I figured it was a suitable marker to warn of my cynicism.
A ramper spamming other forums led me here (claiming it was spitting out cash) so I thought I'd have a quick squiz. Whilst there's definitely potential if those acquisitions can be moulded into a more efficient whole, there is no real evidence yet of that occurring in that report. My BS detector also instantly shot to the red seeing others spruiking MA led turnover growth, along with comparisons to other companies in the space based on P/S alone without consideration of margins.
I'd need to see more progress in the full year before considering.
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- Ann: FY21 Half Year Report and Accounts with commentary
Ann: FY21 Half Year Report and Accounts with commentary, page-61
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