ICT provider Amcom has delivered what it called "another year of record profit" – hitting $22.4 million.
The upbeat news comes after a financial year in which Amcom actively sniffed around for acquisitions and expanded its data centre network to seven facilities.
The company announced to the ASX that even after accounting for "acquisition and integration costs", net profit had climbed $1.6 million from the previous year. Revenue was also up, reaching $170.4 million for the year ending 30 June, compared with $157.7 million in 2013.
All three business segments – telco, hosting and cloud, and IT services – saw EBITDA increase.
According to the firm, about 300 new customers have signed up for its data networks services in the past year. The total data centre footprint is now 650 racks, with 91 percent utilised.
Amcom now owns seven of the 70 data centres in its network, with locations spread over Perth, Darwin, Brisbane, Sydney, Melbourne and Adelaide.
The IT services business saw revenue fall by 9 percent, but EBITDA jump 31 percent as it focused on "core technologies" during the year.
Just two weeks ago, Amcom made headlines with a 13,000-user hosted collaboration deployment – work that supplier Cisco said was the largest public sector rollout of its product in Australia.
In June, the Perth-headquartered public company revealed a $40 million pool had been generated to expand its presence in the eastern states. Chief executive Clive Stein told CRN at the time that priority would be on acquisition targets with Cisco credentials.
-1.jpg&w=100&c=1&s=0)
.png&w=100&c=1&s=0)
