25% and $10m down on revenue, with a $5.5m loss. Audinate announced last week record sales growth and profits.
I watched the webinar and they highlighted stable 26% gross margins, I don't see this as something to highlight as 26% for a manufacturer is extremely low. Audinate are working on more than 70%.
They give no guidance, no metrics, no way to measure this company at all. The closest we got was at the end of the webinar they said we are 99% towards the budget for first 2 months of FY24'. But what's the budget based on? Assuming it's a revised down number based on the 25% revenue dip from last FY so in that context might also be bad news?
I'm in at 65cents and can't see a way back based on results delivered. I'm losing all confidence in birddog. Am I missing something? Anyone got a better take on this than I do?
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6.8¢ |
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Mkt cap ! $10.98M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500000 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 27008 | 1 |
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| Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
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