Last month (23 August), Australia-based Software-as-a-Service construction collaboration software vendor Aconex announced its financial results for the year to 30 June 2016, revealing underlying organic revenue growth of 31%, with the acquisition of Conject (completed on 31 March 2016) boosting total revenue growth to 50%. Total Aconex revenue was Au$123.4 million (c. US$93.3m, £70.1m, €82.8m), compared with …
Tag: Leigh Jasper
Permanent link to this article: http://extranetevolution.com/2016/09/conject-deal-boosts-aconex-revenue-growth/
Mar 17 2016
Aconex acquires Conject
In the biggest deal yet seen in the construction SaaS market, the Melbourne, Australia-based collaboration technology provider Aconex has acquired Munich, Germany-based rival Conject for A$96m (c. €65m or £51m or US$73.3m). Aconex announced the agreement to acquire Conject Holding GmbH earlier today, along with its intention to launch a fully underwritten placement to raise approximately A$120m …
Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject/
Feb 23 2016
Aconex SaaS growth continues
Impressive 2015 revenue growth underlines Aconex’s AEC SaaS leadership position. Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has announced an impressive set of half-year results, covering the six months up to 31 December 2015. They show the business grew its global revenues by 46%, from Au$38.1m in 2014 (see A rosy Aconex financial update) to Au$55.7m (c …
Permanent link to this article: http://extranetevolution.com/2016/02/aconex-saas-growth-continues/
Jun 17 2015
Aconex boosts investor hopes
Just over six months after its December 2014 IPO on the Melbourne Stock Exchange, and some four months on from a rosy financial update, Australian-based Software-as-a-Service collaboration vendor Aconex is benefitting from the currently weak Australian dollar, according to various reports (eg: AFR). According to Aconex, full-year revenue for the year to 30 June 2015 should rise to …
Permanent link to this article: http://extranetevolution.com/2015/06/aconex-boosts-investor-hopes/
Feb 20 2015
A rosy Aconex financial update
Aconex, which listed on the Australian Stock Exchange in December, has just reported results for the half-year to 30 December 2014. The Melbourne-based SaaS collaboration software business saw total revenues climb 19%, ahead of forecasts, to Au$38.1m (£19.4m or US$29.8m). The company was also ahead of break-even, reporting a Au$0.5m EBITDA, again ahead of its …
Permanent link to this article: http://extranetevolution.com/2015/02/a-rosy-aconex-financial-update/
Jul 18 2014
Aconex to float on ASX?
The Australian Financial Review is reporting that Aconex is preparing for an initial public offering on the Australian Stock Exchange. The Melbourne-based SaaS construction collaboration technology vendor (now sporting a shiny new corporate identity) is said to be working with investment banks UBS and Macquarie Capital to prepare a road show for fund managers in …
Permanent link to this article: http://extranetevolution.com/2014/07/aconex-to-float-on-asx/
Jul 10 2013
Aconex UK returns first profit
Aconex (UK) Ltd, the London-based arm of Melbourne, Australia-based international SaaS construction collaboration technology vendor Aconex delivered its first UK profits in the year to 30 June 2012, according to accounts recently lodged at the UK’s Companies House. A 2011 pre-tax loss of £187, 796 was turned into a pre-tax profit of £133,491 in 2012. …
Permanent link to this article: http://extranetevolution.com/2013/07/aconex-uk-returns-first-profit/
Feb 18 2013
Aconex restructuring
Australian SaaS construction collaboration vendor Aconex is restructuring to reduce overheads at its Melbourne head office. Readers’ comments on previous blog posts, including one about Australian SaaS collaboration vendor Aconex and its 2012 annual results (Aconex growing revenues again), and – more recently – my reflections on the 4Projects acquisition got me looking at recent Aconex activities.* …
Permanent link to this article: http://extranetevolution.com/2013/02/aconex-restructuring/
Nov 30 2012
Aconex growing revenues again
Aconex reports growing revenues and reduced losses for year to June 2012. The annual report and accounts (for the year ending 30 June 2012) from Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex have been published – albeit with what I have begun to regard as the quadruple-A: the “Annual Aconex Accounts Adjustment.” The headline figures show …
Permanent link to this article: http://extranetevolution.com/2012/11/aconex-growing-revenues-again/
Sep 20 2012
Aconex extends mobile offering to iPad
I’ve mentioned its imminent launch a couple of times recently but now it’s official: Aconox Mobile for iPad. The Melbourne, Australia-based SaaS collaboration vendor Aconex launched an iPhone app in May last year (post), and has now expanded its portfolio to include an iPad app (already winner of the 2012 Australian Mobile Award for Project Management), …
Permanent link to this article: http://extranetevolution.com/2012/09/aconex-extends-mobile-offering-to-ipad/
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