AIM 0.00% 30.5¢ ai-media technologies limited

The statutory numbers paints a negative NPAT number, but when...

  1. 255 Posts.
    lightbulb Created with Sketch. 72
    The statutory numbers paints a negative NPAT number, but when you look under the covers it's profitable right now.

    Take the 1H FY24 results just past. Amortisation costs were $1.8m. $1.05m was the amortisation of IP, contracts and software from previous acquisitions. And $0.75m was for capitalised development costs.

    The company only capitalised $0.25m of development costs in the half, so $1.55m of the amortisation costs were related to past acquisitions and historically higher levels of capitalised development. One can make the case that EBIT/PBT/NPAT at the current run-rate of the business are understated by $1.55m.

    This is how I see the business. It's profitable and free cashflow positive right now. It's only historic items - acquisitions and higher levels of capex - that are painting statutory NPAT into the red.
 
watchlist Created with Sketch. Add AIM (ASX) to my watchlist
(20min delay)
Last
30.5¢
Change
0.000(0.00%)
Mkt cap ! $63.68M
Open High Low Value Volume
30.5¢ 30.5¢ 29.0¢ $120.2K 397.9K

Buyers (Bids)

No. Vol. Price($)
4 101272 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 90796 4
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
29.5¢
  Change
0.000 ( 3.28 %)
Open High Low Volume
30.0¢ 30.5¢ 29.5¢ 30516
Last updated 15.56pm 17/06/2024 ?
AIM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.