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TIM 4.4¢

crunching the numbers!!!

  1. aramalap2

    3,533 posts.
    In light of TIM asx announcement 13/12/02 re qtr end figures 30/9/02 i thought i'd try to come up with a yearly picture of how this co is travelling @ the moment because........

    the co said what was released did not provide a meaningful indication of full year result to 30/9/03

    so here we go....
    for the qtr new business revenue = 300,000
    that's aprox 1.2m for full year

    annuity revenue = 15.4m or 61.6m for full year

    as per last years result 'other revenue' for full
    year was 58.3m

    so what we have is:
    annuity revenue = 61.6m
    other revenue = 58.3m
    new business rev = 1.2m

    WHICH EQUALS = 121.1M
    as against last years result of 106.5m
    an increase of 14.6m approximate!
    or 13.71 per cent approximate!

    these figures are 'approximate only' but whichever way u look @ it TIM looks like (albeit similar performance to last year) increasing revenue as they have previously
    indicated in other asx announcements(re annuity income)

    on a worse case senario i'm tipping revenue growth of at least 5 per cent( to 110m - 112m) but this only my opinion on a approximate basis

    please read the red stuff down below

    cheers













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