Sales focus pays off

JUNIOR telecommunications provider Amcom Telecommunications Ltd is predicting further growth after a solid December quarter.

In a report to the Australian Stock Exchange, the company reported a positive net operating cash flow of $1.6 million from sales of $2.8 million for the December 2001 quarter.

Executive chairman Tony Grist said Amcom now was reaping the benefits of its focus on sales and efforts to rationalise overheads.

Value-added services, including data centre services and remote network management, are starting to contribute positively to Amcom’s cash flow, he said.

The company had $4.1 million cash at bank at the end of the December period. After listing on the ASX in June 2000, Amcom shares hit $2 each. In recent months, however, they have been trading for about 10 cents, with a November 2001 high of 20 cents.