Electro Optic Systems Holdings Limited (“EOS” or “Company”) (ASX: EOS) has experienced
several material developments in its business and finances.
1. Today the Company received $65 million of cash receipts relating to a major export
contract, resulting in total cash at bank in excess of $100 million, including a $35
million working capital facility established during the quarter.
2. Recent impacts from COVID-19 and new outlays require the Company to revise
downwards the previous financial guidance1 by $14 million at the Underlying EBIT
level before SpaceLink costs2
. This revision is primarily driven by the deferral of
revenue from two leading defence contracts into 2022.
3. SpaceLink has contracted OHB to manufacture the first constellation of four
satellites and the initial tranche of project funding is now underway via a SpaceLink
pre-IPO convertible note
Ann: Significant Cash Receipt and Updates on Guidance and Funding, page-2
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Last
$1.65 |
Change
0.055(3.45%) |
Mkt cap ! $318.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.66 | $1.56 | $930.5K | 578.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2066 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 3814 | 3 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.66 |
Change
0.055 ( 4.72 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.66 | $1.56 | 69456 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| EOS (ASX) Chart |