SFN backdoor acquisition yet to be acknowledged by the market -...

SFN

backdoor acquisition yet to be acknowledged by the market - has a TMP feel to it, look at that revenue growth!

also gina rinehart as a client, she knows what she's doing!


Highlights

• Acquiring Swift Networks and Wizzie TV.
• FY 2015 Revenues over A$12 million.
  Proposed transaction priced at 0.4 x revenue.
• Over 21,000 room installations and 95% of revenue is recurring.
• Revenue growth of 56% from January to September 2015.
• More than A$5 million invested in the business by the founders.
• Blue-chip customer base, including BHP Billiton, Roy Hill, Bechtel and Alcatel-Lucent.