AZoNetwork goes for growth with listing on the Australian Stock Exchange (ASX)
Published on 08/11/2019
Manchester based AZoNetwork UK Ltd. the leading Marketing as a Service (MaaS) company for the Science, Technology, Medical and Life Science Sectors is proud to announce that it will be listing on the Australian stock exchange via a reverse takeover by Bora Bora Resources (BBR) of its parent company AZoM.com Limited.
The company specialises in Inbound Marketing and lead generation using its proprietary scientific content marketing platform.
The platform works in conjunction with a network of 12 subject specific sites which are visited by over 80 million unique users each year.
Founder and CEO, Dr Ian Birkby stated, “We have a really good product, platform, team, traffic levels and customers in an expanding market. A stock market listing is a logical next step as we look to move onto the next phase of our global growth, provide some increased visibility for our activities, some liquidity for our original investors and value recognition for staff option holders.”
“Reverse Takeovers of Mining Exploration companies in Australia are a relatively common route to IPO as the value of profitable Tech companies are recognised by the market.”
“Since our last investment round in 2012 we’ve grown at a Compound Annual Growth Rate (CAGR) of 26% as our mantra of “Marketing Science using Scientific Marketing” resonates increasingly within our customer base”.
Dr. Birkby explained. “Many of our clients recognise that they should be doing more in relation to Inbound Marketing, but they’re unsure as to the best approach, or struggle with resources.”
This is Ian’s second entrepreneurial venture having previously led a Management Buyout and subsequent trade sale of Advanced Ceramic producer Dynamic-Ceramic Limited (Crewe Cheshire, now Coorstek).
Following the successful sale of Dynamic-Ceramic Ian founded AZoM.com, the A to Z of Materials, in Sydney Australia, before expanding into related sites such as AZoNano.com, AZoSensors.com and several other sectors listed on AZoNetwork.com.
Many of the top clients of AZoNetwork are billion-dollar market cap-listed entities who have worked with the company for over 5 years.
Dr. Birkby stated, “When you consider the tens of thousands of companies increasingly understanding the value of Inbound Marketing in the sectors we serve, you begin to appreciate the billion-dollar scale of the opportunity ahead of us.”The company relocated to Manchester’s NEO building in Mar 2017 to be closer to the Digital and Scientific talent pool offered by a Manchester location. Although the company has an Australian Head Office, it’s engineering, content and sales teams are based in Manchester UK.
Dr. Ian Birkby is a former rugby-league scrum-half with Castleford and Oldham, a Salford University graduate with a PhD in Zirconia Ceramics and Tribology.
Dr. Ian Birkby is available for interviews.
The proposed transaction is subject to long form documentation being completed with a listing to occur on the ASX in March quarter 2020. A link to Bora Bora Resources ASX Release and Statement can be accessed at:
https://www.asx.com.au/asxpdf/20191028/pdf/449yqkqd9vwgt9.pdf
www.azonetwork.com