Disclaimer: All information on this section is of a general nature.
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Vonex Limited (ASX:VN8). Approaching inflection point.
Vonex’s registered private branch exchange (PBX) usershave increased from 24,000 at the end of July 2018, to 25,000 at the end ofOctober 2018, and to a record 26,000 as at 25 January 2019 (VN8 announcement,29 January 2019). Growth in cloud-based PBX registrations is a key indicator ofthe group’s business development progress. Based on the new user growthprofile, we calculate that registrations have increased by, on average, 333 usersper month.