How can it guide to achieving FY23 NPAT of $21.5-25M when it only got $5M in 1H? It is expecting to get $20M NPAT in 2H23 with deteriorating macroeconomic outlook?
"The outlook assumes no significant deterioration in economic conditions that affect sales performance" ... is this a realistic assessment?
Sales up 6.6% on a nominal basis, does this actually mean reduction from a real basis considering inflation is like 7-9%?
Many problems to resolve...and still richly priced based on its earnings potential..PE ratio of 33 if we think that they'll get NPAT of $10M?
Ann: FY23 Half Year Results Announcement, page-3
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