TELECOMMUNICATIONS

Vonex Integrates $31M Direct Business into its Operations

Today, VN8 provided an update on the integration of its latest and largest acquisition — the $31M Direct Business purchased from MNF Group, the integration is progressing well as the companies combine into one - and the growth announced today is impressive.

VN8 Acquiring Smaller Players, Becoming Snack for Major Telco

Today Vonex Ltd (ASX: VN8) announced the successful integration of its last acquisition, hitting 45,000 PBX users and growth of SME customers and whitelabel offerings.

VN8’s Latest Acquisition Boosts Group ARR to Over $18M

When we introduced award-winning telecommunications service provider Vonex Ltd (ASX:VN8) as our latest portfolio addition, it was on the back of an impressive and growing Annual Recurring Revenue (ARR) base. Today, Vonex announced its ARR will continue to grow via the acquisition of telecommunications Nextel justifying our position in the company.

$31M ASX Small Cap Telco Posts $16.7M Annual Recurring

Recurring revenue, facilitated by the acquisition of 2SG, has provided Vonex with forward earnings predictability. The 2SG acquisition cannot be underestimated, having provided Vonex (ASX: VN8) with substantial sales momentum.

Meet Our Latest ASX Tech Portfolio Addition: VN8 is a Company Transformed

After following the story for a while, and having familiarised ourselves with management and the company, we have decided to take a long-term position in Vonex (ASX: VN8).

88% Revenue Growth for Vonex (ASX: VN8) - More Upside Ahead?

Vonex (ASX: VN8) demonstrated an 88% increase in annualised recurring revenue during fiscal 2020 to $16.4 million. The acquisition of 2SG has also been one of the company’s key achievements.

ASX Stock Pioneering Wearables Tech for Child Safety

MGM Wireless' (ASX:MWR) SPACETALK, the most secure smartwatch for children on the market today. Impressively, the same designers who brought the world the Apple Watch were advisors to SPACETALK.

VN8’s New Qantas Partnership Presents Blue Sky Opportunity

Vonex (ASX:VN8) has launched its partnership as VoIP and Hosted Phone System telco provider to Australia’s largest business-to-business loyalty program, Qantas Business Rewards (QBR).

Cashed Up VN8 One Step Closer to Commercialising World First Communications Tool

ASX tech junior, Vonex Ltd (ASX:VN8) is developing a world-first means of seamlessly linking voice calls and messages across multiple platforms and devices.

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