fundamentals month of october, page-39

I think you guys will like this one

probably buying it already

REF

nifty little outfit -pretty rare in mobile-tech space, virtually debt free, 3/4 cash backed, and cashflow positive

Asset to liability ratio of over 10 to 1 (in favour of assets)

$6.8 million assets including $2.1 million cash
only $650k total debt/liabilities

$3.7 million cap
$2.84 million cash
$8.7 million revenue

Cashflow positive this year - lost money last year, looking like a good turnaround story

$580k net profit from continuing operations

Retained earnings increasing - good sign, piggybank filling up

EBITDA $1.6 million from the 1800 Reverse service

their online contact lense OzContacts store generated $1.2 million in sales

payphone business also generating healthy revenue

has a monopoly on providing reverse charge call credit for anyone that runs out of prepaid credit on their mobile phones

deals signed this year with Telstra and now Vodafone, cash coming in from these already

really keen on their 65% holding of OzContacts - an online contact lense store - this is a booming industry

multinational online contact lense and glasses store Clearly Contacts starting to do very nicely

look at director's options' exercise prices too: