JAT 0.00% 70.0¢ jatcorp limited

Ann: Appendix 4C - quarterly, page-73

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  1. 2,029 Posts.
    lightbulb Created with Sketch. 269
    Company market cap : 33m
    Quarterly revenue : 5.1m

    Repayments of loan : 1.85m
    Income Tax : 1.87m

    378k invested in upgrading of infrarstructure.

    Look at the year to date for sales / income tax.

    21m sales vs 2.2m tax
    They essentially paid 81% of their yearly tax bill in this quarter. If we change this figure to 25% of the figure they would have paid 550k. This would have made the quarterly much more pleasing.

    Reads rather well to me for a company valued at 33m.
    Oversold again yesterday, patience is the key to this one. Those who hold will be rewarded once the world starts returning to normal.

    Those who struggle to read the entire quarterly will only see face value of sales / losses and will forget about repayments / infrastructure/ tax.

    cheap cheap once again.
 
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