News and Announcements
Bulletproof Annual Update 2015; Revenues up 59% & Raises 3.5m
- Published December 16, 2015 12:07PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
- Closed FY15 revenues up 59%, and underlying EBITDA up 42% on FY14; revenue growth was supported by 300% YoY growth on Managed Public Cloud revenues and 156% growth in Professional Services revenues as the end to end offering takes hold.
- Completed the acquisition of Infoplex Pty Ltd on 8 October 2015, for $3.55m. Infoplex is a managed Private Cloud enterprise-focused business with c.$6m annualised revenues. The transaction was supported by a successful institutional capital raising of $3.8m that completed on 23 September 2015.
- A subsequent Share Purchase Plan to existing shareholders completed on 31 October 2015, raising a further $3.5m (when scaled back), $2m over the expected take up, reflecting strong support for the Company.
- FY16 Q1 resulted in positive cash flows at the operating line, as the business continues to scale and invest in growth.
- On 3 December 2015, Bulletproof was awarded Frost & Sullivan’s Managed Cloud Service provider of 2015 award – see http://www.bulletproof.
net.au/bulletproof-named-2015- for detailsfrost-sullivan-australia- managed-cloud-service- provider-of-the-year/
Bulletproof became an AWS Premier Consulting partner in 2013 and was re-certified in 2014.
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