well, no significant changes from that presented previously.... having said that, was very impressed with the $5m-$6m EDITDA already. But, some quick notes:
- Depreciation and ammortisation in the prelim report for 2017 fin year was $3.08m. Therefore, I would suggest this makes up the majority of difference between the NPAT forecast of $2-2.5m and EBITDA forecast of $5-6m.... The balance will be interest. This is good, as Depreciation and ammortisation naturally has little effect on cashflow.
- Net Cashflow forecast (after finance costs) of $2.785m. Nice.
- Revenue forecast at $20-$21m, a massive growth. However, it appears only revenue of $1m for eftpos in 2018 year. This may possibly be very conservative. Either way, I would have thought this was going to be a strong percentage of the forecast revenue growth, but, its not even 10%. This lends very well for a very good 2019 year when no doubt the delayed eftpos products begin to make their mark.
- No revenue included in this guidance for bit coin in the 2018 year. This is understandable, based on the timeline indicating H2FY18 as rollout time frame. I would assume this would be May/June at the earliest.
- I love the example of a conversion of 1 Bitcoin.... the present price based on the % fees being charged indicates a transaction fee of $232, as opposed to an ATM transaction fee (on cash) of $2.50.
very happy with the potential of the year ahead.
- Forums
- ASX - By Stock
- STL
- Ann: Investor Update
Ann: Investor Update, page-2
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online