Big big improvements in company's financials.
1) Net asset value went from -$6.6m to now +$857k. We have now achieved a positive net asset value. This should enable the debt facility to be signed and activated.
2) Q2 net profit after tax of $1.3m. This is probably the highlight. Q2 can achieve NPAT of $1.3m, Q3 and Q4 will probably achieve much more as we know the revenue split between H1 and H2 is about 30%: 70%.
Ann: EN1 H1 2019 Financial Performance Commentary, page-13
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