Articles On Vonex (ASX:VN8)

Today Vonex Ltd (ASX: VN8) announced the successful integration of its last acquisition, hitting 45,000 PBX users and growth of SME customers and whitelabel offerings.

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Today, VN8 provided an update on the integration of its latest and largest acquisition — the $31M Direct Business purchased from MNF Group, the integration is progressing well as the companies combine into one - and the growth announced tod...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

Just under two years since Otto Buttula became chairman of Rhythm Biosciences (ASX:RHY), it has gained over 500% since – and the boss of the high flying biotech just chipped more in. Buttula, who in the past has headed financial services fi...

Our telco investment Vonex (ASX:VN8) released its full year results yesterday. We like what we saw, with the company successfully ticking off several key milestones.

Highlights Although COVID-19 hit several industries, it served as a tailwind for a few. Uniti Group has withstood the pandemic pressure delivering a massive jump in 1H FY2021 revenue. Pro Medicus signed multiple contracts during the p...

The ASX tech sector succumbed to the latest selloff in tech equities globally. dragging the rest of the bourse down with it. The ASX 200 retreated 0.7% to close at 7,379 points while the ASX Emerging Companies Index lost 1.06%, closing at 2...

Our telco investment Vonex Ltd (ASX: VN8) reported yet another robust quarterly result today, with unaudited sales revenue of $4.8 million for the quarter, leading to annualised recurring revenue (ARR) of $18.7 million.

MNF’s Direct Business sells cloud phone, internet and mobile services directly to SMEs and residential customers in Australia, as well as dedicated audio and video conferencing business.

Vonex is raising $10 million in a two tranche placement to help fund an acquisition to expand the footprint of its voice, mobile and internet service business.

There are a group of ASX shares that might be exciting ideas because of the business growth that they are generating. The below companies are ones that are producing fast double digit profit growth and have plans for more growth to come:...

A refinement to the MNF Group business has been welcomed, with the opportunities in wholesale voice services now firmly in its sights -Post Direct sale, MNF Group becomes largely a wholesale services provider-Potential to be a leader in who...

The MNF Group Ltd (ASX: MNF) share price is rising after the business gave a business update to shareholders. What’s happening to the MNF share price? MNF wanted to tell investors about its expansion into Singapore, update the market about...

Summary The S&P 500 dropped 9 points or 0.12% to close lower at 7286.40, snapping a three-session gaining streak. National Australia Bank, Crown Resorts and SkyCity Entertainment ended in red after AUSTRAC launched a probe against...

The Vonex Ltd (ASX: VN8) share price went flying today. At the close of trade, shares in the telecommunications company were selling for 16 cents each – up 10.35%. The substantial price movement comes after the company announced a new acqu...

Vonex (ASX: VN8) today announced a new acquisition to deliver $15.6M revenue with an EBITDA of approximately $5M in CY2020.

The ASX 200 close 0.19 per cent lower than Friday at 7,282 points and the ASX Emerging Companies Index fell 0.53 per cent to 2,168 points. Tech shares gaining 2.8 per cent although other sectors were more muted – REITs was the next best per...

The proposed transaction will materially expand the company’s footprint of small-to-medium and residential customers across Australia and will see the company migrate approximately 5,250 new business customers to its platform.

Summary The S&P/ASX200 was trading 8.70 points or 0.12% lower at 7,286.70, after setting a new 100-day high. Standard & Poor’s (S&P) has revised its long-term rating for Australia from ‘negative’ to ‘stable’. Shares of Alt...

Telecommunications innovator Vonex Limited (ASX:VN8) emerged from a trading halt on Monday morning, informing the market of a highly strategic development in the way of the negotiation of a conditional, non-binding term sheet with MNF Group...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has given back its early gains and is edging lower. At the time of writing, the benchmark index is down almost 0.1% to 7,290.9 points. Four ASX shares that are not letting that hold...

The MNF Group Ltd (ASX: MNF) share price has been a positive performer on Monday morning. At the time of writing, the VoIP network provider’s shares are up 6% to $5.25. Why is the MNF share price charging higher? Investors have been biddin...

The ASX 200 rose 1.05 per cent today to 7,218 and the ASX Emerging Companies Index was up 1.25 per cent to 2,194. Energy was the best performing sector, gaining 4 per cent after gains in oil prices overnight. Utilities gained over 2.6 per c...

Summary The ASX 200 closed lower by 19 points or 0.27% at 7142.60. The Australian dollar and bond yields rise after the RBA policy decision. The RBA kept interest rates steady at record lows to support the economic growth. Austral...

