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.
I wouldn't be to excited by these results.Appears they realized...
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Last
$7.88 |
Change
0.045(0.57%) |
Mkt cap ! $5.694B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.90 | $7.78 | $6.542M | 834.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 4045 | $7.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.88 | 4557 | 15 |
View Market Depth
| Last trade - 15.05pm 25/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |