Anyone know if ABB is generating profits now?
It's a bit hard to be sure without seeing the formal results. Last years normalized EBITDA was around $19m and this year the reported EBITDA is around $38m, so it's doubled. Last year a $19m EBITDA delivered a small statutory loss of around $4m so it's possible that the 2022 normalized result will be positive. It depends upon the amount of abnormal costs that result from the OTW purchase. Although these would probably be considered as abnormal, they still effect the statutory profit.
Ann: 4Q FY22 Trading Update, page-11
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Last
$3.52 |
Change
0.010(0.28%) |
Mkt cap ! $1.034B | |||
| Open | High | Low | Value | Volume |
| $3.52 | $3.56 | $3.46 | $1.148M | 328.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 11031 | $3.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.52 | 6236 | 6 |
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| Last trade - 14.00pm 21/06/2024 (20 minute delay) ? |
| ABB (ASX) Chart |