department of Veterans Affairs, demonstrating the critical value of its solutions to large organizations. Negative Points The US market presented challenges due to a difficult macroeconomic environment, impacting customer decision-making and leading to budget cuts in the federal public sector. The company's performance was partially offset by softer results from 1E, which faced headwinds due to challenges in the US and recent budget cuts affecting US federal customers. SMB revenue growth was modest at 3% year over year in constant currency, reflecting broader macroeconomic pressures faced by smaller businesses globally. The Americas region experienced slower growth, with revenue up only 3% reported and 5% in constant currency, affected by political uncertainties and budget constraints. Sequentially, ARR was broadly flat, primarily due to challenging US market conditions and sequential negative effects. Q & A Highlights Q: Can you discuss the delta between ARR and the revenue growth needed to hit your guidance midpoint, particularly focusing on the SMB side? A: Oliver Steil, CEO, explained that the enterprise side is expected to be back-loaded with larger deals in Q4, aligning with historical patterns. For SMB, they have reworked campaign structures and product presentations to enhance cross-sell opportunities. New products like DEX Essentials and TeamViewer One are expected to drive growth, with general availability starting today. Q: What feedback have you received on DEX Essentials during the testing period, and what is the pricing strategy? A: Oliver Steil, CEO, noted that DEX Essentials targets SMBs managing several hundred to a few thousand endpoints. The product is priced per endpoint, offering a significant upsell opportunity. Early feedback from sales teams has been positive, with a good number of deals closed already. Q: Can you quantify the improvement needed in conversion ratios to achieve your ARR guidance? A: Oliver Steil, CEO, stated that they are assuming historical conversion rates for the second half of the year. Q2 conversion was low due to macro uncertainty, but they expect it to normalize. Most of the growth is anticipated in Q4, aligning with typical seasonal patterns. Q: How are you thinking about the penetration of your installed base with new products over the next 12 months? A: Oliver Steil, CEO, mentioned that it's too early to provide specific numbers, but they are positive about the quick adoption by sales teams. They plan to discuss more concrete numbers in the next earnings call after three months of general availability. Q: Regarding the VA contract, is it renewed annually, and are there any changes to contract durations to enhance visibility? A: Oliver Steil, CEO, confirmed that the VA contract is multi-year but renewed annually. There are no changes to contract durations; they maintain annual contracts with upfront payments for SMBs and multi-year deals for larger enterprise customers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Tahawul Tech
5 hours ago
- Business
- Tahawul Tech
'Security is embedded at every layer with our solutions'
Mohamad Sabra, Regional Director SMB – Middle East, Africa, Türkiye, Romania & CIS, Cisco and Renton D'Souza, Vice President, Comstor MEA took a moment to speak about their respective views on how SMB solutions help businesses overcome challenges and enjoy the benefits of digital transformation and cloud adoption. Answered by Mohamad Sabra Q: What are the main challenges SMBs face in today's digital landscape Small and medium-sized businesses (SMBs) are the backbone of local economies, driving innovation, job creation, and community growth. Yet, as the digital landscape evolves at unprecedented speed, SMBs face a unique set of challenges that demand strategic focus, adaptability, and resilience. They need to adopt technology to build and run a digital business, but typically lack the human and financial resources to create and manage their own IT infrastructure. Specifically, SMBs face challenges in cybersecurity, technology integration, remote and hybrid work complexities, as well as cloud adoption, Q: How do Cisco's SMB solutions empower small and medium businesses to thrive in today's digital-first world, and what sets Cisco apart from other providers in this space? Cisco's SMB solutions are designed to help small and medium businesses build the foundation needed to compete and grow in a rapidly evolving market. Our approach combines cloud-managed networking, built-in security, and seamless collaboration tools that are easy to deploy and manage, even for organisations with limited IT resources. What sets Cisco apart is our ability to deliver enterprise-grade technology in a simplified, cost-effective solution tailored for SMBs. For example, our cloud-managed Meraki platform allows businesses to control their entire network from an intuitive dashboard, enabling remote management, automatic updates, and real-time analytics—features that traditionally required large IT teams. Security is embedded at every layer, with solutions such as firewalls, intrusion prevention, and zero-trust access controls to protect sensitive data without sacrificing usability. For collaboration, tools like Webex keep distributed teams connected and productive, whether they're in the office or working remotely. Finally, Cisco offers award-winning support and a broad ecosystem of partners to ensure SMBs have the guidance and resources they need at every stage of their digital transformation. Our goal is to make advanced technology accessible, so SMBs can focus on what matters most – growing their business. Answered by Renton D'Souza Q: How does Comstor