Share
11,620 Posts.
lightbulb Created with Sketch. 817
clock Created with Sketch. 23/05/23
10:43
Share
Originally posted by madamswer
↑
While PBT and NPAT growth of 24% appears impressive, the quality of this result is not quite there with this result given they booked a $7.4m reversal of a contingent consideration - a meaningful number in the context of PBT of $52.7m. On the other hand, they invested around half of that back in to additional Marketing, so the true net NRIs can be argued to be around $4m.
Expand
Look at appendix F - there is also a derecognition of acquired intangible assets for net 0.6m PBT
(20min delay)