Coffee Microcaps Morning Meeting (ST1 & VOR) 21 May 2020
Channel: Coffee Microcaps
Date: 2020-05-22

The 4th instalment of the Coffee Microcap Morning Meeting

We have the following 2 presenters 
1. Sol Lukatsky CEO of Spirit Telecom (ASX: ST1)
2. Jeffrey Lai CEO of Vortic (ASX: VOR) Starts 30min 41sec

About Spirit Telecom
The Australian Telco & I.T. industry is ripe for disruption and over the past year Spirit Telecom (ASX: ST1) has proven it can take on the task.

Spirit Telecom is a company built on the simple premise that businesses deserve better, faster, and more reliable Internet – and it’s resonating with the Australian market.

The Company saw its total revenue growth up 146% to $14.3M and B2B revenue growth up 216% to $12.4M in the January-April 2020 period compared to the same period last year, and possesses an available balance of $14.8M in cash and debt facilities for acquisition targets in line with its growth strategy, including an expanded debt facility backed by Commonwealth Bank of Australia.

The nimble nature of the business, its ability to deliver on its promise of great service to SMBs and essential industries in Australia, including hospitals, schools, aged-care, and government, and its smart, disciplined acquisition strategy have contributed to its rapid growth over the past 12 months.

Now firmly established as a challenger brand with the infrastructure and expertise to take on the industry giants, Spirit Telecom is accelerating its growth plans, via its digital platform Spirit X and patient assessment of M&A targets. 

For more information please visit the website; https://spirit.com.au

About Vortiv Limited
Vortiv Ltd (ASX: VOR) and formerly known as Transaction Solutions International is a technology-based company focused on cloud and cybersecurity.  The Company provides cloud and cybersecurity services to banks, insurance, utilities and government agencies.  It has two 100% subsidiaries, Decipher Works and Cloudten, which help large clients design, build and manage leading-edge and best in class cloud and cybersecurity solutions.  Decipher Works is a leading Australian identity and access management specialist and has served some of the largest companies in Australia.  Cloudten is a highly-accredited AWS partner and is the first Australian consulting partner that achieved both the Government and Security competencies.

For more information please visit the website; www.tsnltd.com.au

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