Wednesday 19 February 2014

Introduction to Amcom

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
The company has again started the new financial year in a strong position with great results for the FYE:

  • 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

8 comments:

  1. Looking good Megan. Sounds like you have a good grasp of your company already.

    ReplyDelete
  2. I agree, I also like your layout and theme.

    ReplyDelete
  3. Ahh, good job with your blog and this post! I better get cracking.

    Jade

    ReplyDelete
  4. Sounds like a company to keep an eye on. Love a booming company. Great layout too - really effective.

    ReplyDelete
  5. Great Work Megan, I love your set out...

    Check out my blog
    http://andreadavis21.blogspot.com.au/

    ReplyDelete
  6. Interesting blog and layouts! Good Job!!!

    ReplyDelete
  7. Hi Megan,

    I agree with Ben...you have a great understanding of your company. It is exciting to see such a substantial increase in profit from one year to next.

    Good work, Jess.

    ReplyDelete
  8. I also have a technology services company which appears to be growing at a very fast rate. Have all of the four year (2013,2012,2011,2010) seen a profit, or were there some year which saw losses?

    ReplyDelete