TNT 0.00% 13.0¢ tesserent limited

Ann: Half Year Report - commentary, page-95

  1. 6,685 Posts.
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    In the last 4C quarterly (29 Jan 2021), they announced

    With the addition of full quarter
    Turnover from iQ3 and a
    historical second half seasonal
    increase in sales, the Group’s
    current Turnover run-rate is now
    in excess of $110M on an
    annualised basis, subject to
    audit. This is anticipated to
    increase to $150M by the end
    of FY21 with the completion of
    planned future acquisitions.


    I think this is very straight forward - they are saying with everything added in,
    they are already seeing an annualised revenue run-rate of more than $110m
    (I assume this applied to the accounts at the end of January, but maybe
    it refers to the end of December). If they make additional acquisitions between
    now an the end of FY21, the run-rate will increase further, as it will due to
    organic growth within the company.

    All IMHO,DYOR

 
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