I guess it is important to see where & how growth will come from.
LBL has 2 main divisions (Services & Products) & so far a small Technology division that has been erratic but can grow to a decent size at a steady run rate of $3-4m PA (including growing recurring lisence fees & consumables)
# Acquisition will only be required to grow the Services division .....$10m acquisition in WA + a modest organic growth "should" add $6-7m revenue growth in 2025......Let's hope it is another QSP not a Peachy's Engineering disaster of 2008.
# Products has been growing purely organically at CAGR of 18% since 2019.......There is large scope to grow Pruducts organically by establishing a facility in the US with leased floor space & leased equipments which will not be a huge outlay. LBL has its customers there, that will likely significantly increase by being near their major market......I believe that this division has the best growth prospects by far.
# Technology Division growth will be purely organic.
I have to say it is more important to restore Products Division historical EBITDA margin of 30%
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Last
70.5¢ |
Change
0.005(0.71%) |
Mkt cap ! $81.14M |
Open | High | Low | Value | Volume |
70.0¢ | 71.0¢ | 69.5¢ | $49.85K | 71.33K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 3368 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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71.0¢ | 10792 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 3368 | 0.700 |
1 | 1346 | 0.695 |
3 | 18776 | 0.690 |
1 | 15257 | 0.680 |
2 | 7050 | 0.675 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 10792 | 1 |
0.720 | 52852 | 2 |
0.730 | 9678 | 1 |
0.745 | 1102 | 1 |
0.750 | 6634 | 5 |
Last trade - 12.35pm 29/07/2024 (20 minute delay) ? |
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