TNT 0.00% 13.0¢ tesserent limited

TNT Chart, page-3483

  1. 6,707 Posts.
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    It appears that today TNT has reached the end of the financial year without
    announcing any additional acquisitions. I guess there's a very small
    chance ASX may release an after-market announcement in the next
    few hours, but this seems unlikely.

    I think this implies a huge achievement, because it suggests TNT have been
    able to achieve their forecast $150m+ revenue run-rate purely from
    organic growth, not through needing to make additional acquisitions. But as
    an even bigger upside, they advised the market 8 days ago that their EOFY
    run-rate will actually be much higher at ~$180m/y, (based on the expected
    June 2021 revenue of $15m, annualised)

    Given that TNT reported their March revenue was $9.1m, TNT's monthly
    revenue has therefore increased from $9.1m to $15m in three months,
    or a ~64% increase. Some of this increase will be due to the Secure Logic
    acquisition (~$0.75m per month) which was finalised in April, but clearly
    most must be from organic growth. Surely that is an absolutely stunning
    result !!!! ? It starts to makes sense when JC in his last interview referred
    to their latest quarterly numbers as "dwarfing" those in previous quarters.

    All IMHO, DYOR

 
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