Konekt Limited on the move after announcing their FY18 financial results.
Highlights:
- Underlying Revenue up 67% to $88.9 million including 9 months contribution from Mission Providence acquisition
- Underlying EBITDA up 56% to $9.1 million ($5.8 million FY17)
- Underlying EPS before amortisation up 20% to 6.1cps (5.1cps in FY17)
- Final dividend declared of 1.0 cps fully franked, (0.75 cps fully franked in FY17)
Five year performance:
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The Konekt Limited market cap is only around $40 million. If they can continue to keep up this kind of revenue and EBITDA growth KKT could represent real value at current prices.
The share price is currently 37c, up 15.62% on yesterday's close.
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