Financial 2013 results - Moving in the right direction

by Admin Admin | Oct 18, 2013

An indication that its business turnaround plan implemented in 2012 is beginning to bear fruit, JSE-listed IT company SecureData Holdings reported strong revenue growth and a return to profitability for financial year (“FY”) ending July 2013 on Friday.

SecureData Holdings specialises in the business of keeping the electronic data of the country’s largest corporations safe, available, and reliable. The group reports for two subsidiaries: SecureData Africa, which is a distributor of high quality security products, and SensePost, which provides penetration and vulnerability assessments, as well as training, to the company’s partners.

Revenue grew by 30% from R222.2m in 2012 to R289.7m in 2013. The majority of this came from SecureData Africa, which grew revenue from R189.2m in 2012 to R252.9m in 2013, representing growth of 33.7%.

SensePost grew revenue by 8.9% from R33.5m to R36.5m over the same period.

“The SecureData Africa revenue from outside of South Africa was particularly pleasing ”, says CEO Miles Crisp, and added, “The emerging markets business grew by 90% and now comprises 20% of our entire business”.

The business returned to profitability at operational level following the implementation of the turnaround strategy. Earnings before interest, taxes, depreciation, and amortisation (“EBITDA”) swung from a loss of R47.7m in 2012, to a profit of R0.039m in 2013. This was largely the result of higher revenues and a re-organistion of the product line-up that saw some products and services discontinued and new ones introduced.

EBITDA for SecureData Africa was -R0.259m representing an EBITDA margin of -0.1% and a major improvement on the R45.8m EBITDA loss incurred in 2012. SensePost grew EBITDA by 5% in 2013 to R8.4m from R8m in 2012. Margins declined slightly from 24% to 23.2% over the period. “I believe that we have struck the right balance between cutting unnecessary costs, and incurring new investment costs,” says Crisp, “so we think as the benefits of the changes come through for the full year going forward, we will steady improvement in the net margins”.

While group headcount was reduced from 140 to 104, payroll costs stayed largely the same as the composition of the workforce changed. The reduction of 36 people was made in the SecureData Africa team. “This business has always had sound technical skills, but during the period we brought in some experienced and high-calibre sales people to strengthen the team and improve the quality of the sales process,” says Crisp.

The net result saw the group post a profit for the year of R2.38m, which translated to headline earnings per share (“HEPS”) of 1c for 2013, following a HEPS loss of 15.2c in 2012. The business recapitalised itself by selling subsidiary SecureData Europe in 2012. A part of the proceeds were returned to shareholders by way of a capital reduction of 25cps in the previous financial year (equal to R61.6m) which was only paid out in the current financial year. This explains why the net cash position of the group now stands at R14.3m vs. 2012’s R89.6m.

Commenting on the performance, Crisp said, “We are satisfied that we have made progress this financial year in stabilising the business. After we conducted our review of the business last year and began implementing changes, we think we now have the right products, services, and people to take the business forward in the coming years”.

99 comments

Leave a comment
  1. jhonson | Feb 21, 2017

    google sniper reviews

    Keep posting article like this. It is fun. Nice photography too!

  2. jhonson | Feb 21, 2017

    Rolab Hoverboard

    You know your projects stand out of the herd. There is something special about them. It seems to me all of them are really brilliant!

  3. jhonson | Feb 20, 2017

    travel course

    love the humor your post has offered. I enjoyed this site a lot. Keep posting article like this. It is fun. Nice photography too!

  4. jhonson | Feb 19, 2017

    5 figure day review

    I always like your post. This si very informative. Keep posting.

  5. jhonson | Feb 19, 2017

    kim Kardashian game hack

    Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I’ll be subscribing to your feed and I hope you post again soon.

  6. jhonson | Feb 18, 2017

    voyante par telephone

    I am very happy to read this article .. thanks for giving us go through info.Fantastic nice. I appreciate this post.

  7. Canada | Feb 18, 2017
  8. jhonson | Feb 17, 2017

    5figureday

    This is also a very good post which I really enjoyed reading. It is not everyday that I have the possibility to see something like this..

