CXZ connexion mobility ltd

Ann: Q3FY23 Quarterly Update Release Date and Investor Webinar, page-6

  1. 1,748 Posts.
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    CXZ : Quarterly Estimated based on the renewal of contract with GM ( Announcement Feb ) ( Extra $250,000 subscription revenue, per month starting from January )$715,000 - $1.1 Million AUD to the bottom line as its subscription revenue, so no extra overheadsAll in AUD
    Next Quarterly ( estimated )Revenue : $2.4 - $2.8 Million
    Profit : $$900,000 - $1.3 Million

    Last quarterlyRevenue : $1.67 Million
    Profit : $167K AUD
    Previous quarterlyRevenue : $1.4 Million
    Profit : $299K AUD

    Other things to note
    1. Sub holders as well as directors have been loading up heavily from 1.8 cents or above.
    2. This will be the first time they have announced to the market a pre release "Q3FY23 Quarterly Update Release Date and Investor Webinar" news item
    3. Suggestive of quite a bullish overall period for the company and some good looking forward statements.
    4. Company has untaken a share buy back plan on market to reduce the unecessary loose shares on market
    5. Top 20 has been significantly tightened over the last few months

    Fair value 2.7 to 3.8 cents

    Obviously DYOR

    https://hotcopper.com.au/data/attachments/5210/5210700-493720572ba22c40baf7ac2b89c1b9aa.jpg
    Last edited by AllTooHard: 19/04/23
 
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