DSK 2.12% $1.16 dusk group limited

Ann: FY24 Trading Update, page-59

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  1. 44 Posts.
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    DSK share has done well in such a short time. I've just discovered it today.

    The decline in pro-forma EBIT to $6.2M FY24 vs $16.5M FY23 looked like a big concern.
    But FCF was a solid $25M FY24, about $4M higher than FY23.

    With Net Cash $20M, this share looks cheap based on FCF numbers instead of pro-forma EBIT, Operating Income and Revenue (Gross Margin held up well).

    My first look at the falling EBIT in DSK's presentation would have raised a big concern, but FCF was solid.

    Can anyone here please share the catalysts why DSK has done well here? Is it the FCF?

    Thanks
 
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Last
$1.16
Change
-0.025(2.12%)
Mkt cap ! $71.91M
Open High Low Value Volume
$1.17 $1.17 $1.16 $36.56K 31.55K

Buyers (Bids)

No. Vol. Price($)
1 15006 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.17 1811 2
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
DSK (ASX) Chart
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