Hi @investoryan. The point I was trying to make is that back in 2019 the cost profile of IRI was similar to what it is today and yet it was able to support $100m in revenues. Hopefully this means that if the company has success in growing revenue it doesn't necessarily have to grow costs at a fast rate. I don't think anyone here is expecting $40m of EBITDA any time soon, but the conditions are in place that *if* management are able to execute on sales that profits could potentially grow a lot faster than the market expects.
Ann: FY2023 Trading Update, page-10
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $106.4M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 60.0¢ | $86.70K | 142.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22611 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 11587 | 2 |
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| Last trade - 15.00pm 04/11/2024 (20 minute delay) ? |
| IRI (ASX) Chart |