Stock Insiders: 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 storage equipment as a service that it integrates with public cloud services to form a hybrid cloud.

Nexion has made a strong start to FY22, with its best ever quarterly revenue since inception. The company delivered an unaudited revenue of $1.87m for Q2, a 50% jump in revenue compared to the last quarter.

Oriel and Paul caught up on Stockhead’s Q-Wrapz video series, showcasing the company’s previous quarterly results.

To hear more about Paul’s journey to co-found NEXION, the challenges of expanding a company during a pandemic and the future outlook for NEXION, click below.