Perhaps not the best results on face value, but I think there are lots of positives in this report. Revenue is up by 26% in a year that the company describes as an "investment year", which it should start to realise the benefits from in FY2018 during which the company expects to realise strong growth. It has invested an extra $12.6m in staffing and $23.3m in capital expenditure. The company has no debt and $22m in cash, as well access to an already approved unused $15m debt facility. It is also involved in a number of major projects and is a strong contender to be involved in some others. Personally I think NTC could achieve a very significant SP increase over the next 12 months.
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