Cash flow statements can not give you profit and loss. You need to add proportion of depreciation in loss of $735K. You will have to add one off government COVID assistance $446K. Therefore last quarter loss before depreciation is more than $1.1 million. Depreciation expense as per report were only $45,463 I regard it as reported on the lower side. Depreciation in real terms would be many times more than reported. At some point of time in future, management will have to do adjustments and catch up with lower reported depreciation, hence increased net loss. If management could not get it right in 2 years, I doubt they can get it right in future. Everything was on their side, yet they could not deliver. This reminds me of Virgin Australia.
- Forums
- ASX - By Stock
- HLF
- Coles (ASX:COL) awards Keytone Dairy (ASX:KTD) private label tender
Coles (ASX:COL) awards Keytone Dairy (ASX:KTD) private label tender, page-55
-
- There are more pages in this discussion • 133 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 HLF (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.805M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
HLF (ASX) Chart |
Day chart unavailable