NetComm Wireless Investor Insights September 2018
 
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NetComm Wireless
Investor Insights

September 2018 | ASX: NTC

 
     
 
Reports
     
 
AGM 2015

Dear fellow shareholder,

The past financial year has seen unprecedented financial performance and we continue to make excellent progress around innovation and growth. Throughout 2018, we expanded key projects and strengthened our company’s position as a leading global connectivity provider.

For NetComm, fixed wireless 5G presents a significant opportunity in global markets and the investments planned for FY19 will place us ahead of a technology wave that is expected to change the wireless landscape.

We received the industry’s premier accolade for innovation in recognition of the Distribution Point Unit (DPU) and Network Connection Device (NCD) technology that we supply to nbn for its FTTC network; and recently announced an extension of the agreement to supply the next generation of Gfast DPUs to nbn for high density deployments. Against this backdrop, we are focused on the delivery of similar large-scale solutions in Europe and globally.

I look forward to keeping you updated on our progress over the coming year and hope to meet you at the AGM to be held on 21st November, 2018.

Yours sincerely,

Ken Sheridan
CEO and Managing Director, NetComm Wireless

 
     
 
 
 
     
 
Reports
     
 

Record FY18 results

FY2018 Results

The Company announced its full year 2018 results on 27 August, reporting a 69% increase of Group revenue to $181.7 million and a significant increase in EBITDA ($20.5 million), NPAC ($8 million) and operating cash flow ($23.7 million). The Company's balance sheet remains strong with no debt and cash of $27.3 million and new major contracts strengthen future growth prospects.

Read the FY18 financial report

View the FY18 results presentation

Listen to the FY18 group conference call

 
     
   
     
 

NTC to supply nbn with Gfast high port count DPUs

nbn

The Company extended its agreement with nbn to supply a new generation of technology for the nbn™ FTTC network. Building on its current position as nbn’s supplier of 4-port Distribution Point Units (DPUs), NetComm will deliver new 8 and 16 port reverse-powered Gfast DPUs to deliver fibre-like broadband speeds to high-density locations such as Multi-Dwelling Units.

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Appointment of Non-Executive Director

Director Appointment

Ms Jackie Korhonen was appointed to the Company’s Board a Non-Executive Director on 27 August 2018. Ms Korhonen brings over 30 years of experience in the IT industry to the Board. She held several executive positions within IBM in Australia and Asia; and was previously CEO of Infosys Australia/NZ (a subsidiary of NASDAQ-listed Infosys, a global leader in consulting, technology and outsourcing) and SMS Management & Technology (ASX listed Consulting and IT services company).

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Latest News
     
 

NetComm wins ACOMM Award for Vendor Innovation

Acomm Award

The communications industry’s premier award for innovation was presented to NetComm at the Annual Communications Alliance ACOMM Awards Dinner. NetComm’s network-grade Distribution Point Unit (DPU) and Network Connection Device (NCD) were recognised as the world’s first viable alternative to fibre in areas where it is not practical or economical to deploy Fibre-to-the-Premise (FTTP).

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New Industrial IoT product to accelerate business productivity

NTC-100

4th September 2018 marked the global launch of the NTC-100, a new addition to the Company’s IIoT portfolio and the first device of its kind to connect all low power, low bandwidth devices to LTE Cat M1 and Narrowband IoT (NB-IoT) networks worldwide.

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