Whether it is new resale, pre-owned, hard-to-find or end-of-life, we offer you the flexibility of buying, selling or consigning data centre equipment across all major IT brands.
Beyond fulfilment capabilities, we enhance your value chain by assisting you with the monitoring, planning of movement, and storage of goods across all stages of your supply chain.
Backed by our 24/7 global helpdesk and team of technical professionals, we provide you with multi-platform maintenance support via a single touchpoint across the globe.
Through a pay-as-you-use model that converts your cost of ownership from CAPEX to OPEX, we offer on-demand computing resources that scale with your business needs.
Optimising the value of your data centre hardware, we offer a holistic suite of services, comprising assessment, verification, recovery, refurbishment, reconfiguration and/or resale of equipment.
This company grew fast by tapping on a niche need. It is now listed.
Sean Murphy, Global CEO, Procurri Group, shares his thoughts on the global pre-owned equipment market worth US$15.9 billion in 2015, and discusses Procurri’s edge as the first mover with a coverage across 80 countries and 10 offices worldwide. The Group is raring to embark on its global expansion plans post-listing, especially with exciting market prospects ahead and the industry’s shifting trends opening up new opportunities.
Procurri Launches IPO on the Main Board of the SGX-ST at S$0.56
First non-REIT and first technology IPO on the Main Board of the SGX-ST in 2016. Strong financial growth - achieved CAGR of over 100% in both revenue and net profit from FY2013 to FY2015. Proceeds will be used for building M&A war chest, enhancing infrastructure and funding growth expansion plans, amonst others. Intends to recommend and distribute dividends of 25% of net profit after tax for FY2016 and FY2017.
Analyst Report: DBS initiates a Buy Call on Procurri Corporation Limited
DBS Group Research earmarks Procurri’s unique positioning in the fragmented IT equipment market and outlines the Group’s prospects in the report, describing the Group as a “promising player in a high growth sector”.
- Proxy to cloud and data centre markets, offers 25% earnings CAGR over FY 15 – 18
- Superior margins due to integrated business model
- Initiate with BUY and TP of S$0.67 for 26% potential upside