Investment Report by Microequities

Nov 25, 2009

ASX RELEASE – Wednesday 25 November 2009

Leading Micro Cap independent research firm Microequities, has produced an in-depth 19 page investment research report on Manaccom. The initiating coverage report by Microequities can be obtained through their website as well as www.manaccom.com.

  About Manaccom Manaccom reported a string of record results in the 2009 financial year, including the following:
  • Net Profit After Tax grew 78% to $3.0 million.
  • Revenue grew 57% to $59 million.
  • Dividends grew 50% to 1.5c per share.
  • EBITDA grew 77% to $5.1 million.
  Manaccom Corporation Limited has 2 main divisions. 1. Online Division. This division is involved in the online sales of Australian lottery tickets from www.ozlotteries.com and from a number of outlets in Pacific countries such as Fiji, Samoa and Norfolk Island. 2. Distribution and Software Publishing. This business was acquired in 2007 and it publishes and markets popular software titles through large retailers and independent resellers in Australia and New Zealand.   For further information: Mike Veverka CEO and Executive Director Ph: 07 3831 3705

Media Assets

 25112009.pdf