You aren't quite reading it correctly
For a start, there were one off costs of $3M for the quarter that were liabilities that existed from IPO
They have also pre-paid over $1M of advertising space
Staff costs were up, but that was due to some IPO associated costs, and hiring additional engineers to switch customers onto the EN1 platform .. which in the long run is much more beneficial
EN1 expects the bulk of the costs to be incurred this half, with a whopping 75% of it's revenue to fall in the 2nd half ... meaning it has a massive 7 months ahead
![]()
![]()
They have also flagged proposed acquisitions to be announced very shortly
![]()
All in all, that is an excellent quarterly report IMO and signals some huge revenue growth ahead
- Forums
- ASX - By Stock
- CTV
- Ann: Appendix 4C Quarterly Q1 2018
Ann: Appendix 4C Quarterly Q1 2018, page-5
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online