"Personally I wouldn’t place any weight on the FY23 figures for calculating P/E ratios etc, they’re ancient history given annual growth in revenues of ca100%"
Not sure that figures would be better if you take FY 24 data.
Remember that H1 24 EBITDA and NPAT decreased* despite an increase of 43 % for revenues (and a flat gross margin).
It is one of the difficulties with this company at this stage : not easy to assess their basis of earnings.
We can also see it via the volatility for their cash flow from operation (0.4 m$ in Q1 24, - 0.7 m$ in Q2 24 and 2 m$ in Q3 24**).
It does not mean that the company is not interesting (I have decided to invest in it), but only that it is still tough to assess their sustainable margin and cash flow, at this stage.
* mainly due to higher marketing spendings on new distribution platforms.
** Q3 24 was inflated by delayed payments.
- Forums
- ASX - By Stock
- A particular case
"Personally I wouldn’t place any weight on the FY23 figures for...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EZZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.85 |
Change
0.255(16.0%) |
Mkt cap ! $81.94M |
Open | High | Low | Value | Volume |
$1.64 | $1.85 | $1.63 | $372.5K | 214.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.85 | 1056 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 600 | 1.765 |
1 | 1000 | 1.760 |
1 | 1212 | 1.750 |
1 | 5000 | 1.730 |
1 | 45000 | 1.720 |
Price($) | Vol. | No. |
---|---|---|
1.850 | 20000 | 1 |
1.870 | 2000 | 1 |
1.890 | 5000 | 1 |
1.920 | 56 | 1 |
1.950 | 10893 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
EZZ (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online