  9. happy wheels | Feb 13, 2017
    What a great initiative here. I'll look around the site and see if I can offer any additional ideas. Thanks.  happy wheels
  10. kuwok | Feb 10, 2017
  11. kuwok | Feb 10, 2017
  12. kemeok | Feb 10, 2017

    Jual Celana Vakoou Di Surabaya

    Jual Hammer Of Thor Bekasi

    Jual Hammer Of Thor Tangerang

    Jual Klg Pills Asli Di Gresik

    Jual ginseng kianpi pil di surabaya

    Jual Hammer Of Thor Makassar

    Jual Hammer Of Thor Mojokerto

    Jual Hammer Of Thor Sidoarjo

    Jual Hammer Of Thor Pekanbaru

    Jual Hammer Of Thor Bali

    Jual hammer of thor surabaya

    Obat Kuat Thor's  Hammer Surabaya COD

    Jual grow up Asli di surabaya

    Obat Peninggi Badan Di Surabaya

    Jual vimax asli di makassar

    viagra eceran Asli di surabaya COD

    Jual Viagra Pfizer Usa Di Surabaya

    Jual boneka full body di surabaya

    Jual klg pills di surabaya COD

    minyak lintah di surabaya cod

    Jual Minyak Lintah Asli Di Surabaya

    Jual obat penyubur sperma di surabaya

    Toko Semenax Asli Di Surabaya COD

    Jual procomil spray di surabaya hammer of thor tangerang cod jual viagra asli usa di tangerang celana hernia magnetik di surabaya jual celana hernia cod surabaya jual vakum payudara di surabaya vakum pembesar payudara fengruqi di surabaya jual obat pembesar payudara di surabaya jual emilay breast di surabaya jual rx24 asli di surabayaalamat toko rx24 di surabayajual obat anabolic rx24 di surabayaobat kuat rx24 cod surabaya

    alamat toko vimax asli di surabaya

    toko lauseng surabaya

    toko vimax original di surabaya

    Obat Kuat Procomil Spray Asli Surabaya

    jual cialis 80mg di surabaya

    obat kuat cialis 80mg di surabaya cod

    Jual Pro Extender Di Surabaya

    jual selaput dara buatan di surabaya

    Jual vimax asli di surabaya

    Jual Vimax Asli Sidoarjo COD


    Jual Minyak Bulus Di Surabayasaat kita mendengar kata minyak bulus tentu sudah tidak asing lagi bagi kita, minyak bulus merupakan minyak yang sudah dikenal banyak orang memiliki banyak manfaat sejak zaman dulu, toko minyak bulus surabaya kini hadir untuk mengatasi masalah anda, mulai dari masalah kecantikan, gatal-gatal, payudara hingga seputar masalah vitalitas, Kenapa minyak bulus ini sangat berkhasiat sekali?


  13. hammer | Feb 10, 2017
    <a href="http://tokolausengsurabaya.com/procomil-spray-obat-tahan-lama-surabaya/">Jual procomil spray di surabaya</a> <a href="http://tokopasutritangerang.com/">hammer of thor tangerang cod</a> <a href="http://tokopasutritangerang.com/viagra-asli-usa-di-tangerang/">jual viagra asli usa di tangerang</a> <a href="http://tokolausengsurabaya.com/jual-celana-hernia-magnetik-murah-surabaya-cod/">celana hernia magnetik di surabaya</a> <a href="http://tokolausengsurabaya.com/jual-celana-hernia-magnetik-murah-surabaya-cod/">jual celana hernia cod surabaya</a> <a href="http://tokolausengsurabaya.com/alat-pembesar-vakum-payudara-dis-surabaya/">jual vakum payudara di surabaya</a> <a href="http://tokolausengsurabaya.com/alat-pembesar-vakum-payudara-dis-surabaya/">vakum pembesar payudara fengruqi di surabaya</a> <a href="http://tokolausengsurabaya.com/alat-pembesar-vakum-payudara-dis-surabaya/">jual obat pembesar payudara di surabaya</a> <a href="http://tokolausengsurabaya.com/alat-pembesar-vakum-payudara-dis-surabaya/">jual emilay breast di surabaya </a><a href="http://tokolausengsurabaya.com/jual-obat-anabolic-rx24-asli-surabaya-cod/">jual rx24 asli di surabaya</a>, <a href="http://tokolausengsurabaya.com/jual-obat-anabolic-rx24-asli-surabaya-cod/">alamat toko rx24 di surabaya</a>, <a href="http://tokolausengsurabaya.com/jual-obat-anabolic-rx24-asli-surabaya-cod/">jual obat anabolic rx24 di surabaya</a>, <a href="http://tokolausengsurabaya.com/jual-obat-anabolic-rx24-asli-surabaya-cod/">obat kuat rx24 cod surabaya</a>
  14. jhonson | Feb 03, 2017

