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Ann: Preliminary Final Report, page-7

  1. Kelvestor
    77 Posts.
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    31/08/22
    19:06
    Post #: 63443661
    https://hotcopper.com.au/data/attachments/4639/4639523-7dc98811ef0550af78d640c0f13cf8fe.jpg

    Loss before income tax = -$3.4 million
    add back: share based payments: $1.3 million
    add back: impairment expense: $1.36 million
    = $700k of losses

    Take -$0.7m / $9.656m of revenue = -7% profit margin. The cash burn situation isn't that bad.

    But does anyone know why there is a huge impairment expense?
    3DP Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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