PbT m 2017 2018 2019 2020 2021 2022 2023 2024 1 1Q 7.5 9.2 13.5 18.4 19.4 23.8 25.9 24.6 2 2Q 11.9 12.2 18.7 21.6 25.6 27.2 28.1 3 3Q 10.3 12.8 15.2 18.8 31.6 25.7 30.7 4 4Q 10.4 12.0 16.2 23.1 28.5 28.1 31.3 5 FY 40.2 46.2 63.6 81.9 105.1 104.8 116.0 6 7 Share 2017 2018 2019 2020 2021 2022 2023 Average 8 1Q 18.7% 19.9% 21.2% 22.5% 18.5% 22.7% 22.3% 20.8% 9 2Q 29.7% 26.3% 29.4% 26.4% 24.4% 26.0% 24.2% 26.6% 10 3Q 25.6% 27.8% 23.9% 23.0% 30.1% 24.5% 26.5% 25.9% 11 4Q 26.0% 26.0% 25.5% 28.2% 27.1% 26.8% 27.0% 26.6% 12 FY 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
The instant asset write-off resulted in a decent uplift to 2Q results prior to covid, but since 2020 and the supply chain issues, it's been more muted.
That write-off is still available, but I do wonder how pronounced the demand with be for an AI enabled PC outside of those early adopters (i.e. is it really a mass market thing and especially for big business who have yet to work out how they are going to leverage those tools in the workplace).
Either way, we are just spending more on hardware, software and as long as DDR manage their balance sheet and continue to maintain & win market share, it seems like they can continue to grow
Quite a painful week, but I'll take my ~5% dividend yield (7% fully franked) and see how the rest of the year pans out.......they need to continue to increase PAT else that dividend is looking a little close to the edge
Add DDR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.14 |
Change
-0.230(2.22%) |
Mkt cap ! $1.836B | |||
| Open | High | Low | Value | Volume |
| $9.99 | $10.26 | $9.91 | $195.5K | 19.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 6988 | $10.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.15 | 440 | 28 |
View Market Depth
| Last trade - 11.58am 15/08/2024 (20 minute delay) ? |
| DDR (ASX) Chart |