Welcome to Manaccom Corporation Ltd
Manaccom Corporation Ltd is a combination of 2 successful businesses - Jumbo Corporation Limited and Manaccom Pty Ltd.
Jumbo Corporation listed on the Australian Stock Exchange in 1999 and is a leading developer of e-commerce and online retailing technologies. It also operates the popular Ozlotteries.com web site where tickets for popular Australian Lotteries are available to purchase online. Ozlotteries has sold 26 first division winning tickets in its history including 21 First Division Saturday Lotto tickets and 1 First Division Powerball ticket.
Manaccom Pty Ltd is Australia's Favourite Software Publisher. Founded in 1986, Manaccom has grown by distributing popular software titles such as Trend Micro Internet Security, Net Nanny and Zone Alarm.
Please visit www.manac.com.au
Listen to interview of Manaccom CEO - Mr Mike Veverka
regarding "Manaccom Acquires Successful Software Business For $3.45 Million" announcement on 28th of Oct 2008 - Click Here
Listen to interview of Manaccom CEO - Mr Mike Veverka
regarding "Manaccom Acquires Software Distribution Business" announcement on 18th of Sept 2008 - Click Here
Listen to interview of Manaccom CEO - Mr Mike Veverka
regarding "Manaccom Announce Record Profit and Maiden Dividend" announcement on 26th of Aug 2008 - Click Here
IMPORTANT NEWS - Monday 10th November 2008
AEGIS Emerging Companies Review Quarterly Report
OUTLOOK: MNL has successfully met its upgraded FY08 revenue and NPAT guidance. The company has commenced dividend payments and resolved to pay dividends representing not less than 20% of NPAT going forward. The company is using its solid cashflows and a measured increase in borrowings to take advantage od acquisition opportunities brought about by the weakening economy. MNL expects to generate reliable cash flows, which should underpin future dividends and acquisitive growth.
IMPORTANT NEWS - Tuesday 28th October 2008
Manaccom Acquires Successful Software Business For $3.45 Million
Leading Australian IT and e-commerce company Manaccom Corporation Limited (ASX:MNL), announced today it had signed a contract to acquire Star System Solutions, a successful enterprise software business, for $3.45 million.
The acquisition will strengthen Manaccoms enterprise software division by providing a more balanced mix of retail and enterprise software sales and move Manaccom up the supply chain from software reseller to IP ownership.
"The acquisition of Star fits neatly into our software sales division and gives us a foothold into the enterprise software market", said Manaccom CEO, Mr Mike Veverka.
Full Media Release - PDF 240kb
IMPORTANT NEWS - Tuesday 26th August 2008
Manaccom Announce Record Profit and Maiden Dividend
Leading Australian IT and e-commerce company, Manaccom Corporation Limited (ASX:MNL), today announced a record net profit after tax (NPAT) of $2.73 million and revenue of $37.8 million for the 2008 financial year.
The Company also confirmed a maiden 1.0c dividend would be paid being 100% franked, representing a 4% yield based on yesterday's closing share price of 25c.
The results include a deferred tax adjustment that increased the NPAT by $765,967. Without this provision, NPAT would have been $1.96 million which is within the Company's forecast range of $1.7 to $2.3 million.
"Our record result was driven by the successful acquisition of Manaccom Pty Ltd, as well as strong growth in the online division," said Manaccom Corporation Limited CEO, Mr Mike Veverka.
Full Media Release - PDF 342kb
2008 Annual Report available now
Download 2008 Annual Financial Report now
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Company Snapshot as of 18/11/08
| ASX Code: | MNL |
| Shares on Issue: | 43 million |
| Options on Issue: | 3 million |
| Share price (18 Nov 2008): | 17c |
| Market Cap: | $7.3 million |
| FY 2008 NPAT | $2.73 mil |
| FY 2008 EBITA | $2.86 mil |
| PE (FY08 NPAT) | 2.7 |
| PE (FY08 EBITDA) | 2.6 |
|
Projected share price based on FY 2008 NPAT $2.73 mil |
|
| PE of 7.5 | 47c |
| PE of 10 | 63c |
| PE of 15 | 95c |
| EPS (FY08 NPAT) | 6.3c |
| Dividend Per Share: | 1.0c |
Media
JUM - The Winning Numbers
An audio interview with Mr Mike Veverka, CEO Aired Monday, 23 October 2006 11:00 AM on Boardroomradio.com
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All our Main and Administrative announcements can be found in the Media section.
