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Looking at page 13 of the presentation EBITDA for 1HFY16: $4.9m...

  1. Mpacman
    350 Posts.
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    23/02/17
    18:52
    Post #: 22856171
    Looking at page 13 of the presentation
    EBITDA for 1HFY16: $4.9m
    EBITDA for 1HFY17 $5.3M which is pre-growth acquisitions and after eliminating unfavourable FX movements it is $5.6M. That is an underlying growth rate for Shelston IP of 14%+!! You can somewhat confirm these numbers as well based on the disclosures in the financial report. Big misunderstanding caused by the headline numbers.
    XIP Price at posting: $1.97 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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