The most impactful investors I discovered this year was Saul @ Mootley Fool and the Saul Investing Community.
This group of investors are some of the most analytical, hardworking, disciplined in their process, and successful. I might do a thread on my lessons, but a few folks:
They’ve challenged my existing beliefs of investing. Lots of shoutouts to these group of folks in this community:
+ Accelerating top-line growth with a healthy 24% EBITDA Margins and 15% FCF
+ Semiconductors are the highest-ranked industry in tech and AMBA has been one of the strongest.
Last 5-Qtr of Growth: -10% > 13% > 11% > now 13%.
Guide implies 28% QoQ
3/3: Full Year Revenue:
o FY 2022 Revenue of $886M, implies 46% YoY. If they beat around 5%, if you come to 51% YoY for Full Year. This is down from 81% in the last fiscal year.
Seasonally, they have a strong Q3 to Q4.
Overall, they seem to have do "ok" but growth is slowing.
I added well into my $ZS Scaler position today. Couple of reasons below:
+ Leader within the fastest-growing segments of enterprise security. (ZTA, SASE, ZIA)
+ Clearly differentiated, cloud-native moat
+ 71% billings growth and 62% YoY on $1B ARR on 30% FCF
Short thread (1/4)
2/2: Brief overview of last earnings:
+ They've CAGR over 50%+ growth over the past 5-years.
+QoQ accel to 17%
+ They could easily CAGR 60%+ growth into 2022 due to new Govt contracts
+ 87% in >$1million customers
+ RPO grew 97%
+ FCF✅