eServGlobal outlooks substantial revenue growth
Sydney, 31 May 2006
eServGlobal Limited today announced revenue guidance for the current fiscal year, ending 30 June 2006.
eServGlobal Limited (ASX:ESV & LSE:ESG), a worldwide supplier of independent and flexible telecommunications Value Added Services for Messaging and Charging solutions, today announced revenue guidance for the current fiscal year, ending 30 June 2006.
Strong sales and delivery activity in the second half is currently forecast to produce a revenue achievement above AUDmillion, representing 140% growth over the FY05 revenue achievement of AUD .8 million and reflecting the larger size of the company following the acquisition of Ferma SA in November 2005.
Corresponding growth in EBITDA (Earnings Before Interest, Taxation, Depreciation and Amortisation) is expected, excluding costs associated with the Ferma acquisition.
There are a number of assumptions included in the forecast, particularly in regard to external project dependencies not fully under the control of eServGlobal, which may reduce or increase the final result. We will advise the market if any significant changes occur.
“Our technology leadership in real-time charging and convergent billing, together with our customers’ positive response to new technology areas such as IMS, have underpinned our growth this year.” said Mr Ian Buddery, Executive Chairman of eServGlobal.
“Major new customer wins in developing countries have been a highlight of the year, together with the strong subscriber growth being recorded by many users of our re-charge, messaging and network services solutions. We are confident of continuing growth conditions going into our 2007 fiscal year.”
About eServGlobal
eServGlobal (LSE: ESG & ASX:ESV) specializes in enhanced multimedia communication services and real-time multi-networks control solutions. Our systems enable Service Providers to maximize today’s proven revenue streams whilst ensuring service continuity and new revenue opportunities when evolving to next generation networks.
eServGlobal solutions are designed for use in all types of networks from fixed to mobile to NGN/IMS. eServGlobal provides cost-effective and reliable multimedia messaging delivery from voice to video mail; from SMS routing, antispam control and value-added services to instant messaging and presence services. eServGlobal delivers the most advanced prepaid top-up methods and real-time rating enabling innovative marketing and prepaid-postpaid convergence
Headquartered in Sydney, eServGlobal has operations in 15 countries worldwide. More than 75 Service Providers in over 50 countries are taking advantage of our advanced solutions and multi-network expertise to successfully address their business challenges.
