Published July 27, 2007 | BROKER TEAR SHEET |
AVEROX INC - Telecom Industry | AVOX: OTC BB |
Averox Inc. (OTCBB:AVOX) is a publicly held independent provider of solutions and services in the domains of Telecom Engineering, Telecom OSS and BSS and Information Technology. Averox’s services include offshore product development, application management, project management, program management, telecommunications network deployment, management, optimization and maintenance for small, medium and large enterprises. Averox Inc. has two principal subsidiaries Averox Private Limited and Averox FZ-LLC
Stock Data - June 21, ‘07 | | Business Summary |
Stock Symbol | | | | AVOX | | Averox Inc. through its recent acquisition, November 13, 2006, of Averox Dubai and Averox Pakistan is no longer considered a development stage company. The principal services that Averox Inc. provides include the design, deployment, integration, and the overall management of telecommunications networks for both large and small companies. Their work for telecommunication companies involves software development, radio frequency engineering, project management and the installation of telecommunications equipment. The Company also provides network management services, which involve day-to-day optimization and maintenance of telecommunications networks. To date, most of their network engineering and deployment services have been for telecommunications carriers primarily in Pakistan, although they are actively marketing their services and solutions in Eastern Europe, the Middle East and the rest of Asia. Averox information technology (IT) professionals develop and promote software which delivers industry standard-specific solutions. The solutions developed by Averox IT professionals address needs in a wide spectrum of areas such as ecommerce, enterprise resource planning, IT strategy and consulting, project management and web-based applications such as content management systems, and Internet and intranet applications. |
Exchange | | | | OTC BB | |
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Current Price | | | $ | 7.00 | |
52 - Wk Range | | | | 7.50 - 6.65 | |
Shares Outst | | | | 10,000,000 | |
Float | | | | 3,120,000 | |
Market Cap | | | | 70,000,000 | |
Fiscal Year end | | | | 30-Jun | |
Website | | | www.averox.com | |
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Investor Relations | | | Self & Associates | |
Contact | | | Trudy M. Self | |
Contact No | | | 001-909-336-5685 | |
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Officers | |
Salman Mahmood | | | President/CEO | |
Yasser Ahmad | | | CFO | |
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Directors | | Products |
Salman Mahmood | | | President/CEO | | • Telecom Engineering | | • Provisioning |
Yasser Ahmad | | | CFO | | | | • Billing - Retail/Interconnect |
Christopher Baker | | | SVP Development | | | | • Fraud Management |
Maajid Maqbool | | | SVP Operations | | | | • Revenue Assurance Systems |
Graham Hill | | | SVP Sales/Marketing | | Service Partners |
| | • Lucent | | |
Office | | • Siemens | | |
Averox FZ LLC | | • Nortel Networks | | |
Suite 1108, Thuraya II | | • Cisco Systems | | |
Dubai Internet City | | | | • L 3 Communication Systems |
P.O. Box 502492 | | |
Dubai, U.A.E | | • Averox Inc. Joins TM Forum (May 16, 2007) |
Tel: +971 (0) 4 375 7602 | | • Averox Inc. To Exhibit at Telemanagemant World in Nice (May 20, 2007) |
Fax: +971 (0) 4 429 0575 | | • Graham Hill Joins Averox Inc. Board of Directors (April 26, 2007) |
| | • Averox to Launch New Provisus Provisioning Solution in the USA (April 20, 2007) |
Other Locations | | • Maajid Maqbool Joins Averox Inc. as Operations SVP (March 26, 2007) |
United Kingdom | | | Chertsey | | • Graham Hill Joins Averox Inc. as SVP Sales and Marketing (March 22, 2007) |
Pakistan | | | Islamabad | | • Averox Inc. Announces Contracts with Warid Telecom International (Feb. 12, 2007) |
USA | | | Michigan | | • Averox Completes Share Exchange (January 30, 2007) |
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| | (To learn more about these news releases; go online at www.averox.com or one of the many financial service websites, such as Yahoo Financial, MSN, CNN Money, and more.) |
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Bal Sheet Items - Mar 31, 2007 | | | INCOME | | | Mar 31, ‘07 | | | Mar 31, ‘06 | | | Increase/(Decrease) | |
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Current Assets | | | $ | 2,994 | | | Revenues | | $ | 2,985 | | $ | 1,381 | | | 116 | % |
Fixed Assets | | | $ | 130 | | | Cost of sales | | $ | 586 | | $ | 176 | | | 233 | % |
Other Assets | | | $ | 10 | | | Gross profit | | $ | 2,399 | | $ | 1,206 | | | 99 | % |
Total Assets | | | $ | 3,134 | | | Net Income | | $ | 1,077 | | $ | 1,036 | | | 4 | % |
Current Liab | | | $ | 1,064 | | | EPS | | $ | 0.1077 | | $ | 0.1036 | | | 4 | % |
Other Liab | | | $ | 17 | | | | | | | | | | | | | |
Total Liab | | | $ | 1,082 | | | | | | | | | | | | | |
Stock Equity | | | $ | 1,936 | | | | | | | | | | | | |
| | | | (Income and Balance Sheet in ‘000 except EPS; EPS - Basic & diluted net income per share) | | | |