I mentioned in the full year results last year about how NXT had...

I mentioned in the full year results last year about how NXT had reached an inflection point and that every dollar increase in revenue now goes basically to the bottom line. Consider the following:

Revenue grew by 39%, but but EBITDA grew by 110%
Revenue grew by 39%, but FCF grew by 430%
Revenue grew by 39%, but FCF as a % of revenue grew by 43%
Revenue grew by 39%, by NOPAT grew by 1,333%

BUT,
I am not expecting this result to repeat for H2 FY17 and H1 FY18 due to the fact that there is very little capacity left in the facilities (M1, S1 and B1 are almost all full). the only caveat to this is if NXT wins customers for P1 and C1, as both these facilities are still the "runts of the litter."

BUT
H2 FY18 and FY19 will see another step change in growth.

Overall, this is a great result.

HT1