    sending a pr release

    I am very happy to read this article .. thanks for giving us go through info.Fantastic nice. I appreciate this post.

  15. skhil | Jan 31, 2017
    uspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsusps uspsuspsuspsuspsuspsuspsuspsuspsusps usps uspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsuspsusps usps uspsuspsusps uspsgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messages good morning messagesgood morning messagesgood morning messages good morning messages good morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messages  good morning messagesgood morning messagesgood morning messages good morning messagesgood morning messages good morning messagesgood morning messagesgood morning messages good morning messages good morning messagesgood morning messagesgood morning messagesgood morning messages good morning messages  good morning messagesgood morning messages  good morning messagesgood morning messagesgood morning messages good morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messagesgood morning messages
  16. jhonson | Jan 28, 2017

    Sydney Karaoke

    I truly love upon scholarship your post. I enjoy here eyesight and understand the value of rendering a prime storehouse for free. Thank you for the idiot that you have been shared to us readers.

  17. jhonson | Jan 26, 2017

    3 week diet review

    I definitely really liked every part of it and i also have you saved to fav to look at new information in your site.

  18. jhonson | Jan 24, 2017

    hundefutter

    Interesting and amazing how your post is! It Is Useful and helpful for me That I like it very much, and I am looking forward to Hearing from your next..

  19. jhonson | Jan 22, 2017

    nova scotia student loan

    All the contents you mentioned in post is too good and can be very useful. I will keep it in mind. thanks for sharing the information keep updating. looking forward for more posts.Thanks. go to wake up lean at

  20. jhonson | Jan 21, 2017

    Long Island DJ Photo booths

    Really appreciate this wonderful post that you have provided for us.Great site and a great topic as well i really get amazed to read this. Its really good.

  21. jhonson | Jan 19, 2017
  22. norton premium antivirus | Jan 17, 2017
    Your blog is filled with unique good articles! I was impressed how well you express your thoughts and sharing your experiences.I never regretted any moment that came to your blog
  23. jhonson | Jan 17, 2017

    3 week diet review

    I have visited to this site multiple times and everytime I find beneficial jobs for me so I would suggest please come to this site and take the chance from here.

  24. pof login | Jan 13, 2017
    Thank you for advices, I decided to get second degree and your site became very helpful in my situation.pof login pof sign up
  25. Mike Jason | Jan 13, 2017
    Thanks for Nice and Informative Post. This article is really contains lot more information about This Topic.   Finance Project Assignment Help
  26. Brian Joseph | Jan 13, 2017
    That was a very needy help for me. online Thesis writing Thanks and keep sharing.
  27. Brian Joseph | Jan 12, 2017
    That was a very needy help for me. online Thesis writing Thanks and keep sharing.
  28. jhonson | Jan 12, 2017

    drill

    I just got to this amazing site not long ago. I was actually captured with the piece of resources you have got here. Big thumbs up for making such wonderful blog page!

  29. Jorge Pollich | Jan 12, 2017
    Thanks for sharing this blog its very informative and useful for us .   Assignment help in Australia
  30. jhonson | Jan 11, 2017

    fat diminisher system reviews \

    I love the humor your post has offered. I enjoyed this site a lot. Keep posting article like this. It is fun. Nice photography too

  31. luxury honeymoon tour | Jan 11, 2017
    Thank you, I've been seeking for info about this subject matter for ages and yours is the best I have discovered so far.luxury honeymoon tour
  32. Natural Stone Supplier India | Jan 11, 2017
    A very awesome blog post. We are really grateful for your blog post. You will find a lot of approaches after visiting your post. I was exactly searching for. Thanks for such post and please keep it up. Great work.Natural Stone Supplier India
  33. jhonson | Jan 07, 2017

    obat kuat

    I am happy to find this post very useful for me, as it contains lot of information. I always prefer to read the quality content and this thing I found in you post. Thanks for sharing.

