Ann: Vocus reports strong full year results-VOC.AX, page-8

Interesting no guidance as yet from the company. Athough they are projecting out the 4Q2016 Underlying EBITDA figure in some of their graphics, to be about $390m in FY2017.

Based on a 26% FY2016 Underlying EBITDA margin, this may imply revenue in FY2017 of $1.5b. And based on an Underlying NPAT margin continuing of 12%, we may see Underlying NPAT in FY2017 of $180m (a rise of 76%). Underlying EPS may be in the vicinity of 29 cents based on the extra share issue recently.

All guesswork, but gives an idea on the effect of a full 12 months of operating as a merged entity. Note that this excludes upside from the expanded network courtesy of the Nextgen network, further cost synergies which are upwards of $40m and a vastly bigger sales force!