Ann: FY22 Guidance Update and Management Changes, page-7

This is actually hilarious, I wonder if Dickie himself wrote it:


What turnaround, the turnaround of the company from 60 cents to 16 cents?? Oh but don't worry, they're going to focus on MARGINS now! You know, like, making a profit and stuff? What a brilliant idea!


Hey look everyone, 75% of our projects are making money - but we can't show you the two worst ones, because they don't even fit on the scale!
I love how they talk about contract size and then proceed to omit any detail, making the graph totally useless. Are the highest margins on the largest contracts or the smallest contracts? Are the highest margins on the projects that are nearly complete or the ones that they have barely started and are still sitting at the tendered margin? I think we can guess the answers.