IPD 0.00% 8.0¢ impedimed limited

In my opinion it doesn't read great at all, hence why they left...

  1. 31 Posts.
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    In my opinion it doesn't read great at all, hence why they left it to an after market release.

    Staff Costs have almost doubled and administration costs almost tripled. Sales are up minimally, they are using the previous corresponding period as opposed to the previous quarter. We were up 71% in FY22, now just border lining 10% in 12 Months.

    June Quarterly -
    Related Parties: During the quarter, the Company Directors received a combination ofcash remuneration, as well as issued shares as equity-based remuneration in lieu ofcash, as described in Item 6 of the Appendix 4C.
    • These payments to directors consisted of cash payments of $54,000 as well as$75,000 in Directors’ fees accrued and unpaid at 30 June 2022 related to equity-basedremuneration.

    September Quarterly -
    Related Parties: During the quarter, the Company Directors received a combination ofcash remuneration, as well as issued shares as equity-based remuneration in lieu ofcash, as described in Item 6 of the Appendix 4C.
    • These payments to directors consisted of cash payments of $59,000 as well as$88,000 in Directors’ fees accrued and unpaid at 30 September 2022 related to equity based remuneration.

    I understand market metrics but they are bleeding the bank dry and will continue doing so with sentiment's that read "Q2 FY’23 will contain some additional one-time fees related to measured costcontrols, but then will move below $(3.0) million per quarter for the 2nd HalfFY’23"

    They used that line previously, but lets keep moving the goals, and just keep adding on extra "One time fees" each quarter.

    Not down ramping, as i believe they have something great, but the averages just don't add up - they aren't setting themselves up for sustainability.

    Was hoping to get back in soon, but under these global conditions, however they need a tighter leashes than whats being displayed.
 
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