Beacon Equity Research recently issued a research report featuring Cleartronic, Inc. and its wholly owned subsidiary, VoiceInterop. The research bureau is a leading research provider that is committed to finding undiscovered small cap companies and bringing them to the attention of the investing community.
The worldwide market for unified communications solutions is expected to nearly double in size from $25.5 billion in 2008 to $48.7 billion in 2012. If the company captures only a small percentage of the market through installations and hosted network subscriptions, it would produce substantial revenues.
Based on conversations with management, Beacon Equity believes that FY 2009 revenues will total to approximately $6.6 million, then increase about 100% to $13.2 million in FY 2010 and $26 million in FY 2011. EBITDA is expected to climb by the same rate from $1.7 million in FY 2009 to $2.9 million in FY 2010 and reaching $6.0 million in FY 2011.
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