United Communications Partners Inc (UCPA)

[I_Am_Ram]

UCPA is currently just shy of $60 million in revenue through the first two quarters of 2017. The link to UCPA's OTC page with all fillings is provided at the bottom of this post. With this I would like to share an interesting article.

https://www.google.com/amp/s/techcrunch.com/2012/04/29/how-much-revenue-does-it-take-to-be-a-1b-public-company/amp/

In this article it discusses what it takes for a public company to have a $1B market cap. Here is an interesting bit:

"Recurring Revenue is ‘worth more’ and is more predictable

For the last several years, the magic revenue number for going public was around $100M – but that seems to be changing. It appears that the market will be more tolerant of sub-$100M as long as the company’s metrics are healthy, and that the revenue that they do have is 1) growing and 2) recurring. With the recurring revenue that SaaS business models have, investors can better predict growth and model what trajectory the business is on. This makes them favorable bets.

Looking at recent S1 filings, you can see this in action: Jive Software filed its S1 with a revenue run rate of about $60M last summer. Eloqua filed with about $60M in revenue. ServiceNow looks more traditional with about $92M in 2011 revenue (filed earlier this month). Bazaarvoice filed in August with about $64M in revenue. When Yelp filed (sort of a SaaS play!) – it had $58.38M (first nine months of 2011). All of these companies had accumulated losses, and most of them were still losing money at the time of filing. That does not mean they are not good business models – with subscription businesses, the upfront investment in customer acquisition is relatively high, but the return from the customer takes a little bit longer than the old software licensing model (lifetime value is spread across the life of contract with SaaS, not upfront)."

This was an article discussing how a company going public (hence the S1 filings) has been evaluated by the market. I find it very interesting that Yelp was evaluated by the market at $1B when there S1 filings showed just shy of $60 million in revenue through 9 months. UOIP is bringing in revenue at 75% of the rate Yelp was at this time. What's even more interesting is they were operating at a LOSS at that time.

SO UCPA is operating with a NET PROFIT at 75% of the revenue of a company that was evaluated at $1B...

The numbers are also just as close with Eloqua, ServiceNow, Jive Software, and Bazaarvoice....

With the O/S being 1.618 billion shares and a market cap just shy of $4.9 million dollars it is safe to say this company is trading at an EXTREMELY undervalued price.

http://www.otcmarkets.com/stock/UCPA/profile