support partners in delivering Cisco SMB solutions to the market? Comstor acts as a strategic distributor and advisor for partners, providing enablement, training, and access to Cisco's full SMB portfolio. Recent initiatives include launching a white-labelled Managed SOC (Security Operations Centre) built on Cisco's XDR platform, allowing partners to offer advanced cybersecurity services under their own brand, supported by 24/7 monitoring and expert guidance. This approach reduces partners' operational burdens and accelerates their entry into the cybersecurity services market. Q: How are Cisco and Comstor enabling SMBs to benefit from digital transformation and cloud adoption? Cisco and Comstor help SMBs embrace digital transformation by providing cloud-native, automated networking and security solutions that scale as the business grows. Comstor's partner support includes guidance on cloud migration, access to training, and technical enablement. Cisco's solutions allow SMBs to control their networks from anywhere, streamline operations, and adopt hybrid work models securely and efficiently. Image Credit: Comstor & Cisco
Business Wire
a day ago
- Business
- Business Wire
New N-able Report Underscores Escalating Cyber Threats Facing SMBs
BURLINGTON, Mass.--(BUSINESS WIRE)-- N‑able, Inc. (NYSE: NABL), a global software company delivering a unified cyber resiliency platform, today launched its first annual 2025 threat report, exploring the rise in cyberattacks on small- to medium-sized businesses (SMBs) ranging from 100-2,500 employees. The report uncovers a dramatic rise in detected threats across SMBs, from approximately 48,749 in June 2024 to over 13.3 million by June 2025, as they increasingly invest in the proper security tools to monitor their environments and mitigate risk. While many SMBs have long assumed they're too small to be targeted by cybercriminals, new data from N-able shows that perception is rapidly changing. Threat actors are increasingly favoring quicker, low-effort attacks on SMBs over complex enterprise breaches, exploiting limited defenses for faster payoffs. The N-able unified platform is designed to help SMBs level the playing field by delivering enterprise-grade visibility, protection, and response capabilities tailored to their unique needs. "Legacy security controls don't keep pace with the challenges faced by today's SMB,' said Kevin O'Connor, Director of Threat Research at N-able. 'Adversaries are constantly developing and deploying attacks that exploit common gaps in visibility and response. SMBs need solutions that deliver coverage across the threat lifecycle and fit within operational constrains – exactly what N-able provides.' Using data from the N-able ecosystem, the N-able threat research team revealed the following: Cybercriminals are targeting small and midsized businesses more than ever: Attackers are no longer skipping over smaller businesses — in fact, they're increasingly targeting them. AI is supercharging social engineering: Attackers are leveraging generative AI to create convincing phishing messages that resemble real people and writing styles. Certain messages are even able to fool the most tech-savvy of employees. Ransomware remains a significant threat: The pervasive impact of ransomware accounted for nearly 1.9 million detections in the first half of 2025 observed by the team. 'The findings align closely with what we're seeing, the pace of change in cybersecurity is relentless. It's easy to get caught up in the complexity of today's landscape: AI-driven threats, ransomware attacks, evolving regulations, and a flood of new tools and technologies. But real success comes from going back to the basics. Things like maintaining patches, ensuring reliable backups, continuous monitoring, endpoint protection, and having clear processes in place – businesses can't afford to operate in reactive mode,' said Vinod Paul, President at Align. 'When we stay grounded in the basics, we're in the best position to protect our clients and build lasting trust. We trust N-able as a partner that delivers on the promise of cybersecurity.' N-able will demonstrate its unified platform—purpose-built to address threats across every stage of the attack lifecycle at Black Hat 2025, taking place August 5–7 at Mandalay Bay in Las Vegas. The platform integrates cyber resilience across endpoint management, security operations and backup and data protection. Attendees can visit the N-able team at Booth #3064. To view the full report, please visit About N‑able At N‑able, our mission is to protect businesses against evolving cyberthreats with a unified cyber resiliency platform to manage, secure, and recover. Our scalable technology infrastructure includes AI-powered capabilities, market-leading third-party integrations, and the flexibility to employ technologies of choice—to transform workflows and deliver critical security outcomes. Our partner-first approach combines our products with experts, training, and peer-led events that empower our customers to be secure, resilient, and successful. © 2025 N‑able Solutions ULC and N‑able Technologies Ltd. All rights reserved. The N‑able trademarks, service marks, and logos are the exclusive property of N‑able Solutions ULC and N‑able Technologies Ltd. All other trademarks are the property of their respective owners. Category: Company
Forbes
2 days ago
- Business
- Forbes
The Real Cost Of Manual Accounting For SMBs
