A bit of concern about revenue growth on HC. CEO explained...

A bit of concern about revenue growth on HC.

CEO explained clearly at the teleconference that the company is very much focused on growing the high margin segments of the company ie. 'business' and 'wholesale minutes'.  And in 1H2015 there was excellent growth in both these segments -  due to the number of new Virtual PBX customers signed up - this will underwrite strong growth in 2H2015 and beyond. The company continually emphasises the objective of profit growth and the CEO stated that margins are expected to rise further. He mentioned that Pennytel is waiting in the wings to become a bigger residential player once the NBN reaches critical mass and there is a level playing field. It was also noted that iBoss (high margin aggregator business) has already picked up 1300 services in 3 months but will make a meaningful contribution moreso in FY16.

I'm not sure where the share price is headed short term, but I do know that there is a large addressable market awaiting this company, and they have shown that they have the IP and the credentials to fully exploit it.