No top line guidance provided for FY24. Perhaps not the same growth can be expected unless they acquire another business.
More CAPEX to be deployed to bolster its fleet? Cash balances are not exactly swelling though so could utilise the asset finance facility.
Long term debt repayments appear to be easily manageable.
Or do they go for better utilisation of their existing fleet?
Marketing? Trade Shows? Event sponsorships?
They are in the right space and plenty of work out there still as a picks and shovels type of play.
I would like to hear/see more about what their plans are for FY24, appreciate giving guidance is not an obligation but let's hear some more about the clear execution strategy.
Wolf
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- Ann: FY23 Results Commentary
Ann: FY23 Results Commentary, page-2
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