News and Announcements
BPS Technology Chairman’s Address to Shareholders and Shareholder Presentation
- Published November 19, 2015 11:45AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
18th November 2015, ASX Announcement
Dear Fellow Shareholders, Ladies and Gentlemen, Staff of BPS Technology Limited – welcome to the Company’s first full year results since listing. Technically this is our second AGM but last year’s meeting was reporting on a zero trading period before we actually were listed on the ASX which occurred on 9 September 2014.
The Company and its Management undertook a considerable task in the nine months post September 2014.
The Company did achieve some important key milestones namely:
- Revenue $48.1 million – slightly below prospectus forecasts due to the delay in the launch of bucqi
- EBITDA of $10.1 million – exceeding prospectus forecast of $9.9 million driven by a strong performance of Bartercard
- NPAT $7.9 million – exceeding prospectus forecast of $6.5 million, driven by Bartercard and a more favorable tax outcome
- EPS 14.88 cents exceeding prospectus forecast of 11.11 cps
- Full Year Dividend of 5.5 cents per share unfranked
To read the full announcement, please click here.
To view the presentation, please click here.
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