VMT 4.17% 11.5¢ vmoto limited

Ann: Strong growth in profit expected for 2015, page-61

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  1. 73 Posts.
    That ann. doesn't make financial sense, does it? How can you make 6mil earnings (e) before all your (itda) costs, then say you are going to make 5mil net profit? Surely they can't just have 17% only of interest, tax, deprec and amort of costs? Tax alone would be 30% surely? Can someone with accounting knowledge inform me please. Cheers, C.
 
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