FLC fluence corporation limited
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I noticed that guidance for 2024 forecast an EDITDA of $3.5-4.0M...

  1. vango
    838 Posts.
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    31/01/24
    12:10
    Post #: 72156584
    I noticed that guidance for 2024 forecast an EDITDA of $3.5-4.0M but during the webcast Ben estimated that the net profit would be break-even. Some critics, including Warren Buffett, call EBITDA meaningless because it omits depreciation and capital costs.

    Nevertheless, as guidance is based on current orders, I guess we can expect the figure to be conservative and will be boosted by additional work booked throughout the current year. Certainly the most positive 4C in a long time and it seems we are now heading in the right direction.
    FLC Price at posting: 14.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.4¢ 		Change
-0.002(5.56%) 		Mkt cap ! $36.75M
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