|Bid||0.052 x 0|
|Ask||0.054 x 0|
|Day's range||0.0500 - 0.0520|
|52-week range||0.0500 - 0.1400|
|Beta (3Y monthly)||-0.90|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Melbourne, Australia, Nov 20, 2018 - (ABN Newswire) - Tesserent Ltd (ASX:TNT.AX - News) has provided a market update as its acquisition of Asta Solutions Pty Ltd ('Asta') nears completion. Analyst comments: this announcement confirms not only that the Asta acquisition remains on track for completion before year's end but also that the group's combined revenue during the 2018 financial year amounted to $18 million. In other words, Tesserent is currently trading at a revenue multiple of less than 0.7x, which is extremely low given that it operates in a rapidly growing sector.
Tesserent Limited (ASX:TNT), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is TNT will Read More...
Melbourne, Australia, Aug 1, 2018 - (ABN Newswire) - Tesserent Limited (ASX:TNT.AX - News) has signed a binding-terms sheet (subject to various conditions precedent) to acquire Asta Solutions Pty Ltd ('Asta'). Asta is an Information Communications Technology (ICT) company and has more than 200 clients, serviced by 85+ staff located in Melbourne, Sydney and Auckland. Asta has signi?cant expertise in a number of areas important to Tesserent's strategy, including cloud technologies, managed services and the development of blockchain applications.
After looking at Tesserent Limited’s (ASX:TNT) latest earnings update (31 December 2017), I found it helpful to revisit the company’s performance in the past couple of years and compare thisRead More...
Melbourne, Australia, Feb 23, 2018 - (ABN Newswire) - Tesserent Limited (ASX:TNT.AX - News) an ASX-listed company, provides cyber security services ('Managed Security as a Service' or SECaaS) to a range of highly regarded Australian and international corporate clients. Recently, Tesserent launched CyberBiz, targeting the two million small- to medium-sized businesses ('SMBs') in Australia. Tesserent has identified a growing need for cyber security services for these sizes of enterprise, which hackers are increasingly targeting due to the generally lower levels of cyber protection among SMBs.