Understand your logic however isolating the loss on it's own for a business like NXT just doesn't make sense. The $21m loss includes $94m in depreciation. Non-cash and has no bearing on the sustainability of the business going forward.
Operating cash flow is very strong.
I'm invested in the belief that in 5+ years when CAPEX is switched off this will become a cash cow. Will that happen? Time will tell.
Ann: FY21 Results Announcement, page-52
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Last
$17.39 |
Change
-0.210(1.19%) |
Mkt cap ! $11.13B | |||
| Open | High | Low | Value | Volume |
| $17.46 | $17.52 | $17.32 | $24.24M | 1.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 928 | $17.36 |
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| Price($) | Vol. | No. |
|---|---|---|
| $17.41 | 7031 | 2 |
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| NXT (ASX) Chart |