May 29, 2017

Declout IT Infrastructure Services, Vertical Domain Clouds VDC

DeClout Financial
"A global builder of next-generation cloud, data centres, e-commerce and marketplace companies. From our origins as a technology startup in 2010 to a listed company on the Catalist Board of the Singapore Stock Exchange in 2012, we have expanded our holdings’ operations and coverage to over 80 countries across Asia Pacific, the Americas, Europe, Middle East and Africa."

IPO price 0.225 on 24 Oct 2012

IT Infrastructure Services segment comprises three business groups. Within this segment, our group of companies form a one-stop data centre deployment and operations value chain. This value chain enables the Group to capitalise on the convergence of data, voice and applications in the infocommunications and technology industry.
1 Acclivis,
2 Beaqon and
3 Procurri

Pioneers in creating next generation Vertical Domain Clouds (VDCs) – domain-focused ecosystems that redefine business and lifestyle trends in Asia.
1 Corous360 Pte Ltd

Cashflow


29 May 2017
Below 200MA
Hit double bottom at 0.161. If breakout 0.164, may move back to 0.18



Aug 2016
Profit of $5M for 2Q16, up 83.7% from earnings of $2.7 million in 2Q15.
Quarter to June, revenue rose 3.5% to $75M.
Half year period, profit more than doubled to $411,000 as revenue rose 8.8% to $131.7 million.


Jan 2017
FY16 earnings more than double to $7.8 million
Revenue rose 8.8% to a record high of $304 million.

Declout said strong performance in the group's IT Infrastructure Services segment and the divestment of its subsidiary, Acclivis, drove the 26% increase in net profit after tax to a record $9.7 million.

4Q16, earnings more than doubled to $10.9 million from $5.2 million a year ago on higher other income which increased by $22.8 million to $24 million mainly due to the gain arising from the divestment of ATS and the gain on bargain purchase from acquisition of a new subsidiary.

4Q revenue increased 0.2% to $91.2 million from $91 million. The IT Infrastructure Services segment grew by 4.8% or $3.1 million, while the Vertical Domain Cloud (VDC) segment declined 10.7% or $2.9 million mainly due to the lack of blockbuster games compared to previous year.

Declout's venture arm, DeClout Ventures, has begun scouting for investments after it was awarded a $10 million venture capital fund in partnership with the National Research Foundation.



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