ADA 1.06% 47.5¢ adacel technologies limited

Ann: Award of New Contract and Earnings Guidance Update, page-3

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  1. 126 Posts.
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    24-08-22 Guidance - EBITDA between US$6.7m and US$7.2m and PBT of between US$4.5m and US$5.0m

    20-02-23 Guidance - EBITDA between US$4.4m and US$4.6m and PBT of between US$2.4m and US$2.6m

    05-06-23 Guidance - EBITDA between US$3.0m and US$3.2m and PBT of between US$1.0m and US$1.2m

    While FY22 results were EBITDA of US$6.9m and PBT of US$5.2m

    Makes me wonder how the business plans its operations and makes smart decisions when forecasting accuracy appears so low. These continual downgrades are making it hard for me to believe in the current management.
 
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