Sales were great and lots of good stuff in here, except for one bullet point that made me wince... H1 earnings expected to be similar to prior year...
So revenue in Q1 is up 157%, Q2 expected to be the best ever... H1 is traditionally the biggest half... and earnings aren't going to move?
GDA must be seriously blowing a lot of money on marketing. Growing market share, yes yes, but surely they can get these costs under control. I've said it maybe half a dozen times in the past year on this GDA forum, but I'll say it again... we need bottom line growth too!
GDA Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held
