Yes that is correct and the market will focus on this. Its a good result and the $15m loss is mainly made in the first half of last financial year. Employment cost are down while revenue is sharply up. IF is the biggest growth area and that sets BUB apart. Its a good result and if this growth continues it will be more than profitable this financial year, one year earlier than I thought. Cash in the bank is strong as are the receivables. With the cash burn stopped this cash figure will increase and ready for acquisitions or rapid organic growth. Market will be pleased IMO
Ann: FY19 Annual Results Presentation, page-28
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $107.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $9.763K | 81.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 5063978 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 1193979 | 15 |
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| Last trade - 12.54pm 05/11/2024 (20 minute delay) ? |
| BUB (ASX) Chart |