VMT 4.17% 12.5¢ vmoto limited

Ann: Vmoto secures A$13 million B2B order, page-32

  1. VYR
    4,634 Posts.
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    First half of 2020 the net profit from distribution ( before corporate and admin ) was 12.59% of sales.

    First half average sales were $2450

    Corporate and Admin costs with the performance bonus will be around $3m in 2020 so the first $23m of sales ( circa 10,000 units) pays the corporate and admin costs

    So a $13m order should add around $1.6m or half the forecast earnings for 2020.

 
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