CG1 1.43% 7.1¢ carbonxt group limited

FY21 guidance:• 40%+ revenue growth• 35%+ gross profit margin•...

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    FY21 guidance:
    • 40%+ revenue growth
    • 35%+ gross profit margin
    • FY21 growth expected to be driven by:
    • Power plant activity returning to pre COVID-19 lockdown levels
    • New Pellet business lines:
    • Pelletising for other major AC players
    • Two new Pellet contracts signed in June are expected to
    contribute materially to FY21 revenue
    • Launch of new Pellet products for removal of phosphate and other
    nutrient contaminants from water
    • Strong margin expansion expected in FY21, driven by:
    • Higher margin new Pellet business line (gross margin increase to 40%)
    • Higher plant utilization
    • Elimination of reliance on third party input materials
    • Expecting to be profitable and cashflow positive from 2QFY21

    yep, sure
 
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