News and Announcements
BPS Technoloy AGM Presentation and CEO address
- Published November 29, 2016 10:51AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
28th November 2016, ASX Announcement
The Company and its Management has made considerable headway in the twelve months since our last AGM:
- The Group’s revenue increased to record levels, rising 4% to $50.2 million— breaking the $50 million threshold for the first time
- Our Gross profit grew by 3% to $38.6 million, driven by development of new and existing Bartercard territories
- The Bartercard business introduced a new sales model without joining fee accelerating activity across the Bartercard network, with Australia showing growth in new member sales of 25% year-on-year but this was not without some cost
- Our Earnings before interest, tax, depreciation and amortisation (EBITDA) of $9.5 million was $0.5 million lower than the previous period as a result of the reduced joining fees to optimise the Bartercard sales model
- Net profit after tax was $7.34 million, $0.5 million lower than the 2015 result – this tracked the EBITDA outcome
- Dividends paid to shareholders amounted to 4.0 cents per share comprising a 2.0 cent unfranked interim dividend and a 2.0 cent fully franked final dividend
- We expect Dividends going forward to be fully franked
- In December 2015 we raised five million dollars via convertible notes which is set to be repaid or converted on or before December 2016.
To view the full announcement, please click on the button below.
To view the full Presentation, please click on the button below.
Company Updates
BlackRock has named the next Economy. What this latest paper means for Private Market Investors.
BlackRock has put a name on something the smart money has been circling for two years. Its digital assets research team calls it the machine-native economy. The thesis fits in one line. AI is machine-native intelligence. Digital assets are machine-native money. Both are built on the same architecture, and they are converging into a single […]
Where’s the beef? Blackstone just answered the AI question.
In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation
For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]
Backed By Leading Investment Groups and Family Offices
