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* - Tentative Dates
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 7.65 | 8.33 | 40.67 | 183.99 |
| Revenue | 0.12 | 4.20 | 35.35 | 383.37 |
| Profit After Tax | -1.49 | 1.42 | 8.40 | 85.46 |
| Net Worth | ||||
| Reserves and Surplus | -1.04 | 0.37 | 8.77 | 91.22 |
| Total Borrowing |
Varanium Cloud Limited was established in 2017. Varanium Cloud identifies existing limitations in small communities and finds digital solutions to solve them. Their goal is to reduce technology gaps by introducing new generation digital tools that create equal opportunities.
For small communities, high-speed Internet access can be a game changer for economic growth, employment and education. HydraWeb has established edge data centres in lieu of a central location to provide reliable and efficient computing in non-urban areas or specific locations.
JumpTalk is a Voice over Internet Protocol (VoIP) service that allows users anywhere in the world to make high-quality audio and video calls. JumpTalk's strength lies in its back-end technology that allows callers to call ANY whether they are using smartphones, cell phones or even landlines at extremely low rates.
Cable Cloud offers a white-label cloud-based solution for cable TV and data. It aims to bridge the digital divide in non-urban cities by enabling simple low-bandwidth devices.
TUG Digital provides warehousing, packaging, shipping, social media marketing and customer relationship management services to e-commerce companies. This allows them to focus on what they do best their products and leave the rest of the work to us.
