EVS envirosuite limited

I am struggling to keep up with these announcements. Each...

  1. 172 Posts.
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    I am struggling to keep up with these announcements. Each quarter the sales come out but it never matches the ASX listing requirements. The annual recurring rev in the annual report never matches the ARR-can someone explain to me? There is always a difference of several million dollars. Happy for the numbers to be qual'd (all taken from their reports).

    https://hotcopper.com.au/data/attachments/5216/5216374-eef4529ad142bf094242d4571a8bd8c4.jpg

    There is no real sales growth, it is always around the ~$2mn mark which with sales growth means new sales as a percentage is declining. It is lower than inflation at the moment. Finally there is a constant drum of EBITDA positive, they've already been there, they are just not getting the costs under control. This is from their annual report. I agree with Maverick and Numis and I think the major shareholders are speaking based on the volumes.....time for the BOD to move on.

    https://hotcopper.com.au/data/attachments/5216/5216391-f84268d5b4cda14b3f4960d3839a68c1.jpg



 
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