Connexionz hits the road

The company held promotional briefings in the main centres this week to brokers and other financial services practitioners.

The original 60 shareholders have invested $1.3 million in the company so far. Founding shareholder and managing director Robert Burke and co-founder and head of research and development, Robert Burling, have pledged to retain their shares for at least a year.

Connexionz is forecasting accelerating earnings from $1.3 million this year to $5.5 million in 2003 and $17.3 million in 2004, when it also predicts its first profit after tax at $3.3 million.

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