First-tier Internet service provider (ISP) and network integrator DataPro says a 218% increase in annual revenue has made it the third-largest ISP in SA in terms of revenue.
Although DataPro has not provided figures for the year to August 2002, MD Douglas Reed says the company is cash positive.
"We are generating cash and are rapidly growing recurring revenues from value-added services," he says.
"We are looking for potential acquisitions and are continuing to find ways to provide our clients with additional services to boost their efficiencies in an increasingly digital economy."
DataPro is aiming to reach a market capitalisation value of R500 million within the next three to five years.
"Our earnings before interest, tax and amortisation will reach R59 million by the year ended August 2004," Reed says.
"This will be attained purely through organic growth. If there are any acquisitions this figure will be considerably higher. We are also still on track to become the ISP that connects the most corporate clients to the Internet."
DataPro`s partners include Cisco, Compaq, Dell, HP and Microsoft. Among its customers are Anglo American, ABB, Avroy Shlain and Nampak.
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