Sustainable competitive advantage leading to higher margins. Revenue without margin is a recipe for “being busy but not profitable”.
Any manufacturing hiccup with a performance penalty clause in contracts would translate immediately into a loss.
The outlook for F24 only talks about revenue. The F23 H1 has a buried write off of goodwill (read overpaid for acquisition).
This Board needs to focus on profitability not “tender revenue” where QHL is a clearly a “price taker” with no influence on better margins.
I would be interested in their cashflow forecasting, including the USA facility needs. Still sounds like they will need fresh capital.
Sustainable competitive advantage leading to higher margins....
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $12.19M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.0¢ | $13.30K | 75.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19780 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1000 | 1 |
View Market Depth
| Last trade - 15.05pm 14/06/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
-0.010 ( 5.56 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 18.0¢ | 16.5¢ | 21912 | ||
| Last updated 14.12pm 14/06/2024 ? | |||||
| QHL (ASX) Chart |