Not much new information here. Without Acquisition costs VN8 is profitable. Gross profit margin has increased 20% from the prior corresponding period.
They mention cross selling will commence in Q1 FY23 (once migration of all MNF/Voitek customers is complete). Cross selling is without a doubt one of the best strategies for organic growth. Following recent acquisitions, VN8 are in the perfect position to cross sell internet etc. to existing voice customers. This strategy is the reason I am invested.
Acquisitions are still on the radar so I expect another acquisition this financial year.
Ann: H1 FY22 Financial Results Presentation, page-4
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.66M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.5¢ | $12.04K | 344.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1864662 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4327310 | 13 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |