BCC beam communications holdings limited

Ann: Market Update and Appendix 4C Comment, page-3

  1. 2,651 Posts.
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    Largely as expected. I would prefer less promotion of positive operating cashflow given their capitalisation of IT spend distorts the picture, but it doesnt look OTT to me.

    Company is still fundamentally undervalued, now they are cashed up ($6.9m + another $2m to come in Dec from tranche 2 of placement), with good macro tailwinds so expecting to see acceleration in revenue growth with margin expansion as well from the Zoleo subscription revenue.

    Gltah
 
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