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1.06% 9.5¢ atlas pearls ltd

Ann: Funding and Company Update June 2021, page-2

  1. numantu
    421 Posts.
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    24/06/21
    17:46
    Post #: 54051037
    Starting to think Atlas has turned the corner.

    •85% increase in volume of harvested pearls since 2015
    •25% increase in YOY revenue with "stable costs" would see majority of $3.4m flow thru to profit.

    The last box to tick would be to see a significant turnaround in size & marketable grade % in this year’s annual report.

    Annual Report : FY20 vs FY13
    •Average Pearl Size (Momme) – down 35%
    •Marketable Grade % - down 43%
    https://hotcopper.com.au/data/attachments/3297/3297965-77138d5a8673315e08410d405795260f.jpg

    ATP Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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