Half Year
Mkt cap $24 mill
Rev up 39.5% to $54.521 mill
NPAT up 44.7% to $6.543 mill NPAT Margin 12% up 3.4%from 11.6%
NTA 31c from 28c
EBITDA$14.535 mill up 42.3% margin 26.7% up 2.3%
DEPN and AMORT $5.469 mill up 29.8%
Finance costs $1.662 mill up 12.3%
TAX 861 thousand up 100%
Free Cash Flow -$415,000 92.9% improvement
Net Debt $46.683 mill increased by 0.5%
New Hire Purchase Debt via New Hughes Equipment Hire division $4.5 mill with remainder from cash flow.
TOTAL LIABILITIES $73.436mill up from $67.726mill DISSAPOINTING, When are these guys going to stop spending? Other than that ,good. Rerate ?
HDX Price at posting:
11.0¢ Sentiment: None Disclosure: Held
