The negative cashflow was based on the short term incentives and currency movements. Otherwise they were predicting a Breakeven half as they are re-engaging paid market spend to grow revenue.
As you say, no guarantee that they can move back to revenue growth, but they have maintained guidance for marketplace revenue roughly at prior year levels. So that should be a sign that management are reasonably confident. Also with noting the next half is usually their smaller half without Christmas and black friday.
The negative cashflow was based on the short term incentives and...
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Last
36.0¢ |
Change
0.020(5.88%) |
Mkt cap ! $101.8M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.5¢ | 35.5¢ | $23.65K | 65.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 3556 | 4 |
View Market Depth
| Last trade - 10.54am 09/05/2024 (20 minute delay) ? |
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Last
37.0¢ |
Change
0.020 ( 2.49 %) |
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| Open | High | Low | Volume | ||
| 36.5¢ | 37.0¢ | 35.5¢ | 11234 | ||
| Last updated 11.23am 09/05/2024 ? | |||||
| ATG (ASX) Chart |