Skdoo
The net loss was due to the 37.4m impairment of intangibles which is a non cash expense. The balance of intangibles on the balance sheet is writen down through a one off expense to the P&L - as their is no actual cash outlay this has no effect on the cashflow of the business.
OCF of 21.8m was a strong positive, as is the stronger balance sheet and the recalibrated costs as a percentage of Revenue.
The turnaround looks a little more concrete from this half year - though I have only glanced the result so far.
Ann: Preliminary Final Report , page-3
Add COF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.22 |
Change
0.008(0.62%) |
Mkt cap ! $722.7M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.21 | $66.03K | 54.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 36148 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 65663 | 12 |
View Market Depth
| Last trade - 11.09am 02/09/2024 (20 minute delay) ? |
| COF (ASX) Chart |