I am entirely happy with this result.
Receipts from customers are up ~18%, which brings growth pains. These will settle next year leaving a bigger stronger business. MAXIParts has proved a worthwhile and useful development, and further growth and gains can be expected here.
The slight downturn in NPAT is entirely attributable to the China venture, which MXI will now exit. Correct.
The div is maintained and covered - the div is why a stock like MXI is worth having.
The market's response to the FY was immediate and strong. Expect further gains in coming days.
Ash
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Last
$2.55 |
Change
-0.010(0.39%) |
Mkt cap ! $141.3M | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.60 | $2.55 | $22.26K | 8.609K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2941 | $2.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 18402 | 3 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| MXI (ASX) Chart |