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Ballooning revenues put cyber security firm Nexion on growth trajectory

Continued strong demand for its core services, particularly cyber security, have allowed Nexion to deliver record revenue of $1.1m in October. This places the company well on track to exceed its already impressive September 2022 quarter, which represented its sixth consecutive quarter of growth. The company has raised invoices and received purchase orders representing $1.1m in October …

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Space tech can transform the way we monitor, measure and report ESG metrics

In the satellite space, NEXION Group is one of only a couple of stocks on the ASX with a slice of the pie Nexion Group (ASX:NNG), delivers data across fibre, satellite and wireless networks and in FY22, added LEO satellite capability to its network using the new Starlink system. It’s NEXSAT product combines LEO and …

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Nexion on profit trajectory

Nexion’s strong quarter of continued increases in operating profit and recurring revenue have put the company in a strong position to achieve profitability. Global cloud service provider Nexion Group (ASX:NNG) has reported its highest quarter revenue since inception, delivering a sixth straight quarter of growth. Nexion generated total Q1 revenue of $2.25m, up 13.9% on …

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IBM locks-in expansion of Nexion services as ASX newcomer beats maiden full year targets

Nexion Group has delivered its maiden full year numbers for 2022, following an action-packed first full year of trade as a listed concern for the Aussie IT service provider. After listing in February last year Nexion Group (ASX: NNG) has shown why the owner and operator of the integrated cloud infrastructure – One Cloud – is already …

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Closing Bell: Small caps show big heart with unlikely rise

Nexion Group (ASX:NNG) jumped by almost 20% today, after announcing that non executive chairman Peter Christie has acquired more shares in the company, showing that he’s prepared to put his bonus where his mouth is and back the company to the hilt. Christie, who rose to prominence as founder of  infrastructure-as-a-service (IaaS) for AI and cloud …

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Nexion says business remains strong as it gains new revenue stream from satellite

Nexion’s mid-quarter update shows the company is delivering from its existing customer base, as well as new revenue streams generated from its NEXSAT business. Global cloud service provider Nexion Group (ASX:NNG)  has just announced a strong mid-quarter trading update. The company reported that its push into low earth orbit (LEO) satellite services using platforms that include …

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Q-Wrapz: Oriel chats with Paul Glass, cofounder and CEO of Nexion

In this instalment, former CNBC, Sky News, and Bloomberg news anchor Oriel Morrison interviews Paul Glass, cofounder and CEO of Nexion (ASX:NNG) Nexion is a leading global security, networking, cloud & data centre company, with global experience in full end-to-end ICT solutions, a highly skilled team, Hybrid, Public and Private Cloud solutions. The company recently made …

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Nexion releases mission critical infrastructure monitoring system

Nexion has partnered with US-based AVTECH to sell the SmartRooms technology, cracking open the US $7bn Industrial Internet of Things (IIoT) market. Global cloud service provider Nexion Group (ASX:NNG) has expanded its solutions capability and portfolio after launching the SmartRooms initiative and website. SmartRooms is a mission critical infrastructure monitoring solution, bridging the gap between cybersecurity …

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CEO Paul Glass on why Nexion does things differently to other cloud solutions providers

Building on record quarterly revenue, Aussie innovator Nexion has established a hyper-connected cloud services network that sets it apart from all the other competitors. It’s been called the next stage of evolution in Information Technology, but the dramatic growth of cloud computing is proving to be something more akin to a revolution. And as an …

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Hybrid cloud provider NEXION’s revenue is sky high after best quarter to date

Stock Insiders is a new podcast series focussed on investing hosted by renowned business journalist Oriel Morrison. The program is sponsored by Barclay Pearce Capital, Australia’s leading corporate advisory and equities trading firm. In this episode Oriel chats to Paul Glass, co-founder, CEO at NEXION Group (ASX:NNG). NEXION is an information technology service provider that offers computer and data …

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