Hi whitey
To quote Charlie Munger EBITDA is bullpit accounting . ( cant dispute the godfather of value)
Interest, amortisation and depreciation (EBITDA) are not freebies. Eventually the bell will toll for those expenses. Thats why Gross Profit is $1.28 million and operation expenses are $1.15 million
$450,000 of whatever profit you want to use is from Government grants so your sitting on a loss before the drag of JSB
How overdue are the receivables and 100% of receivables are never collected and we have covid
$960,000 of intangible assets . Safe to say they have no resale value. Mr Munger and Buffet would agree
There is something very wrong with $60,000 of revenue from JSB when it lost money
Using proper accounting FOS was at breakeven at best and now has to absorb losses form JSB
The true picture of JSB is yet to be determined for fugazie reasons of different accounting periods so the trure situation could be
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Last
25.0¢ |
Change
0.020(8.70%) |
Mkt cap ! $13.45M |
Open | High | Low | Value | Volume |
24.5¢ | 25.0¢ | 23.0¢ | $39.28K | 161.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31788 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 75859 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31788 | 0.240 |
1 | 65000 | 0.230 |
1 | 75000 | 0.220 |
1 | 50000 | 0.215 |
1 | 15000 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 53359 | 3 |
0.275 | 48000 | 2 |
0.295 | 8000 | 1 |
0.300 | 65000 | 1 |
0.000 | 0 | 0 |
Last trade - 13.11pm 23/08/2024 (20 minute delay) ? |
FOS (ASX) Chart |
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