Two reasons:
- Growth Rate: 3m to 50m in 2 years
(+ growing / FY23 = 100m)
- Margins improving: EBITDA+ breakthrough
(8m loss due to reinvestment in growth / revenue lags behind cash receipts. If the company kept a steady revenue, there would've been +cashflow quarters but no growth)
The growth occurred notwithstanding the withdrawal of SuperCubes products and lockdown disruptions. Imagine without this...
Kudos to TEP.
Two reasons:- Growth Rate: 3m to 50m in 2 years(+ growing / FY23...
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Mkt cap ! $2.805M | |||
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