Fulcrum Equity (FUL)

Shares / Stock Code

FUL

Stock Exchange / Sharemarket

Australian Securities Exchange

Fulcrum Equity (FUL) operates several businesses within Australia and globally. These include an investment in satellite operator Iridium Holdings LLC, operations and investment in telecoms services locally and globally through Q-Tel (Jersey) Ltd and operations in the healthcare industry via data service and information provider Healthpoint Technologies. FUL listed on the ASX in 1993. In January 2005, the company acquired and consolidated its operations with that of Healthpoint Technologies. Its head office is located in Melbourne. In January 2007, the company was renamed to its current name from Quadrant Iridium Limited.

During the fiscal year ended June 30, 2008, it has four segments: Iridium investment, which includes the investment in Iridium; support services, which includes various operational support, for the management, marketing and sales of various businesses within the Company, excluding the healthcare segment; healthcare, which includes the production and sale of Information Kiosk systems and software, the distribution of pharmaceuticals and the development and operation of medication management and supply service to consumers, and mobile transact, which includes marketing, development and operation of the pilot for the mobile transact device.

FUL's differentiating factor is its successful acquisition strategy. The key objective of the company's acquisition of Healthpoint in January 2005 was to broaden the company's offerings in the technology sector to take advantage of the growing healthcare industry. Targeting diverse sectors of the economy reduces the risks faced by FUL.

FUL's subsidiary, Iridium, has over 127000 subscribers in the maritime, aviation and defence industries. The telecom subsidiaries of FUL attract wholesale clients in Europe and Asia, whilst Healthpoint's customers include individuals and health professionals in Australia, New Zealand, UK and USA.

Fulcrum Equity (FUL) Products and Services

  • Satellite Telecommunications

Fulcrum Equity (FUL) Locations and Subsidiaries

Fulcrum Equity Head Office
Level 11, 459 Collins Street,
MELBOURNE, VIC 3000
Phone: 03 8610 8906
Fax: 03 9649 7807

Fulcrum Equity (FUL) Share Price

Submitted by ASX Listed Company on 25 March, 2010 - 00:37

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