XAO 0.49% 8,002.5 all ordinaries

STTCOMP TSN FA LONG Technology-based company focused on...

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    STTCOMP TSN FA LONG
    Technology-based company focused on cybersecurity and cloud
    MC: 16M

    Expecting sixth consecutive quarter of positive operating cash flow and record high quarterly revenue because of Company organic growth and also latest acquisition of ClaudTen will bring additional revenue of about +$450000.

    Additionally to that some excitement could be from AWS deal:
    TSN acquired CouldTen and has 100% ownership. CouldTen is the Amazon Web Services (AWS) consulting partner in Australia and New Zealand.
    27.06.2019 there was news:
    "Amazon Web Services (AWS) has struck a new Whole-of-Government services deal that will see Australian Federal, State, and Territory agencies and departments, as well as public universities gain access to use all AWS services on a pay-as-you-use model, under an agreed set of terms and conditions.
    The deal between AWS and the Digital Transformation Agency (DTA) is initially worth $39 million over three years."
    Definitely CloudTen will benefit from this agreement.
 
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