Quadtel is growing rapidly, good contracts in place and a near monopoly on residential broadband equipment which is experiencing more than 100% growth. So what's the problem? The shares are cheap and the company has solid upside potential.
"Quadtel Ltd (ASX: QTL) announces record 4th quarter sales reaching $5.9 million. This result represents a 62% increase on 3rd quarter results and a 97% increase in sales for the same period last year.
The company expects to close the financial year with $18.5 million revenues (compared to $8.5 million last year), exceeding the original target of $16 million. The retail focused division of the business (better known as Marketing Results) has generated 75% of this
revenue, representing a 17% increase in its activities since last year. The impressive results are the outcome of the healthy business model in place and the impressive product offering available."
QTL
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Quadtel is growing rapidly, good contracts in place and a near...
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