Even those who like me are not accountants and who specialise in...

Even those who like me are not accountants and who specialise in prose rather than numeracy can appreciate this result is pretty darn good.

Particularly pleasing to observe 'no debt', rising margins and a continuing good outlook.

Stating on page 10 that IPG sold '65 EV charges' may be a very clever pun, but one suspects it means '...chargers'.

While so-called 'renewables' have limited life with many components manufactured in authoritarian Marxist mainland China, and renewables are only successful due to large taxpayer subsidies, IPG is exposed to this area that continues to grow.

If this company can manage its costs (not always easy, especially if hubris takes over) and gradually continue to grow revenue and NPAT, it could well within two to three years be trading at A$1.70-2.00 rather than in the A$1.20-1.38 range.