Small caps have dipped for a second straight day following their seven-day winning streak. The Small Ordinaries index closed yesterday down 12.1 points, or 0.37 per cent, to 3,278.8. Larger companies fared a little bit better, with the ASX2...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

The ASX telco segment has been running hot over the last 12 months. Since June 2020, the telecom services index (AXTJ) has risen by more than 20 per cent. Bellwether stocks like Telstra (ASX:TLS) for example. It’s risen by 15 per cent this...

Summary MetalsTech has completed its diamond drilling program at the Sturec Gold Mine. Vonex has finally wrapped up the integration of Nextel into its business operations. Legend Mining has discovered a new zone of massive/semi massiv...

Today Vonex Ltd (ASX: VN8) announced the successful integration of its last acquisition, hitting 45,000 PBX users and growth of SME customers and whitelabel offerings.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

As the first day of June marks the start of the last month of fiscal 2021, telecommunications innovator Vonex Limited (ASX:VN8) can be impressed with its achievements on the corporate front and from an operational perspective in the last 12...

Telecommunications innovator Vonex Limited (ASX:VN8) has provided an update on its activities for the quarter ended 31 March 2021. Supported by organic growth and a strong cash position of $3.9 million and nil debt, Vonex continued its proa...

Source: TZIDO SUN,Shutterstock Summary ASX-listed eSIM Roaming Data provider, Flexiroam signed a joint marketing agreement with a leading cryptocurrency-friendly travel booking platform. Through the agreement, Flexiroam’s products wou...

Source: Robert Andrei Vagner, Shutterstock Summary The telecom sector played a crucial role during the pandemic and is expected to continue supporting many businesses hard hit by COVID-19. The Government also took various initiatives,...

Vonex Limited (ASX:VN8) has released its interim financial report for the FY21 half year. Accompanied by a letter from the Chairman, the report highlights the company’s achievements over the six months and provides an outlook for the second...

We added Vonex Ltd (ASX: VN8) to our long term portfolio in September when it was trading at 14 cents per share. We invested because VN8 is not yet well known to ASX investors, but is aspiring to attain a similar valuation to its ASX listed...

Vonex Ltd (ASX:VN8) shares have exploded today after the company announced a multi-year wholesale agreement. In morning trade, the Vonex share price rocketed to an all-time high of 32.5 cents. However, some investors were quick to take pro...

Vonex Limited (ASX:VN8) announced today that it has signed a multi-year wholesale agreement with Orange Business Services, the global enterprise division of the $26.2BN capped Orange Group (EPA: ORA). Vonex is a full service, award-winning...

Telecommunications innovator Vonex Limited (ASX:VN8) confirmed on Tuesday that the company had completed its acquisition of the Nextel business, effectively closing a proposed deal which was signed off as a binding term sheet in mid-Decembe...

When we introduced award-winning telecommunications service provider Vonex Ltd (ASX:VN8) as our latest portfolio addition, it was on the back of an impressive and growing Annual Recurring Revenue (ARR) base. Today, Vonex announced its ARR w...

Summary Vonex has transitioned its Oper8tor project from R&D to commercialisation. Oper8tor is a multi-platform social media app for cross-communication. Vonex’s share price fell by 8.3% to A$0.22 (as at 11:25 AM AEDT). On 31...

Vonex Limited (ASX:VN8) has today announced its intention to acquire Nextel’s business and operations as a going concern. The acquisition will provide an immediate boost of approximately $1 million to Vonex’s base of annualised recurring re...

Telecommunications service provider and innovator Vonex Limited (ASX:VN8) has provided a positive update regarding continued growth across the Company’s Retail and Wholesale divisions. Wholesale developments are centred around the combinati...

Today, telecommunications group Vonex Ltd (ASX:VN8) published its 2020 Annual General Meeting, which highlights their strong operational and financial performance and future growth schemes. As the company develops, delivers and licences its...

Recurring revenue, facilitated by the acquisition of 2SG, has provided Vonex with forward earnings predictability. The 2SG acquisition cannot be underestimated, having provided Vonex (ASX: VN8) with substantial sales momentum.

2020 has been a stand-out year for Vonex (ASX: VN8), as it positions itself as the telco of choice for small to medium-sized enterprises (SMEs).

–The below is a company sponsored announcement– 2020 has been a stand-out year for Vonex ((VN8)), as it positions itself as the telco of choice for small to medium-sized enterprises (SMEs). Vonex has several platforms to help SMEs communi...

After following the story for a while, and having familiarised ourselves with management and the company, we have decided to take a long-term position in Vonex (ASX: VN8).