MYX mayne pharma group limited

Ann: 2019 Full Year Results Media Release, page-3

  1. 1,192 Posts.
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    I don't see how to interpret these results. In a way, -1% revenue is better than the -3% that was being suggested in the market update. I think bad news factored in.

    The one thing I can't work out, is when you add back the write down, do we still have a statutory loss!!? That is bad bad bad. The 'Reported Gross Profit' and 'Reported Net Loss' figures confuse me. What is a Gross Profit!?

    Seemingly positive outlook without any numbers.

    At least they paid down some debt.

    I am not selling into this as I think bad news has been factored, and might consider adding if I can understand these accounts.
 
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