revenue up by 74% EBITDA UP BY 13% 7.4 milliom in cash all in the last 12 month's, plus a 100% growth each year for the last two year's, and this year appear's it could be just as good.
Couple of things wrong. First in a sustained downtrend, dropped from 6 cdents at the start of they year.
Revenue up 74% but from a low base. Easy to double it if you dont have much revenue to start with. And still not enough to cover the infrastructure depreciation.
EBITDA UP BY 13% - Why is that good?
7.4 milliom in cash all in the last 12 month's - raised all of that via the sharemarket, havent made any of it. rememeber, their last issue was underscribed. How many millions of shares will they need to issue when they need more money and their shares are at 1.4 cents.
And you forgot to mention - they lost $3.5 million last year, and have $7 million in cash.
Hope it goes well, but you are looking through rose coloured glasses if you see joy in those figures.
Want to see good fundamentals - have a look at EZL's rate of profit growth as a yardstick.