  34. moving company in san diego | Jan 05, 2017
    We are really grateful for your blog. There are many approaches to visit the post office. Good work. moving company in san diego
  35. startup investment india | Jan 05, 2017
    This is also a very good contribution that I love to read is not every day that I have the opportunity to see such a thing. startup investment india
  36. jhonson | Jan 04, 2017

    http://www.hstechsol.com/ '

    Thank you for the update. very nice site..

  37. amit | Jan 04, 2017
    usps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal serviceusps postal servicegood night messages for girlfriendgood night messages for girlfriendgood night messages for girlfriendgood night messages for girlfriendgood night messagesgood night messagesgood night messages for girlfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for boyfriendgood night messages for wifegood night messages for wifegood night messages for wifegood night messages for wifegood night messages for wifegood night messages for wifegood night messages for hergood night messages for hergood night messages for hergood night messages for hergood night messages for hergood night messages for hergood night messages for hergood night messages for himgood night messages for himgood night messages for himgood night messages for himgood night messages for himgood night messages for himgood night messages for husbandgood night messages for husbandgood night messages for husbandgood night messages for husbandgood night messages for husbandgood night messages for husbandgood night messages for friendsgood night messages for friendsgood night messages for friendsgood night messages for friendsgood night messages for friendsgood night messages for friendsgood night messages for friendsgood night messages for friendsgood night messages for friends
  38. mma videos | Jan 03, 2017
    these administrative bodies can levy are different. The FA can fine, just like a magistrate, but cannot throw Terry in jail. The USADA can strip away titles, but can’t sentence Armstrong to prison time.
  39. celia | Jan 02, 2017
  40. daphne | Jan 02, 2017
  41. jhonson | Jan 02, 2017

    download software for free

    Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I’ll be subscribing to your feed and I hope you post again soon.

  42. jhonson | Dec 31, 2016

    fat diminisher system reviews

    Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I’ll be subscribing to your feed and I hope you post again soon.

  43. raju | Dec 30, 2016
    Mehndi may be a tradition to use as beauty, flourishing on special day and holidays for ladies in geographical region, India, Pakistan, Bangladesh. Applying mehndi designs on hands is impotent a part of girls and fashion specially on Eid and Wedding. The Mehndi Design Pics are for only the girls looking for best fashion in short time. all these Cute Eid Ul Adha Hand Mehndi Exclusive Design pics are best for women loving the cheap fashion   best mehendi designs for feetmehndi is the best fashion website sharing beauty and talented art for you. So, in our today’s roundup we’ve got collected a number of the superb back hand mehndi designs for Eid Ul Azha 2017-16. As you’ll see in these pictures, these are the most recent designs, right ranging from the rhetorical patterns to the petals styling, you’ll have these designs on your back hand  Mehndi designs are originally used as a variety of decoration primarily for Hindu brides. Muslims in Indian also apply Mehndi throughout their festivals like Eid and also in weddings. In the fashionable age and even in the shortage of Mehndi typically people get ready-made-cones they are reliable to use and help to draw mehndi on hands easily. However, in a countryside in India, ladies grind contemporary mehndi leaves on grinding stones with oil that achieves lot intense color in comparison of refined and professionally ready-made henna cones. These days, mehndi designs are turning into the popular and cool fashion statement in ladies and young girls. Mehndi designs will be found in numerous varieties. Easy designs tend to be done owing to the women want to use mehndi designs. These designs are used for her religious moments. You can place cluster mehndi designs with all the protection for dotted designs and themes that give their elegant view at your entire mehndi style. If you wish to deliver their wonderful sense normally mehndi produces advisable to enhance it with any brilliance couple use. Use of Mehndi has become a new trend, latest designs and new styles introduced this technology, those applying completely different styles in a particular body part.
  44. jhonson | Dec 29, 2016

    bollywood hindi movies download

    This is a wonderful article, Given so much info in it, These type of articles keeps the users interest in the website, and keep on sharing more ... good luck.

