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Business Description: eServGlobal Limited (ESV) is a global telecom software vendor specialising in mobile money solutions and value-added services (VAS) for mobile service providers. The company has an investment in product development, aligning with the requirements of more than 80 customers in over 55 countries. The company has two main divisions namely value added services and mobile money services.
Strategy Analysis: ESV is focused on long-term initiatives in order to generate more dependable income streams. Customised development has previously had high associated delivery and support costs which will be reduced with the exploitation of the design flexibility and configurability of company platforms. Investment in R&D will grow, as well as the continued expansion into the Middle East, Asia and Latin America. Key success factors of the business will be developed and include; software product sales, geographical expansion via channel partners, strategic account management and improvement in operational efficiency and leverage.
Eservglobal reported NPAT of $39.01m for the year ended 30 June 2011. Revenues from ordinary activities were $42.81m, down 45.1% from last year. Basic and Diluted EPS was 19.8 cents compared to (16.5) cents last year. The net operating cash outflow was $9.57m compared to an outflow of $13.04m in the pcp. No dividend was declared.
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The Age 24/05/2013 |
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The Age 24/05/2013 |
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