There seems to be a bit of confusion around the Mocka earn-out payments.
The ~$45m is due to be paid in Sep. It has been provisioned and sits in the balance sheet at 30 June, you can see this in the balance sheet reconciliation in Mark’s pres.
It increased by ~$10m from Dec 20 to Jun 21 due to the performance and the pull forward negotiation, in order that Mark & Ash could make the management and IT platform investment that is necessary to sustain Mocka’s trajectory.
This ~$10m was expensed thru the P&L this period, which accounts for the difference in stat EBIT and “Underlying EBIT”
This is very good news for shareholders, even though at a simple read it might seem that some of the gloss had come off.
- Forums
- ASX - By Stock
- Ann: ADH FY2021 Results Announcement
There seems to be a bit of confusion around the Mocka earn-out...
-
- There are more pages in this discussion • 8 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 ADH (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.82 |
Change
0.033(1.82%) |
Mkt cap ! $316.1M |
Open | High | Low | Value | Volume |
$1.78 | $1.83 | $1.75 | $562.5K | 312.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4942 | $1.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.83 | 1492 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 9876 | 1.810 |
12 | 7117 | 1.805 |
13 | 20995 | 1.800 |
11 | 17091 | 1.795 |
10 | 36612 | 1.790 |
Price($) | Vol. | No. |
---|---|---|
1.815 | 10211 | 10 |
1.820 | 42975 | 11 |
1.825 | 8966 | 8 |
1.830 | 9477 | 9 |
1.835 | 7484 | 8 |
Last trade - 15.04pm 18/09/2024 (20 minute delay) ? |
Featured News
ADH (ASX) Chart |