• Guidance for FY24 revenue of $500M+ and EBITDA to match FY23 (which was $38.2M) is unchanged. Argonaut current FY24 forecasts in line with revenue $515M and EBITDA $38.0M.
• EBITDA of $17.1M was 5% below out thinking but reiteration of full year guidance implies 2H24 EBITDA of $21 m or 23% above the 1H on a stronger margin
• Balance sheet remains solid and supports inorganic growth opportunities
• Long-term outlook very positive
Market did not like it, but seems ok to me.
• Guidance for FY24 revenue of $500M+ and EBITDA to match FY23...
Add SXE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.48 |
Change
0.255(20.8%) |
Mkt cap ! $386.9M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.41 | $4.885M | 3.325M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21500 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 56532 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.48 |
Change
0.255 ( 19.4 %) |
||||
| Open | High | Low | Volume | ||
| $1.55 | $1.55 | $1.43 | 385560 | ||
| Last updated 15.58pm 06/05/2024 ? | |||||
| SXE (ASX) Chart |