EVS envirosuite limited

Ann: Half Yearly Report and Accounts, page-5

  1. 5,426 Posts.
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    pretty mediocre. Good to see new arr for q3 and q4 ramping up. Adjusted ebitda (which excludes the 2mil pa run rate share phased payments as well as capitalised r&d) positive q4... well they better hope so. I don’t imagine they’ll want to drop below 4-5mil cash. They’ll be cutting it fine to make cash flow breakeven though, and I can’t imagine the market will re rate this higher until the threat of more dilution abates.

    still think this will be a long term winner, but the path there could be rocky.

    anyone know much about the new ceo?
 
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