BigAir today put up their HY13 results, and while I (and so it would seem, the market) was expecting better, the results are still solid: Revenue $15m (up 36%) EBITDA $5.5m (up 20%) NPAT $2.37m (up 15%) Operating Cash Flow $4.48m (up 19%) What we see is a business priced at $100 million, with … More BigAir – HY13 numbers (BGL)
This is the only adjective I would use to describe the current economies of the developed world. I have set out my reasoning below, with what I am planning to do to protect my assets. While it is already outlined in the “about” section, I am not a financial advisor and nothing on my … More Why the developed world’s economies are fucked
It’s not very stoic to celebrate when an event outside your control affects your life positively, but it does feel good to have your original reasoning validated by a response in the market. Even though EBITDA for FY12 was slightly lower than I’d anticipated, BGL shot the lights out, recently paying a maiden 1c … More BigAir – Home of the Happy Dance (BGL)
In reviewing my current book, there are a couple of stocks I have either sold down, or plan to sell down in the near future: AMM: I have now fully exited my position in AMM. There is likely to still be good growth but with the recent price appreciation I’m happy to book a … More Profit taking
BigAir posted their HY12 numbers today, and even though I’m a true believer, I was still impressed by BigAir’s excellent result. Let’s review: Revenue up 115% to $10.97M EBITDA up 161% to $4.57M NPAT up 211% to $1.97M Cashflow up 57% to $3.78M Additionally, as at December 31, BigAir’s cash reserves sat at $4.1M. … More BigAir – The growth story continues, on track for maiden dividend (BGL)
BigAir confirmed earlier guidance by releasing preliminary full-year numbers. With revenue of $15.5m, BigAir’s EBITDA of $5.4m (up 69%) exceeded guidance of $5.2M with operating cashflow of $5m up 72%. BGL’s balance sheet is rock solid, with no debt, $2.8m cash, and more integration synergies to follow. Another important figure to note is annualised EBITDA … More BigAir full year numbers for FY11 (BGL)
Recently the Australian Financial Review has printed rumours that wholesale telecoms operator Vocus Communications (VOC) is eyeing BigAir as a potential acquisition target. Vocus have made data centre and fibre acquisitions recently, and Vocus’ wholesale business focus would make it an appropriate home for a company like BigAir, whose main channel to the market is … More Speculation of Vocus bid for BigAir (BGL, VOC)
Today after the market close, BGL announced a significant increase to EBITDA guidance for FY2011 up 30%, from $4m to $5.2m. Much of this uplift results from the contribution of the CVA and AccessPlus acquisitions. Because BGL’s revenues are largely from subscription services, the current annual EBITDA run rate is $7.5m, which should grow well above … More BigAir increased earnings guidance for FY11 (BGL)
Market Cap: 20m P/E: 10.9 P/B: 2.34 Dividend Yield: 0% A niche Wimax operator, BigAir operates a national network in 7 of Australia’s biggest cities. The company is geared towards delivering services to the wholesale market, leveraging the sales forces of other organisations who use BigAir services to complement their offerings. The key advantages of … More BigAir Group Limited (BGL)
