In fact, it is the business mix which may explain the margin decrease during Q3.
Growth was driven by the water technologies division during Q3 (+ 131 %), while this division had an EBITDA loss during H1 24.
Looking into more details, it seems that it is mainly Q3 which was a one off. Q4 margin of 7 % is in line with H1 24, when EBITDA margin was 6.4 %.
Good to see also that their cash flow from operation during Q4 was again very similar to EBITDA.
Ann: June 2024 Quarterly Report / Appendix 4C, page-7
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Last
59.0¢ |
Change
-0.040(6.35%) |
Mkt cap ! $111.9M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.0¢ | 59.0¢ | $111.4K | 186.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8341 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 5699 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SDV (ASX) Chart |