  45. fapturbo review | Dec 28, 2016
    ruthless cat-on-cat fights in which he was now a guaranteed loser. Maybe he just wanted somewhere warm and comfortable to draw his terminal. It was a sad scene. The next day, his owners were asking around for a spade and a pickaxe.
  46. raju | Dec 27, 2016
    Getting fit and living a healthy life has become a priority for a lot of people these days. Some opt to eat healthier meals like getting rid of carbs, go on a juice cleanse, or eat a 1200 kcal meal while some people prefer to work out three to six or even seven times a week. It is amazing how the world become hooked to the idea of living a healthier lifestyle. This is the reason why gyms and fitness centers have been flocked by a lot of people in the recent years. la fitness hours  I know you will all agree with me if I say that staying fit can sometimes be costly. The so called diet food does not come cheap and so are fitness club memberships. If you wish to really live a healthy lifestyle, eating a balanced meal and exercising should be on your list. These two come hand in hand and you really should commit to them to see an improvement.Selecting a fitness center is also as important as selecting what kind of foo
  47. jeu de minecraft gratuit | psn redeem codes free | Dec 24, 2016
    When your antagonist is the usual Brazilian players, a person pointing toward 11 of us, yet in back to match their specific $ 200 . 00 huge number of customers. It is good to pay the price recognition of this hard truth muscle building product our own tee shirt.In .
    minecraft gratuit |
    free psn codes




  48. jhonson | Dec 20, 2016

    tech public relations

    This is such a great post, and was thinking much the same myself. Another great update.

  49. fatihin | Dec 20, 2016
    Kanker payudara ialah kanker yang terjadi pada bagian payudara, atau   ironsteelcenter.com ironsteelcenter.com jual besi beton Sni Ulir Polos jual besi beton Sni Ulir Polos jual besi hollow jual besi hollow jual besi cnp jual besi cnp jual besi unp jual besi unp jual wiremesh jual wiremesh jual besi wf jual besi wf jual besi h beam jual besi h beam jual Plat besi jual Plat besi jual pipa besi baja sch 40 sch 80 jual pipa besi baja sch 40 sch 80 jual besi siku jual besi siku jual Plat kapal besi baja bki krakatau steel jual Plat kapal besi baja bki krakatau steel jual bondek jual bondek jual baja ringan jual baja ringan jual Atap spandek jual atap spandek jual stainless steel jual stainless steel jasa konstruksi baja jasa konstruksi baja undangan pernikahan undangan pernikahan jual Plat besi plat kapal jual Plat besi plat kapal jual besi siku jual besi siku jual besi unp jual besi unp jual besi wf baja jual besi wf baja jual besi beton Sni Ulir Polos jual besi beton Sni Ulir Polos jual besi hollow jual besi hollow jual pipa besi baja sch 40 sch 80 jual pipa besi baja sch 40 sch 80 jual wiremesh jual wiremesh jual bondek jual bondek jual besi Wf Baja jual besi Wf Baja jasa konstruksi gudang  jasa konstruksi gedung konstruksi baja wf jasa konstruksi bangunan jasa konstruksi jasa konstruksi jembatan jasa konstruksi besi baja jual stainless steel www.gudangbesibaja.com www.gudangbesibaja.com jual besi cnp jual besi cnp jual besi h beam baja jual besi h beam baja jasa konstruksi baja jasa konstruksi baja undangan pernikahan undangan pernikahan
  50. fatihin | Dec 19, 2016
    ''Dari Sumatera rata-rata naik penyeberangan, dengan cuaca buruk, ombak tinggi, kalau udara tidak bagus hujan besar, banyak truk yang tertahan di pelabuhan. ''  'Akibatnya akan berkurang pasokan barang-barang tertentu terutama cabe-cabe, informasi di lapangan harganya  lanjut kan men www.sukses.com

    Leave a comment