Nick Chandi is the CEO of Forwardly, an award-winning B2B payment platform that helps US businesses send and receive payments faster. Why, still, won't manual accounting die? AI tools and cloud finance have taken over the world, and you'd think spreadsheets would've gone extinct by now. But for millions of small businesses, the ledger still lives in Excel, and the receipts still pile up in glove compartments. Why? It comes down to something simple: habit, often disguised as control. Many small and medium-sized business (SMB) owners started using spreadsheets, and they worked, so they stuck with them. Over time, that familiarity turned into false confidence. According to a study by SMB Group, 50% of small businesses still rely on spreadsheets for core financial functions, despite having access to low-cost digital tools. Many small businesses still struggle to hire or retain accounting staff, and hence, with limited internal resources, the business owner or office manager ends up doing the books manually. Moreover, many vendors and banks still operate on slow, paper-based systems, where paper checks, PDF invoices and faxed purchase orders are surprisingly common. The result? A finance back-office riddled with manual touchpoints, all stitched together with Ctrl+C and Ctrl+V. Manual accounting is more expensive than you think. Manual accounting may not show up as a line item, but it drains time, money and momentum in ways most SMBs overlook. The cost spikes fast when you factor in multiple team members or add in rework and burnout. Goldman Sachs says the average small business shells out about $22 for every manually handled bill, but that figure drops to roughly $6.90 once automation joins the party. That means for an SMB pushing 1,000 invoices a month, at roughly $22 per manual invoice versus $6.90 with automation, you're burning about $15.10 extra each time. That's $15,100 every month, or $181,200 a year, gone before you even count late fees. Now, picture a 15-person agency shuffling 750 invoices monthly. Manual processing alone costs $16,500, whereas automation would run $5,175, saving $11,325 a month. Layer on the office manager's 20 hours of vendor-payment grunt work (approximately $1,000 in salary) plus early-pay discounts missed and the odd late fee, and the firm easily squanders well north of $135,000 annually. These aren't fixed costs—they're leaks—and software can plug every single one. There's a hidden cost to errors, rework and penalties. Manual accounting doesn't just waste time—it invites errors, penalties and fraud. With a 1% to 3% error rate, manual data entry can lead to dozens of mistakes per 1,000 transactions. One wrong digit in a bank account can delay payroll; a miscategorized expense might throw off your financials, often discovered too late. The IRS isn't forgiving either. In 2025, missed 1099s cost $60 to $290 per form, and late partnership filings incur $255 per partner, per month. Major reporting errors can trigger a 20% penalty, or up to 75% if fraud is suspected; one missed deadline can cost more than an entire year of accounting software. Without proper oversight, manual processes become a liability. Here's what growth can look like on pause. Manual accounting is like a growth blocker hiding in plain sight because it quietly eats away your team's time, focus and strategic capacity. According to Goldman Sachs, automating accounts payable alone can save finance teams 70% to 80% of their time. And then there's morale: Fifty-eight percent of finance professionals want data entry off their plates. They didn't train in accounting just to push paper, and when that's all they're doing, they leave. So, while manual accounting might seem like a minor operational choice, it quietly erodes growth, drains talent and keeps your business stuck in second gear. So, where do you start? You don't need to make changes to your entire finance stack overnight. The best way is to fix one leak at a time. You can start with what's the most repetitive and error-prone, usually accounts payable or expense reconciliation. If you're still manually entering bills, chasing approvals via email or exporting CSVs to create reports, those are clear signs you've outgrown your current system. Map out your current finance workflows and take the first step for this quarter. Write them down, who does what, using which tools, how often and where the bottlenecks live. This simple act would reveal inefficiencies no spreadsheet can hide. Get your team on board and show them how much time and stress they'll save rather than pushing 'automation.' Don't make it sound like you're replacing people; explain that you're getting rid of the parts of the job no one really likes. Just a heads-up: This will not be super easy. Switching systems comes with friction, learning curves, data migrations and the usual resistance to change. So, it's time you choose where to start, and the results will be seen in no time Manual accounting is a silent tax you can't deduct. Though manual accounting doesn't show up on your income statement, it's everywhere. It's in the hours your team spends reconciling receipts instead of refining your pricing strategy; the late penalties and missed discounts that quietly chip away at your margins; and the burnout you don't notice until your bookkeeper hands in their notice. Most dangerously, it's the opportunities that never happen in the markets you don't expand into, and the insights you miss because your numbers are three weeks old and trapped in a spreadsheet. Yes, switching to automation takes effort. But staying manual costs more every day, in every department. Forbes Finance Council is an invitation-only organization for executives in successful accounting, financial planning and wealth management firms. Do I qualify?
Yahoo
6 days ago
- Business
- Yahoo
BILL vs. Intuit: Which Fintech Powerhouse Stock Is the Smarter Buy?
