Doing some quick math... if revenue dropped 50% in fy2019 vs prior year... they would make 32m revenue
They announced 22m rough decrease in expenses. So assuming last year expenses minus 22m... 46 - 22...expenses will be 24m expenses.
32 - 24m = 8m EBITDA
They will probably factor in another 2m loss in goodwill so likely pay tax on 6m of profit.
2m tax... 6m retained profits... 18m cash balance take it up another 6m.
Total cash 24m ... plenty of time to work out a game plan and things to settle with royal commission
Imo dyor.
Interested in others thoughts on these calculations
- Forums
- ASX - By Stock
- FIG
- Ann: Clarification of market announcement
Ann: Clarification of market announcement, page-13
-
- There are more pages in this discussion • 68 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 FIG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online