Ann: MLD Euroz Hartleys Presentation, page-2

From the presentation some of the positive points were

FY22 revenue is forecast to grow to $1.4b
There are a large pipeline of opportunities for further growth.
EBITDA margins after removing one offs was over 17%
The are studying possibilities for robotics to save labour cost

The presentation focused mainly on revenue and winning work. The problem MACA has had is performance and being able to turn the higher levels of revenue into improved returns for shareholders.

For me the things that were missing from the presentation were.

1) Net profit after tax and EPS

2) Return on equity. What return had been achieved on shareholders funds. It would be good to get some comments on this.

3) How can the company Improve bottom line performance.

4). Employee equity participation

5) Any business challenges. They need to be more Candid

The bottom line result for 2021 was poor. The share price reflects this and now Maca has now dropped out of the ASX300 index.