When the cash burn is the market cap p.a. its a bit of a red flag. $2mill of share based payments in FY21 and $2.1mill in FY22 is interesting given the SP decline. Margins in FY22 are worse than FY21 even though revenue was up 99% YoY.
Proof of margins will be the re-rate here, otherwise there will be plenty more dilution on the way.
Ann: FY22 Results - Investor Presentation, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add X2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.39M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31775 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 32193 | 1 |
View Market Depth
| Last trade - 10.09am 12/07/2024 (20 minute delay) ? |
| X2M (ASX) Chart |
Day chart unavailable