@suddsy1919 D&A last year was $1.7m. So $9m of EBITDA next year becomes maybe $7.7m of EBIT and around $6m of NPAT (depending on tax offsets).
In FY17 they had $0.8m of D&A and a tax benefit (rather than an expense) so $8.8m of EBITDA was $8m of EBIT but $9m of NPAT so your point is well made.
In terms of price targets $3 in 2017 is probably more like $2 in 2025 for a comperable level of EBITDA.
As an aside does anyone know why ADA pays tax when they have $36m of accumulated losses?
- Forums
- ASX - By Stock
- Ann: Appendix 4D and Half Year Report for period ended 31 Dec 23
@suddsy1919 D&A last year was $1.7m. So $9m of EBITDA next year...
-
- There are more pages in this discussion • 2 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 ADA (ASX) to my watchlist
(20min delay)
|
|||||
Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.82M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20974 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 1818 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20974 | 0.480 |
2 | 66890 | 0.470 |
2 | 57 | 0.450 |
1 | 12500 | 0.440 |
1 | 10000 | 0.430 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 1818 | 2 |
0.510 | 20152 | 3 |
0.515 | 11886 | 2 |
0.520 | 1277 | 1 |
0.530 | 2400 | 2 |
Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
Featured News
ADA (ASX) Chart |
Day chart unavailable