The negative cashflow was based on the short term incentives and currency movements. Otherwise they were predicting a Breakeven half as they are re-engaging paid market spend to grow revenue.
As you say, no guarantee that they can move back to revenue growth, but they have maintained guidance for marketplace revenue roughly at prior year levels. So that should be a sign that management are reasonably confident. Also with noting the next half is usually their smaller half without Christmas and black friday.
The negative cashflow was based on the short term incentives and...
Add ATG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 41.0¢ | $122.2K | 295.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
40.5¢ |
Change
0.010 ( 1.89 %) |
||||
| Open | High | Low | Volume | ||
| 41.5¢ | 42.5¢ | 40.5¢ | 26977 | ||
| Last updated 15.19pm 14/06/2024 ? | |||||
| ATG (ASX) Chart |