Total Communications Infrastructure Limited (TCI) 30 June 2006 – Full Year Result Key Operational Highlights •Vodafone 3G networks launched in Brisbane, Adelaide & Perth •Commencement of Austar regional wireless broadband rollout •Substantial progress of Ericsson’s deployment of Telstra 3G services in Queensland •Secured national design, build & installation contract with Telstra •Acquired Radhaz Consulting – specialist EME services and audit Key Financial Highlights •Revenue down on the previous period as previously advised to the market o Strong cost control and operational efficiencies - excellent earnings outcome •Revenue of $77.1 million •NPAT of $14.1 million •Fully franked final dividend of 5.0 cents per share •Cash reserves at balance date of $11.8 million, nil debt
Service Stream Announces Strong 2006 Result Highlights – 2006 Financial Period • Revenue of $171.0 million, +182.3% • EBITDA of $8.7 million, +284.3% • NPAT of $4.4 million, +317.7% • Maiden interim dividend for the year of 0.75 cents per share • Final dividend of 1.12 cents per share • Acquisition of Milcom Communications in January 2006 on 4 times EBITDA for FY06/07 • Oversubscribed capital raising of $10.3 million in November 2005 • Major contracts won and re-signed totalling approximately $500 million to 2009 • Growth in ticket of work volumes have grown from 900 per day in FY05 to more than 4,000 per day by FY06 end • National footprint expanded to 14 locations across Australia • On track to achieve annual revenue of $300 million by end 2007 • Strong outlook underpinned by existing major contracts, strong balance sheet, expanded service offering and expected large-scale infrastructure investment in the communications sector.
TCI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
