NWT 0.00% 11.5¢ newsat limited

something else before the agm

  1. 1,476 Posts.
    Business on solid upward trend during FY2009

    • $1.9 million cash in bank and NO DEBT at 30 June 2009

    • Sales pipeline and channels improving every month heading into FY2010. Operating costs continue to be contained.

    • Business expected to be cash flow positive in FY2010 and deliver maiden EBITDA profit

    • Continued customer acquisition and continued low levels customer churn are key business drivers

    • Fixed Cost base and annuity revenue stream make the key financial business gauge the Monthly Recurring Revenue Charge (MRC).

    • The MRC continues to grow each month (next slide)
    FINANCIAL Endorsed by the Federal and Western Australian Governments

    • $1.8 million dollar grant to build satellite wireless network awarded in November 2007 to NewSat

    •Network built on time/on budget and runs through remote Kimberley Region in WA

    •Provides coverage at locations within 16 communities in the region (ie Broome,Derby, Fitzroy Crossing, etc.)

    • Most of the 16 communities previously had no broadband access

    • People and Government Agencies within the communities can now access online banking, educational training, internet, email, VoIP and Video using the NewSat infrastructure

    **************
    • NBN “Test Case” for NewSat satellite infrastructure in remote communities
    **************

    One more test to go..

    TG
 
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