KME
Click for more information
1.56% 31.5¢ kip mcgrath education centres limited

Overall, a great result.Revenue UPEBITDA UPBut......cash...

  1. nash86
    93 Posts.
    lightbulb Created with Sketch. 6
    clock Created with Sketch.
    23/08/22
    17:41
    Post #: 63277161
    Overall, a great result.

    Revenue UP
    EBITDA UP

    But......cash conversion has taken a hit and if I dig deeper into the annual report, I can see why. There seems to be a collection issue with some franchisees not paying on time. This won't bode well for the share price reaction tomorrow morning.

    Let's hope management are on top of collections and this doesnt signal a bigger problem within the business
    KME Price at posting: $1.00 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

THR Thor reports 200% increase in tungsten at NT's Molyhil
right-arrow Created with Sketch.
IMM Immutep targets $100m for lung cancer drug trial tests
right-arrow Created with Sketch.
TLX Telix testing shows efficacy of anti-prostate cancer therapy
right-arrow Created with Sketch.
NEWS Making the best of an inflationary environment
right-arrow Created with Sketch.
EDE Record shale gas and fracking drives demand for Eden's Optiblend in the USA
right-arrow Created with Sketch.
LU7 Lithium Universe inks final layout for Becancour lithium plant as DFS rolls on
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add KME (ASX) to my watchlist
(20min delay)
Last
31.5¢ 		Change
-0.005(1.56%) 		Mkt cap ! $17.90M
Open High Low Value Volume
31.5¢ 31.5¢ 31.5¢ $1.277K 4.054K

Buyers (Bids)

No. Vol. Price($)
2 28170 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 10400 2
View Market Depth
Last trade - 15.26pm 04/06/2024 (20 minute delay) ?
KME (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.