I wouldn't be to excited by these results.
Appears they realized a $17m fair value gain on Synlait investment (Paper gain), $11m in interest income & $15m in cashflow hedges all non-recurring.
Not sure what this interest income is from exactly? But backing these 2 items out they are pretty much in-line with FY21 on 20% more sales.
Marketing spend has gone up 46%.
I don't really follow this business anymore but appears some accounting magic has gone into the P&L.
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Last
$7.80 |
Change
-0.030(0.38%) |
Mkt cap ! $5.658B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.87 | $7.78 | $3.852M | 491.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6055 | $7.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.80 | 1469 | 6 |
View Market Depth
| Last trade - 13.31pm 25/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |