SFN
backdoor acquisition yet to be acknowledged by the market - has a TMP feel to it, look at that revenue growth!
also gina rinehart as a client, she knows what she's doing!
Highlights
- Acquiring Swift Networks and Wizzie TV.
- FY 2015 Revenues over A$12 million.
Proposed transaction priced at 0.4 x revenue.- Over 21,000 room installations and 95% of revenue is recurring.
- Revenue growth of 56% from January to September 2015.
- More than A$5 million invested in the business by the founders.
- Blue-chip customer base, including BHP Billiton, Roy Hill, Bechtel and Alcatel-Lucent.
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