SYT 0.00% 0.1¢ syntonic limited

Ann: Half Yearly Report and Accounts, page-21

  1. 6,689 Posts.
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    banksy,

    "gross profit as a % has slid from 52% to 36%" - to emphasise this is a trite misleading, wouldn't you agree?

    Gross profit is also up 142% from the corresponding half year period last year.

    Revenue has really only just started to accelerate. Comparing the last 6 months with the corresponding previous period is overall deceptive on both positive and negative fronts. The last quarter revenue was up 90% from the previous quarter and it's these two quarters that make up the 6 months of the half year. Effectively the first of the two quarters is dragging down the overall 6 month result.
    Then we have the cost of the Zenvia purchase which clouds the numbers.

    I for one, am more focused on the quarter on quarter results.

    Seeing that the CR camp believe that a CR is coming based on the reported figures, they should also be able to forecast the size of the CR too.

    How much? $1 million, $2 million or $x million before we are cash flow positive?

    I'm not discounting a CR outright. But based on the last quarter on quarter results, I can't see it being all the large if there was one.



 
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