All posts by Nick Harris
Senior Analyst
Sectors Covered: Telecommunications, Technology
By Nick Harris
07 October 2021, 8:00 AM
Swoop (ASX:SWP) has announced the acquisition of Newcastle based telco Countrytell. Strategically the deal makes sense and financially it is highly accretive. SWP is paying 4.2x FY22F EBITDA vs trading on ~35x (yesterdays close and excluding earnings from todays acquisitions).
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By Nick Harris
27 September 2021, 8:00 AM
Swoop (ASX:SWP) owns and operates one of Australia’s largest fixed Wireless Internet Service Providers. It is focused on regional areas where there are low internet speeds.
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By Nick Harris
17 September 2021, 8:00 AM
With T22 now upon us, Telstra’s investor day focused on aspirations for T25 (from FY23 to FY25), and they didn’t disappoint.
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By Nick Harris
30 August 2021, 11:30 AM
NEXTDC's (ASX:NXT) FY21 result was slightly better than guidance and our forecasts. FY22 revenue and EBITDA guidance is in line with market expectations. For both years growth was/is expected to be 20-30% pa. It was a good year and a good outlook.
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By Nick Harris
25 August 2021, 8:00 AM
SLC’s FY21 result was in line with our expectations. On a continuing business basis revenue grew 14% and underlying EBITDA grew 108%
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By Nick Harris
23 August 2021, 9:00 AM
TPG reported its 1H21 result. This is the first time we’ve seen some runs on the board from the merged group. EBITDA of $886m was inline (-2%) versus our forecast. It was down 3% yoy but pleasingly up 2% from 2H20 to 1H21.
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By Nick Harris
13 August 2021, 7:30 AM
Telstra Corporation’s (ASX:TLS) FY21 result, FY22 guidance and confidence in the path to sustainable EBITDA of $7.5bn+ by FY23 were inline with our and consensus expectations.
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By Nick Harris
11 August 2021, 9:25 AM
We rate management, their track record and the MP1 business model highly. View our analysis on their FY21 result.
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By Nick Harris
04 August 2021, 3:00 PM
Senior Analyst Nick Harris discusses his FY21 results preview for the Telecommunications and Technology sectors. Including NBN rollout, TPG, Telstra and Next DC amongst other stocks.
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By Nick Harris
23 July 2021, 8:00 AM
Earlier this month Megaport Limited (ASX:MP1) pre-released the KPIs for its Q4 result. The highlights included: a record sale quarter on a number of fronts, first customers for their new MVE product and $136m of cash at bank.
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