As someone that believes in the company, this is quite ugly.
- Revenue down 75.98% from 106,180,000 last FY to 47,712,000 this FY.
- Cost of sales falls by only 24.65%
- Administrative costs have risen by 15.82%
- Total loss before income has accelerated by nearly 300% from 26.402,000 last FY to 70,058 this FY.
- Total loss after income has almost tripled from 26,845,000 last FY to 85,280,000 this FY.
Final accounts show a total loss all accounted for at 89,182,000 current financial year vs 33,862 previous FY - and EPS standing at (13.02c) vs (4.95c) FY 22.
When we look at current liabilities, an eyesore is the CURRENT liability of 279,922,000 in the borrowings column in a high interest rate environment on a low margin business.
This is partially offset by a 151,000,000 increase in property, plant and equipment (I assume this is Vadalia plant for the most part as a separate line accomodates mining assets for Balama).
Liabilities have almost tripled this past FY, whilst assets have fallen by 19.3%
- Forums
- ASX - By Stock
- Ann: 31 December 2023 Annual Report
As someone that believes in the company, this is quite ugly.-...
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $441.3M |
Open | High | Low | Value | Volume |
53.5¢ | 53.5¢ | 51.5¢ | $1.648M | 3.142M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 130445 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 42538 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 130445 | 0.515 |
8 | 253951 | 0.510 |
1 | 20000 | 0.505 |
4 | 40092 | 0.500 |
5 | 166640 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 2538 | 1 |
0.535 | 41000 | 3 |
0.540 | 122475 | 5 |
0.545 | 217000 | 2 |
0.550 | 141509 | 8 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
52.0¢ |
  |
Change
-0.010 ( 2.09 %) |
|||
Open | High | Low | Volume | ||
53.5¢ | 53.5¢ | 51.8¢ | 877504 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
SYR (ASX) Chart |