What a terrible result.
The CEO couldn't provide an earnings outlook for FY21, and the second half of FY21 will grow moderately, which means SLOW. but still confident about doubling revenue in 2025? Where is the confidence come from? Do they expect super super fast growth in 22,23,24?
"Lockdowns and travel restrictions will continue to hamper the timing of sales converting to revenue. ". How does lockdowns have anything to do with the business? All SaaS companies are enjoying a big tailwind, reaching a record high. All automaker Benz, BMW, Toyota, Ford, GM, Tesla, Nio, their share price all recovered to 2019 level, or even higher. IFM is in both Auto-industry and a Saas company, its performance is even worse than an airline&cruise company.
BTW, if they don't spend the money, WTF did a capital raising?
News: IFM Infomedia Says HY Net Profit Attributable $9.3 Mln, Up 3%, page-5
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.68 |
Change
0.070(4.35%) |
Mkt cap ! $631.3M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.68 | $1.51 | $484.0K | 295.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8814 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 2923 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IFM (ASX) Chart |