Watched by Waislitz: Why the ASX richlister has his eye on this logistics tech provider

Watched by Waislitz: Why the ASX richlister has his eye on this logistics tech provider

Date of Report: Market close on Tuesday, 18th January
ASX: YOJPrice: A$0.180

52 Week Range: $0.130 - $0.250

Market Cap: $191.90 million

Sector: Software & Services

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In August, Alex Waislitz, from Thorney Investment Group, selected Yojee as one of his three favourite stocks looking at the business’s valuation metrics and timing in the industry.

August 27, 2021

November 10, 2021

The Insider: Meet the Fund Manager sessions are a great way to hear directly from leading fund managers. They share their approach to investing, favourite companies and their market view for the year ahead.

The Insider: Meet the CEO sessions feature a selection of company leaders who provide a succinct overview of big things their companies are doing. 

Supply chain disruption has been one of many persisting post-pandemic outcomes, keeping everyone’s ships from coming in and severely affecting global trade. One company thought to be well-placed amidst this situation is Yojee, noted by famed Aussie investor and ASX richlister Alex Waislitz for its disruptive potential and the timing of the market opportunity.

Yojee is a cloud-based software-as-a-service (SaaS) logistics technology platform that is used by some of the world’s largest supply chain leaders, who generated a combined annual revenue of more than $100 billion in FY 20.

Mr Waislitz recognised that Yojee is one of the companies that are genuine disruptors, challenging incumbents and working with large “behemoth” organisations where they can facilitate efficiency changes.

Yojee managing director Ed Clarke says: “We’re going to the core of the most impactful sectors in the world and it’s an exciting place to be,” adding that supply chain accounts for 12% of the world’s gross domestic product.

Mr Clarke believes the company’s focus on end-to-end logistics creates an experience that solves the historical problems faced by supply chain by providing tracking, efficiency, visibility, accountability, control and environmental benefits.

“We now have four of the top 10 global logistics companies and more than 100 leading trucking companies on our platform” says Mr Clarke, an experienced technology entrepreneur and enthusiast with a background in taking innovative blue ocean technology platforms to market.

On the company’s growth, Mr Clarke cites Yojee’s product capabilities and growing network effect, saying: “It’s a much easier proposition to scale up your business if you’ve already got the capabilities that you need and the people that you need to work with connected.”

Mr Waislitz believes the recent supply chain disruptions have highlighted the importance of logistics solutions. “[Yojee] is a company to watch because with the rollout of the company’s digital logistic hubs you’ll see the revenue start to follow in the next 2-3 years,” he says.

With growing annual revenue, healthy recurring revenue, more than $17 million at bank (as of 30th September 2021) and significant rollouts underway, Yojee confidently considers itself to be in a strong position to deliver continued growth in the years to come.

Click here to view more videos from Alex Waislitz’s  Meet the Fund Manager’ session, or click here to view the full ‘The Insider: Meet the CEOs’ session.

The CEOs of all the companies chosen as Fund Manager favourite stocks are invited to present at our Meet the CEO series. Reach does not assume responsibility for the accuracy or completeness of any information provided, and the views expressed are not reflective of Reach Markets position.

Any advice contained within this presentation is general advice and does not consider your personal circumstance, you should consider whether it’s appropriate for you.

The information we are giving you is for educational purposes only. “Investing is about understanding your risk” and every time you invest in the share market there is a risk of loss.

Meet the Fund Manager

Upcoming Session

Ben HarrisonChief Investment OfficerAltor Capital

Meet the Manager

Get access to some of Australia’s leading fund managers who share their 3 favourite stocks, investment approach and insights on the market.

Each session includes:

  • 3 favourite stock opportunities
  • Market views for the year ahead
  • Investment strategy and approaches

This is a live and interactive session, where you get the rare opportunity for Q&A with a fund manager. Spots are limited, so secure yours today.

Book into the next session

What is a 708 investor?

By clicking submit, I agree to the terms of the Reach Markets Financial Services Guide that includes the Privacy Statement.

The CEOs of all the companies chosen as Fund Manager favourite stocks are invited to present at our Meet the CEO series. Reach does not assume responsibility for the accuracy or completeness of any information provided, and the views expressed are not reflective of Reach Markets position.
Any advice contained within this presentation is general advice and does not consider your personal circumstance, you should consider whether it’s appropriate for you.
The information we are giving you is for educational purposes only. “Investing is about understanding your risk” and every time you invest in the share market there is a risk of loss.