External broker reports(aggregated public sources), Ord Minnett

Ord Minnett

Ord Minnett is a leading Australian wealth management group, incorporating full-service stockbroking, financial planning and funds management. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>FY22 EBITDA came in 2% ahead of expectations, assisted by earnings growth across all three segments.</li><li>The contribution of the OTW acquisition was in line with forecasts outlined at the time of the acquisition and the investment case if anything has strengthened since then given the rising value of incumbency as a telco/technology supplier to business and enterprise customers.</li><li>The major surprise in the result relates to FY23e guidance of $800m-$840m revenue and implied EBITDA of $80m-$88m, (Ords $84.1m), -7% below our prior forecast.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

FY22 EBITDA came in 2% ahead of expectations, assisted by earnings growth across all three segments.The contribution of the OTW acquisition was in line with forecasts outlined at the time of the acquisition and the investment case if anything has strengthened since then given the rising value of incumbency as a telco/technology supplier to business and enterprise customers.The major surprise in the result relates to FY23e guidance of $800m-$840m revenue and implied EBITDA of $80m-$88m, (Ords $84.1m), -7% below our prior forecast.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Aussie Broadband

Aussie Broadband Ltd - Fair Dinkum