Overage >an extra amount of money that you have to pay for using more of something than was expected or agreed: eg With overage charges, she has had cell phone bills of $140 a month. It seem like company subscribers overuse their subscription quota and Need to pay a higher rate for that extra part.
'The increase in revenue, particularly the “technology infrastructure operations, maintenance, and support services” segment, is mainly due to upwards revision of rates for existing customers, overage fee charged to customers due to higher-than-expected utilization, and new contracts which were effective in this quarter. Under the contracts, the Group is ENTITLED TO CHARGE THE OVERAGE FEE SHOULD THE VOLUME PROCESSED BY ITS CUSTOMERS IS HIGHER THAN EXPECTED. This will allow the Group’s customers to be able to increase their usage and consumption, should the requirement is higher than expected, without any delay.'
'The increase in revenue for “technology infrastructure operations, maintenance, and support services” segment is also due to revision of rates charge for existing customers AS WELL AS NEW CONTRACTS secured by the Group, which were effective in this quarter.'
The overage charges is a new clause added to the existing customer contract and new contract. As long as customers usage is high, INFOM can charge overage fee to them without any delay. Which means, unless Infom business demand drop, else this is not a One Off gained!
Current orderbook as at Oct 2023: RM480 million Current on-going bidding tender book as at Oct 2023: RM500 million
60 current active clients: 1. Malaysia - Kastam, JPN, JPJ, SSM, LHDN Tax, Tabung Haji, BSN Bank, Heitech Padu 2. Thailand - Bangkok Bank Public, Siam Commercial Bank Public 3. Philippine - Philippine National Bank 4. Indonesia - Maybank Indonesia 5. German multinational software corporation - Software AG 6. Singapore - Bank (client did not give consent to disclose their identity) 7. China - direct private clients 8. Hong Kong - direct private clients 9. Japan - direct private clients
PE: 21x Median PE for peers in the same sector: 34x Annual growth rate: 35% to 45% CAGR
1. RM125.4M TILL DEC 2025 - THE SIAM COMMERCIAL BANK 2. RM35.4M TILL MAC 2026 - BANGKOK BANK 3. RM25.54M TILL FEB 2026 - PHILIPPINE NATIONAL BANK 4. RM150.4M TILL 2026 - 8 MALAYSIA, 3 HONG KONG, 3 PHILIPPINES (PRIVATE CLIENT) 5. RM141.9M TILL 2026 - MALAYSIA AGENCIES (GOV) 6. RM96.3M TILL 2026 - CUST J MALAYSIA (GOV) 7. RM91.6M TILL 2026 - HONG KONG'S CLIENT 8. RM49.4M TILL NOV 2026 - JPN (GOV) 9. RM14.4M TILL NOV 2027 - MAYBANK INDONESIA 10. UNDISCLOSED AMOUNT TILL MAC 2029 - SSM (GOV)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mikewazowski
109 posts
Posted by mikewazowski > 2023-04-13 17:45 | Report Abuse
Rm2 tomorrow