By Nick Harris
26 October 2021, 9:30 AM
Telstra Corporation (ASX:TLS) will acquire 100% of PNG mobile operator Digicel. TLS is effectively guaranteed a six-year payback on its US$270m equity contribution with the Australian Government insuring the risks.
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By Nick Harris
25 October 2021, 7:00 AM
Megaport Limited (ASX:MP1) reported another strong quarter with record Annualised Recurring Revenue added.
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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
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 Scott Murdoch
20 August 2021, 12:00 PM
IRESS (ASX:IRE) 1H21 results (pre-announced) – reported NPAT flat on pcp
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By Alexander Mees
18 August 2021, 9:30 AM
Shares in Breville Group (ASX:BRG) sold off after it delivered earnings in line with, but no more than, guidance. This is hardly surprising given the premium valuation of the stock, but certain positive dynamics may have been missed in the rush to take profits.
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By Alexander Mees
17 August 2021, 8:00 AM
JB Hi-Fi benefitted from the strength in demand for consumer electronics and home appliances during FY21 to record double-digit LFL growth in every division, complemented by strong operating leverage to drive EBIT up 53.8%.
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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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