Ann: Zoono Half Year Results, page-2

Very good explanation of things - from the UK business to the sales process (although It was a bit unfortunate that the issues with the short term issues with the UK business weren't previously flagged). A nice surprise to see margins holding up quite nicely.

Even with a weak 1H (due to purely an accounting trick), ZNO still reported over $1.6m in NPAT... quite a shame they couldn't quite get the large order of $7m odd out the door otherwise this would have resulted in revenues of $21.5m, a nice chunk ahead of the $20m I was expecting.

It sounds like 2H is going to be very, very big - probably similar to last year (in the $30m''s - especially with $7m odd basically already sold in 1H) - ie a full year revenue result closer to $50m than $40m, and comfortably ahead of last year.

These results have confirmed anybody thinking "Zoono = covid" and now sales are going to start going down could not be further from the truth... there are many, many opportunities on the horizon, alot of which are already materializing. A growth company, making money on a Price to Revenue ratio of less than 3 for FY21 (based off my estimates) now that is incredibly rare!