Australia's largest stock trading and investment forum Australia's #1 stock forum

A2M

Click for more information

3.86%

$6.72 the a2 milk company limited

Not sure about others but to me it's seemed a heavy lift for...

First 14 Last

Share
Profile

Follow
werdplaya58

4,042 Posts.

1767

19/02/24

08:38

Post #: 72476186
Share

Originally posted by Winniethepoo: ↑

Looks like most things heading in right direction with most earnings metrics growing and FY24 outlook slightly stronger.

Main negative seems to be delay in the medium term revenue outlook.

"Achieving the Company’s medium-term revenue ambition of ~$2 billion by FY26 would require an additional ~$380 million in revenue growth on CY23 over the next 2.5 years. This growth would represent a compound annual growth rate of approximately 9% with higher growth required in FY25 and FY26 based on the Company’s revenue guidance for FY24 which is low-to-mid singledigit percent growth (refer FY24 Outlook below).

Whilst it remains possible for the Company to achieve its medium-term revenue ambition of ~$2 billion by FY26, at this stage it is likely to be achieved by FY27 or later. The Company continues to target EBITDA margins in the ‘teens’ with year-on-year improvement"

Are most people already assuming that $2bn revenue in FY26 number would not be met?

Expand

Not sure about others but to me it's seemed a heavy lift for awhile now. I think it was set in 2021.

The interesting thing is that I think management's long-term incentives were tied to revenue and EPS targets aligned with the $2B.

Last edited by werdplaya58: 19/02/24

A2M Price at posting: $5.05 Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 58 more messages in this thread...

First 14 Last

Add A2M (ASX) to my watchlist

(20min delay)
Last $6.72		Change -0.270(3.86%)		Mkt cap ! $4.858B

Open	High	Low	Value	Volume
$6.96	$6.98	$6.63	$20.41M	3.023M

Buyers (Bids)

No.	Vol.	Price($)
4	50927	$6.70

Sellers (Offers)

Price($)	Vol.	No.
$6.72	11848	3

View Market Depth

No.	Vol.	Price($)
1	750	6.670
4	53150	6.660
2	3391	6.650
2	22565	6.640
3	7272	6.630

Price($)	Vol.	No.
6.720	500	1
6.730	1011	1
6.760	4408	1
6.780	10000	1
6.800	80	1

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last $6.67			Change -0.270 ( 4.62 %)
Open	High		Low	Volume
$6.97	$6.98		$6.63	1304757
Last updated 15.59pm 17/06/2024 ?

A2M (ASX) Chart

SPONSORED BY