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anittel group ltd (AYG) Snapshot

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10/15/13 - A$0.0090
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04/24/14 - A$0.0030
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anittel group ltd (AYG) Details

Anittel Group Limited, an information technology (IT) and telecommunications company, provides technology and connectivity services for small-to-medium sized enterprises in Australia. It operates through Telecommunication services; and IT products and services segments. The company offers IT support services comprising managed and on demand IT services, as well as embedded and professional services; and telecommunications solutions, including unified communications systems, phone lines, inbound lines, conferencing, and IP telephony systems. It also provides Internet and networking solutions comprising private networking, fiber network connection, Ethernet, wireless, and ADSL2+ solutions; and cloud services, such as cloud virtual servers, offsite backup, email security, email hosting, and email archiving, as well as domain and Websites services. In addition, the company offers hardware and software solutions, including desktops, laptops, tablets devices, server and storage, networking and security, virtualization, printing and scanning, software licensing, application development, and power and cooling solutions. Further, it supplies telecommunications and IT goods and services. The company serves corporate, education, health, and finance industries, as well as government, utilities, and not-for-profit organizations. Anittel Group Limited is headquartered in North Sydney, Australia.

anittel group ltd (AYG) Top Compensated Officers

Executive Chairman, Managing Director, Member...
Total Annual Compensation: A$150.0K
Chief Financial Officer
Total Annual Compensation: A$243.2K
Managing Director
Total Annual Compensation: A$84.0K
Chief Technology Officer
Total Annual Compensation: A$178.0K
Company Secretary
Total Annual Compensation: A$41.5K
Compensation as of Fiscal Year 2014.

anittel group ltd (AYG) Key Developments

Anittel Group Limited Reports Preliminary Earnings Results for the Year Ended June 30, 2014

Anittel Group Limited reported preliminary earnings results for the year ended June 30, 2014. For the year, the company reported sale has reduced revenue from $50.947 million to $43.325 million. Adjusted EBITDA was negative $0.528 million against $0.255 million, which reflects the significant and ongoing investment over the last twelve months in deploying HCS offering.

Anittel Group Limited Announces Earnings Results for the Half Year Ended December 31, 2013

Anittel Group Limited announced earnings results for the half year ended December 31, 2013. For the period, the company reported positive adjusted EBITDA of $0.299 million against $0.123 Million which is an increase of 143% over the previous corresponding period. This result is net of the significant and ongoing investment over the last 6 months in deploying the`Hosted Collaboration Service' (HCS) offering. Net loss was $915,000 against $5,939,000 a year ago. Revenue from hardware and software product stabilized with margins improved by 31% compared to the margins achieved in the previous corresponding period. Operating cash flow of negative was $1.002 million against $1.813 million a year ago.

Anittel Group Limited Secures $3.5 Million of Contracts in Victoria

Anittel Group Limited announced that the company has secured contracts in Victoria valued at $3.5 million in direct services revenue over 3 years. As part of these agreements, Anittel will provide Managed IT, Telecommunication and Hosted Services to key Victorian based clients through to the end of 2016.


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