Predict your next investment

COMPUTER HARDWARE & SERVICES | IT Services / Infrastructure & Hosting
infoplex.com.au

See what CB Insights has to offer

Stage

Acquired - II | Acquired

Valuation

$0000 

About Infoplex

Infoplex offers private cloud and managed hosting services. The company's services provide "a flexible and cost-effective data storage and retrieval solution" to organizations preferring not to purchase and maintain their own physical IT infrastructure. Infoplex is positioned to capture the strong forecast growth expected in this segment.

Infoplex Headquarter Location

Level 5 486 Pacific Highway

St Leonards, Tasmania, 2065,

Australia

+61 2 8644 1200

Latest Infoplex News

Bulletproof kicks off the financial year with million-dollar cash flow

Oct 19, 2015

Australian-listed cloud and managed services provider Bulletproof has posted a net operating cash flow of AU$1.6 million for the first quarter of the new financial year. | Topic: Cloud Cloud services provider Bulletproof has reported a net operating cash flow of AU$1.6 million for the three months ending September 30, 2015. Australian-listed Bulletproof also said it held AU$6 million in cash at the end of the quarter. Latest Australian news Australia bucking PC downturn trend: Intel In its Q1 report, the company told shareholders it established a new office in Melbourne aimed at expanding its services in the region. Bulletproof also said that from July 1 this year, the company changed its accounting policy, which sees its Amazon Web Services (AWS) reserved instances no longer capitalised on its balance sheet as as asset; instead, it will appear as a "prepayment". The current quarter includes such reserved instances purchased in Q4 which Bulletproof said was to support existing customers, at a cost of AU$560,000. Last month, Bulletproof acquired managed private cloud firm Infoplex for AU$3.55 million in an aim to boost its private cloud offering. At the time of announcement, Bulletproof said Infoplex had annualised revenues of AU$6 million, with "maintainable" earnings of AU$1.4 million EBITDA annually. According to Bulletproof, once fully integrated, Infoplex is anticipated to generate in excess of AU$2 million EBITDA annually. Bulletproof CEO Anthony Woodward said the acquisition will help expand the business' private cloud compute and storage capacity and capability. "That not only expands our own offering, but also presents a clear opportunity to the company to acquire more of these customers. Infoplex uses technology platforms and skills in which we are already the proven market leader, providing managed private cloud services to customers like Bluescope Steel, Crownbet, and Movember," he said. For the financial year ending June 30, 2015, Bulletproof reported net profit after tax -- which included the revaluation of performance shares -- of AU$4.4 million , up from the AU$3.1 million net loss in FY14. For the full year EBITDA was AU$4.2 million, and revenue came in at AU$29.2 million, a 59 percent lift from the AU$18.3 million reported in FY14. This result for the financial year was in line with the company's July forecast . Late last year, Bulletproof signed a deal to acquire Pantha Corp for AU$3.9 million . While at the start of the year Bulletproof said the acquisition deal impacted its operating and investing cash flow, Pantha Corp had been fully integrated into the business by July this year. Bulletproof found itself publicly listed in January last year, following a reverse takeover of Western Australian-based mining company, Spencer Resources. Bulletproof's annual general meeting is to be held on November 13 in Sydney. Join Discussion

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Infoplex

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Infoplex is included in 1 Expert Collection, including Cloud Computing.

C

Cloud Computing

1,330 items

Cloud computing startups develop technologies for remote (off-premises) servers used to store, manage, and process data.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.