IF by any chance we get a "sell the news" type of response tomorrow, you can be sure that I will be buying the dip as I did with APX today! That 17% dip made my eyes light up haha.
The results are good at the top end of guidance, and the outlook is good with a 25% increase across most key metrics. Key numbers between this year and next year listed below:
FY 20 outlook: Revenue between $200m to $206m (up 12% to 15% on FY19) Underlying EBITDA between $100m to $105m (up 17% to 23% on FY19)
FY21 outlook: Data centre services revenue1guidance of $242m to $250m (up 21% to 25% on FY20) Underlying EBITDA2,3guidance of $125m to $130m (up 20% to 24% on FY20)
2019 net assets: 875 million
2020 net assets: 1,683 million
IMO GLTAH
NXT Price at posting:
$11.91 Sentiment: Buy Disclosure: Held
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