It’s been a gruelling 12 months for online solutions provider Dreamscape (ASX: DN8) which just released its maiden full year result.
Thankfullly the company, which owns Australia’s Crazy Domains and Singapore’s Vodien Internet Solutions, posted a record year across all key metrics.
During FY17, managing director and CEO Mark Evans, along with Crazy Comains COO Gavin Gibson, transformed Dreamscape from a domain name registration provider to a complete online solutions business.
Credit to its transformation, Dreamscape achieved a solid revenue of $46.4 million and NPAT of $2.1 million in its first year of listed trade.
Key highlights included the acquisitions of Net Logistics (an Australian hosting provider) and Vodien Group. This was the first-time Dreamscape had been able to make large scale acquisitions of this kind and the company expects to see these investments pay off in FY18.
Business News Australia spoke to Gavin Gibson about Dreamscape’s first full year as a listed company, what the acquisitions mean for the group moving forward, and what’s in the pipeline. Read more
David Simmons – Business News Australia – 8 Sep 2017