TNT 6.00% 23.5¢ tesserent limited

Alan Kohler interview

  1. 713 Posts.
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    Hot off the press and very bullish numbers thrown around:

    You’ve got three in the pipeline, have you?
    We’ve got three that are well-advanced and a number more than that to do across the year. Plus, we’re forecasting reasonably strong organic growth from the acquisitions, which we think will get us on a really good increase across the year. We’ve definitely looked for double digit growth across the year through a combination of acquisitions and strong organic growth through cross-sell opportunities.
    What are we talking about, $50 or $60 million in revenue for the financial year, is that…?
    That’s an aspiration. Our Chairman has put it out there that the market’s growing, we’re seeing a huge uplift in spend by organisations. We’d be really disappointed if we didn’t get materially higher than that number. I’m not going to forecast what it is yet but we’d really like over the next couple of years to be more than double where we are today.
    I should have asked you this before – what’s your gross margin?
    Gross margin is really blended across the different types of business at around 40 per cent.

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