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Next Investors Oct 05, 2022
Today, up and coming telco company Vonex (ASX:VN8) announced an agreement to acquire Queensland based telco OntheNet, adding ~$15M in recurring revenue and ~$2M in EBITDA.
Next Investors Aug 04, 2022
VN8 is a small cap telco that provides cloud-based, telecommunication solutions to Australian small and medium enterprises (SME). The company posted $10.5M in revenue for the quarter, up 81% from a year earlier, marking VN8’s second consecutive quarter of record revenue as customer numbers continued to grow across all divisions.
Next Investors Nov 22, 2021
Our small cap telco investment Vonex (ASX:VN8) has been on an acquisition shopping spree, gobbling up 3 other telcos over the past 18 months. VN8’s acquisition strategy is a simple one that can be very effective in capturing market share and accelerating growth.
Next Investors Sep 21, 2021
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.
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Next Investors Jun 01, 2021
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.
Finfeed Archived Mar 01, 2021
Vonex Limited (ASX: VN8) has released its interim financial report for the FY21 half year. Accompanied by a letter from the Chairman, the report highlights the company’s achievements over the six months and provides an outlook for the second half of the financial year.
Finfeed Archived Feb 05, 2021
Roblox is planning a US listing, which was slated for this month after being pushed back from December as the company weighed up whether to IPO or DPO. The DPO has been pushed back again after the Securities and Exchange Commission raised concerns about how Roblox recognises its revenue from Robux.
Vonex Limited (ASX: VN8) announced today that it has signed a multi-year wholesale agreement with Orange Business Services, the global enterprise division of the $26.2BN capped Orange Group (EPA: ORA).
Next Investors Feb 03, 2021
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.
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