Positives:
- NPAT within guidance
- No further downgrade
- Cash balance is still very strong. Less likelihood of shareholder dilution.
- 2H21 had reasonable momentum/rebound
- Dividend wasnt cut/reduced
Negatives
- Group revenue down 11%2, EBITDA3 down 15%2, and adjustedNPATdown19%2. Group EBITDAmargin3 down to 20%
- Still uncertainty with outlook due to covid.
- CEO transiton
- overall report feels a little underwhelming.
really hard to anticipate what happens today and short term. I guess more downside, then up.
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- Ann: FY21 Results Announcement
Ann: FY21 Results Announcement, page-10
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