All looks good until you get to the last line "Our sales pipeline continues to build, however some opportunities are shifting to FY23. We are also seeing operating costs increasing at a similar rate to revenue. FY22 EBITDA will be in the range of $45m to $50m and we are now revising our guidance for FY22 NPAT to be in the range of $25m to $30m, which is below previous guidance provided at the November 2021 AGM" a profit downgrade. Going to be a very poor 2nd half. Cashflow looks good until you see the amount of capitalised software 11.3mil an increase of about 40% from last year. Will be interesting to see what the market thinks as it has already dropped in price a lot over the last few months
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)