ANO

0.00%

72.0¢ advance zinctek limited

NPAT 2019, page-29

First 29 Last

Share
Profile

Follow
throwerw

493 Posts.

137

26/04/19

19:40

Post #: 38282365
Share

Originally posted by vestro: ↑

I'm changing mine to $11.9m to annoy @Klogg

YTD profit of $3.4m known

$1.8m profit in last quarter known (estimated $800k came in March alone and 3x PCP FY18)

With doubling of capacity, further cost savings/less fixed expenses, Deveraux comment about placing orders in May, significant ZinXation orders commencing and Alusion growth I think they can do $4.5m approx this quarter.

This gets us to: $7.9m.

Then I'm adding other revenues of $750k - (It was $500k in first half already that I do not believe Geoff is accounting for in these unaudited trading profit figures above. We have fixed deferred income from license agreement that will add to it further in 2H which I approx only around $250k as the Forex adjustments won't be as significant.)

This gets us to $8.65m.

They made a comment in January that the "The Board will bring back the DTA in line with tax expense in the next two years until the Deferred Tax Asset Balance of $6.4million is utilised." (The chart shows $1.75m DTA for 2019). The footnote then says: "Further top up of the DTA balance of $1.5million may be necessary based on profit growth trajectory."

So I'm putting up $1.75m + $1.5m in DTA - now we're at $11.6m but who knows how they will track this. I don't think they just make it up - it is clearly based on or linked to the profit growth so considering they said this back in January so it could even be higher yielding an even higher write on impacting headline profits after tax further. Regardless, the DTA isn't that important at the end of the day - but @Hottin did ask for after tax!

Expand

that's about 95% net margin on their new revenue guidance!

ANO Price at posting: $4.19 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

OPL

Opyl forms JV with UK and US consortium to bring products to the world

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

There are more pages in this discussion • 14 more messages in this thread...

First 29 Last

Add ANO (ASX) to my watchlist

(20min delay)
Last 72.0¢		Change 0.000(0.00%)		Mkt cap ! $44.96M

Open	High	Low	Value	Volume
72.0¢	72.0¢	72.0¢	$3.488K	4.845K

Buyers (Bids)

No.	Vol.	Price($)
1	10477	72.0¢

Sellers (Offers)

Price($)	Vol.	No.
76.0¢	480	1

View Market Depth

No.	Vol.	Price($)
1	10477	0.720
1	425	0.705
1	455	0.655
1	50	0.250
0	0	0.000

Price($)	Vol.	No.
0.760	480	1
0.790	500	1
0.800	26001	1
1.050	15000	1
0.000	0	0

Last trade - 14.28pm 26/07/2024 (20 minute delay)

ANO (ASX) Chart

NPAT 2019, page-29

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Geochemical work at Newington picks up gold and copper anomalies for Midas

Opyl forms JV with UK and US consortium to bring products to the world

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

NPAT 2019, page-29

Top Stories

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Geochemical work at Newington picks up gold and copper anomalies for Midas

Opyl forms JV with UK and US consortium to bring products to the world

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News