After reading through the 2013 Financial Report for Amcom Telecommunications Ltd, my immediate first impression is that this is a strong, innovative and rapidly growing company within the telecommunications and IT industry specialising in:
- Data Networks
- Hosted and Cloud Services
(I am ignorant – I thought this was just an Apple product eg iCloud with that little cloud icon??!!) - IT Services
- Profits up 23% to $20.8m
- Cash flow improved by 10% to $14.8
- Return on shareholder’s funds improved to 18%
- Full year dividends paid to shareholders increased by 10% to 5.5c per share (fully franked)
Amcom has a large customers base in the Government and Mining sectors. From my experience from working in both, having a robust IT infrastructure is imperative to its operations - makes sense to capitalise on this need and use these industries as a benchmark in terms of what products and services Amcom can provide to its customers.
My thoughts are this looks like a business which invests a lot of time, money and resources into research and development to entrench themselves as a market leader in this industry.
Megan
