they anticipate the company to incur a final loss in 2020, before generating positive profits of AU$59m in 2021. Therefore, KDR is expected to breakeven roughly 2 years from today.
This means that a high growth rate is not unusual, especially if the company is currently in an investment period.
One thing I’d like to point out is that KDR has managed its capital prudently, with debt making up 40% of equity. This means that KDR has predominantly funded its operations from equity capital,and its low debt obligation reduces the risk around investing in the loss-making company.
