This was a company that I have been following for some months, with a view to becoming a shareholder if I felt the valuation and financial performance stacked up.
Today's result, features a 24% fall in Gross Profit:
Which would have been even worse, had it not been for the transference of a net $230k out of CoGS in the half, compared to pcp:
Can anyone shed some light on what might be driving this?
Because it doesn't "feel" to me like the kind of Gross Profit performance for a $200m market value company.
Ann: Alcidion FY20 Half Year Report and Appendix 4D, page-32
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5.6¢ |
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Mkt cap ! $75.17M | |||
| Open | High | Low | Value | Volume |
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