PNV 6.62% $2.54 polynovo limited

Ann: FY21 BTM Revenue Results, page-130

  1. 2,886 Posts.
    lightbulb Created with Sketch. 2037
    Why even discuss PE or NPAT? The company is not profitable and will continue to not be for at least another 12 months I would suggest.

    Record revenue is great but it is the slowing rate of growth that is causing the SP to find its way back down to earth. The market was pricing this company for 100%+ YoY revenue growth. That has fallen to 30 odd %.

    It is a growing company that will likely be profitable in the future, just growing slower than it has been and the market is adjusting accordingly.

    It was being priced to perfection but it hasn't delivered perfection. That's all it is.
    Last edited by jlo2012: 14/07/21
 
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