Tungsten Corporation remains in its investment phase as it builds out its e-invoicing and related services. However, a little over a year since the appointment of Rick Hurwitz as CEO, there are real signs of operational progress with price increases, greater focus underlined by the expected sale of Tungsten Bank, and reorganisation and technology investment to achieve efficiencies. This should help deliver operational gearing and a move into EBITDA profitability during CY17 as Tungsten capita
19 Oct 2016
Focusing on growth and efficiency
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Focusing on growth and efficiency
- Published:
19 Oct 2016 -
Author:
Andrew Mitchell -
Pages:
9
Tungsten Corporation remains in its investment phase as it builds out its e-invoicing and related services. However, a little over a year since the appointment of Rick Hurwitz as CEO, there are real signs of operational progress with price increases, greater focus underlined by the expected sale of Tungsten Bank, and reorganisation and technology investment to achieve efficiencies. This should help deliver operational gearing and a move into EBITDA profitability during CY17 as Tungsten capita