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RPMGlobal Holdings Limited (ASX:RUL) is an IT company within the mining industry that has traditionally provided advisory services and technical support in regards to mine preparation and planning. Questions of where, when and how to dig are the types of questions RPMGlobal’s technical consultants and mining software addresses when dealing with miners looking to extract their commodity in the most efficient way possible. Today, by far RPMGlobal’s most important business is its software division. Thanks to years of visionary management and research & development (R&D) spending, RPM’s software is amongst the leading tools for mining equipment tracking, maintenance, planning and financial reporting.
The financial statements of small cap IT company RPMGlobal Holdings Limited (ASX: RUL) might appear uninspiring on the surface but a bit of digging reveals a company with the potential to surprise.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.62% at lunch.