Ann: Profit Guidance, page-2

Guidance suggests some positive news on earnings.
For the first 4 months of H1 FY21 revenue up 7% on pcp and EBITDA margin up to 8 to 9% compared to 6.3% pcp.

H1 FY20 :
revenue = $ 109.8M
EBITDA = $ 6.9M
eps= 1.50 cents

Estimates for H1 FY21, assuming improvement in 1st 4 months holds for the 6 month period:
revenue = 109.8 x 1.07 = 117.5
EBITDA = 117.5 x 8.5% = 10.0
( would expect a further boost to EBITDA from lower I as interest rates are lower compared to pcp )
eps = 1.50 + .7 x ( 10 - 6.9 )/75.027 = 4.4 cents
( assumes no change in D or A )

On an asset basis as at 30/6/2020:
nta = 65.1 cents
property ( Market value - book value ) per share = 11.7 / 75.027 = 15.6 c
franking credits per share = 21.9 / 75.027 = 29.1 cents
Total = 110 cents