Australia's largest stock trading and investment forum Australia's #1 stock forum

IMS

Click for more information

0.00%

69.0¢ impelus limited

The Share Price Speculation Thread, page-73

First 73 Last

Share
Profile

Follow
stocking

5,790 Posts.

242

29/09/16

18:09

Post #: 19517693
Share

Originally posted by qqqqqqqqq ↑

yes Pilatus, all above board and used by many companies

But it forms part of any proper analysis of profit and loss - as to the real underlying profits

Capitalised expenditure has been spent - cash outflow

Profit of $4.9m for FY 2016 would have been reduced significantly if $2.67m were expensed as normal operating expenditure

The accounts clearly stated that this expenditure helped revenues in FY 2016 but have adopted to capitalise it over a few years or so ..

''The company spent and capitalised $2,627,790 FY16 (FY15 $1,176,045) on system development, platform development and product development. A component of that expenditure was wages, this expenditure was capitalised: FY 2016 $1,122,500 (FY 2015 $721,824). ''

''This expenditure has underpinned and facilitated the Company’s expansion of markets, products and revenues both in Australia and overseas: revenues in FY2016 increased by 83.44% (FY2015 increased by 71.35%)''

IMO, as mbe are expanding into many overseas markets - capitalised expenditure may increase over next few years

Expand

q - I've been wondering this for ages.. is there any logic behind your qx9 name? Why not qx5 or x20?

MBE Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Talking Australia's very competitive property landscape: Realty Talks

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

AI stocks: What to expect in 2024-25

NRX

Noronex joins forces with South32 to look for copper in Namibia

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

There are more pages in this discussion • 164 more messages in this thread...

First 73 Last

Add IMS (ASX) to my watchlist