Just a thought - Most, if not all these records come from TNT buying business that are proven to be sound. What I would like to understand is can TNT grow their business other than just using buyouts to announce new quarterly records? Now I sure they will more records going forward and it looks like they can turn this to their favour, but bigger is just one type of prize.
TNT:
"Strategic acquisitions remain a cornerstone of Tesserent’s growth strategy. As previously stated,Figure 2 - Actual Turnover on a quarterly basis (excludes recent announcedacquisitions not yet in control period).ASX ANNOUNCEMENTMelbourne – 29 April 2021the underlying core philosophy is to acquire quality cybersecurity assets that are complementaryto the Cyber 360 strategy and incrementally Earnings Per Share (EPS) accretive. TNT sees this asan important element in continuing to deliver future value to our shareholders."
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Ann: Appendix 4C - quarterly, page-22
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