BILL Holdings BILL and Intuit INTU are major players in the SMB-focused fintech market, offering digital tools that streamline financial operations like accounting, billing, and payments for small and mid-sized businesses. While BILL offers AI-driven accounts payable and receivable automation for small and mid-sized businesses, Intuit provides a broader suite of financial tools through its QuickBooks platform, including accounting, payroll, and tax Fortune Business Insight report, the global fintech market was valued at $340.10 billion in 2024 and is expected to be worth $394.88 billion in 2025 and reach $1,126.64 billion by 2032, registering a CAGR of 16.2% during the forecast period from 2025 to 2032. Both BILL and Intuit are likely to gain from the massive growth BILL or Intuit — Which of these Fintech Powerhouse stocks has the greater upside potential? Let's find out. The Case for BILL BILL is strengthening its position in the financial technology sector with an expanding portfolio, which has played a key role in driving its success. The company's leadership in automating financial operations for small and mid-sized businesses (SMBs) has been noteworthy. In the fiscal third quarter of 2025, BILL processed nearly $79 billion in payment volume across 30 million transactions, helping over 488,600 businesses automate financial operations. This strong engagement reflects the platform's success in assisting the SMBs to streamline their financial expanding its portfolio in April 2025, BILL introduced procurement and financial automation innovations, unifying procure-to-pay workflows with AP, AR, Spend & Expense, and Insights & Forecasting to help businesses gain control of their cash flow and scale with confidence. As a result of these enhancements in fiscal third-quarter 2025, the company added 4,200 net new BILL, AP, AR customers, mainly through the accounting channel. As of March 31, 2025, the total number of customers using BILL, AP, and AR reached 164, is also benefiting from a rich partner base. As of March 31, 2025, the company's partners included some of the most trusted brands in the financial services business, including more than 85 of the top 100 accounting firms and six of the top 10 largest financial institutions for SMBs in the United States, including JPMorgan Chase, Bank of America, Wells Fargo Bank, and American Express. It expects to expand network organically. The Case for Intuit Intuit, with its flagship products like QuickBooks and TurboTax, continues to expand into AP/AR automation. Intuit's tightly integrated small business ecosystem, brand strength and ongoing investments in AI and user experience give it a compelling company has strengthened its position in SMB financial services by launching QuickBooks Bill Pay. This move allows Intuit to offer built-in bill payment and cash flow tools within its widely adopted platform. Intuit delivers a seamless experience for small businesses already relying on QuickBooks, enhancing platform the company with its QuickBooks Online Advanced solution is now targeting the midmarket. QuickBooks Online Accounting revenues were up 21% year over year to $1.04 billion, driven by higher effective prices, customer growth, and on this momentum, in March 2025, Intuit also announced that QuickBooks Online customers in the United States can now use Tap to Pay on iPhone, enabling small and mid-market businesses to accept contactless payments directly via iPhone, without additional hardware. Price Performance and Valuation of BILL and INTU In the year-to-date period, BILL's shares have plunged 45.4%, whereas Intuit shares have surged 22.3%. The underperformance in BILL can be attributed to the challenging macroeconomic environment, persistent inflation, and high interest rates, which are major concerns as SMBs tighten their spending budgets on digital is benefiting from robust customer growth and its expanding AI-driven financial ecosystem tailored for SMBs. BILL and INTU Stock Performance Image Source: Zacks Investment Research Valuation-wise, BILL and INTU shares are currently overvalued as suggested by a Value Score of D and F, terms of the forward 12-month Price/Sales, BILL shares are trading at 2.86X, higher than Intuit's 10.24X. BILL and INTU Valuation Image Source: Zacks Investment Research How Do Earnings Estimates Compare for BILL & INTU? The Zacks Consensus Estimate for BILL 2025 earnings is pegged at $2.08 per share, which has increased by a penny over the past 30 days, indicating a 1.89% decline year over year. BILL Holdings, Inc. Price and Consensus BILL Holdings, Inc. price-consensus-chart | BILL Holdings, Inc. Quote The Zacks Consensus Estimate for Intuit 2025 earnings is pegged at $20.06 per share, which has remained unchanged over the past 30 days, indicating an 18.42% increase year over year. Intuit Inc. Price and Consensus Intuit Inc. price-consensus-chart | Intuit Inc. Quote Conclusion While both BILL and Intuit are well-positioned to benefit from the booming fintech sector, Intuit's broader ecosystem, strong financials, and consistent earnings growth make it the stronger investment option for long-term BILL's growing customer base and innovative offerings, the company's macroeconomic uncertainties, including potential impacts from trade policies and FX volatility, remain a Intuit has a Zacks Rank #2 (Buy), making the stock a stronger pick compared to BILL Holdings, which has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report BILL Holdings, Inc. (BILL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
