They won’t be paying dividends for at least another 5-8 years. In a fast moving environment like this, falling 1-2 years behind the competition is risking closing shop, if not a decade of hardship. I’d be surprised if became cash flow positive (sustainably) within 2 or 3 years. Growth will be slow unless they pivot to a unique niche of services. Currently competition is huge in their niche, and APX is at risk of being deemed obsolete.
Ann: Customer update and FY23 preliminary results, page-395
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 49.5¢ | 47.0¢ | $674.7K | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 98104 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 300 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |