logo-loader
view5G Networks Ltd

5G Networks is cash flow positive and targeting new acquisitions for expansion

5G Networks Ltd (ASX:5GN) chief executive Joe Demase speaks to Proactive Investors about the Telecom company’s achievements since listing in November 2017, revealing how strategies will be brought forwards to continue growth.

"We've been quite busy since we listed. We've done two acquisitions, so we've grown our customer base from quite a handful just up to nearly a thousand customers now, and we've grown revenue... we are cash flow positive and we're profitable. So it's exciting times, we're looking for other acquisitions and we're looking to cross sell services," says Demase.

Quick facts: 5G Networks Ltd

Price: 0.87 AUD

ASX:5GN
Market: ASX
Market Cap: $57.05 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Argo Blockchain CEO 'super optimistic on 2020' as it...

Argo Blockchain PLC's (LON:ARB) Peter Wall chats to Proactive London's Andrew Scott soon after assuming the role of CEO. He says they're ahead of schedule to reach their goal of 17,000 installed machines by the end of the first quarter of this year. ''2020 is really about optimising what...

6 hours, 38 minutes ago

2 min read