Ann: FY20 Results Presentation, page-31

Most interesting to me is that the company seems to be ebitda profitable RIGHT NOW.

From April presso they were H1 ebitda of minus 2.2 mill. For full year they are ebitda of minus 2.4. That tells me they have 'lost' only 200k for the Jan to Jun period. Of course the beginning of the H2 was not profitable at all. Which tells me the last couple of months Atomo is very, very profitable - bottom line - month by month.

So, we have a PROFITABLE + growth + Aussie manufacturing story. And it seems the supply chains are in jurisdictions that dont have political risk.

And, I did say prior the MARGINS were of particular interest... and they have gone from 42% (H1 FY20) to 60% (full year). This actually tells you the margins for the H2 FY20 are above 60% as they 'average' for the year is 60%. Given the $ revenue increase from H1 to H2 (.937 mill to 4.4 mill) you can get out our protractor / slide rules (or calculator if you are all new age) and work out... (.937 * 42%) + (4.4 * 'x') = 3.19... and solve for 'x'

Actually easier to do just for H2... sales 4.4 mill.... gross profit... 2.797 mill, therefore margin for H2 was 63.5%.

I wont do it now, but since we have sales and margins and base line contracts one can likely 'project' the bottom FY21 guidance. And it is certainly quite profitable. Let us hope "the future is good for Atomo and Atmomo is good for the future". (oh, a new motto!)