CHANNELDEX : Yielding returns in the Net game
LookSmart, Davnet, Melbourne IT, World.Net Services, Investika, QPSX
LookSmart, Davnet, Melbourne IT, World.Net Services, Investika, QPSX
Telstra, PowerTel, HPAL, Pineapplehead, Quadtel, and Netcomm
Solution 6 Holdings is intent on erasing the questionable practices of the past and has undertaken an extensive divestment and reconstruction program over the last 18 months. The company claims that the initiatives have paid off and expects to be EBITDA (earnings before interest, tax, depreciation and amortisation) positive in the current quarter.
Now generating revenue from three main sources - licence fees, consulting, and products and services - SecureNet is aiming to shift from one-off payments to recurrent revenue. This will be achieved through e-commerce trust centres, which are currently being established.
CommSecure Ltd, eServ Ltd, MYOB Ltd, LookSmart Ltd, VeCommerce, Intellect Holdings
SecureNet Limited, Volante Group, Technology One, Integrated Research, Data #3 Limited, Circadian Technologies, Kaz Computer Services, SmartWorld Corporation
Just how well do channel companies perform on the ASX? Solution 6 Holdings epitomises the tech boom and subsequent crash with a share price that hit $17.70 in December 1999 and then bounced off a recent low of $0.92. But unlike other Internet start-ups, Solution 6 has a substantial business with global reach.