Revenue was largely stable from H1 ($6,382) to H2 ($6,184), so $198k less in the second half, which looks much better than the year on year comparison.
The 2nd half reduction in revenue also accounts for most of the reduction in net profit from H1 ($223k) to H2 ($28k), which is $195k less in H2.
Corum suggests that the cross-selling of their peripheral products has increased in H2, then Corum Clear will be launched in about a month, which should again enhance the cross-selling platform even further.
If the business can continue to manage its cost base from here, but grow revenue, it should largely hit the bottom line.
Net assets of $14m, including $5m in cash available for $8m market cap.
I think Corum should stop looking for acquisitions and find someone to buy the business and Corum Clear for $20m, then Bill can keep the ASX shell and do something else with it.
- Forums
- ASX - By Stock
- PHX
- Ann: Preliminary Final Report
Ann: Preliminary Final Report, page-5
-
- There are more pages in this discussion • 4 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 PHX (ASX) to my watchlist
|
|||||
Last
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $23.94M |
Open | High | Low | Value | Volume |
3.9¢ | 4.2¢ | 3.9¢ | $123.9K | 3.084M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 111237 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.036 |
1 | 200000 | 0.035 |
1 | 150000 | 0.033 |
2 | 140000 | 0.032 |
3 | 308245 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 111237 | 1 |
0.050 | 364999 | 1 |
0.051 | 80000 | 1 |
0.055 | 77252 | 1 |
0.060 | 28973 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
PHX (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online