Ann: LaserBond FY23 Performance Summary, page-3

  1. 35,530 Posts.
    lightbulb Created with Sketch. 2283
    yes apart from the positive KPIs , on the income statement; on the balance sheet most of the liabilities shown ie cc $8M are for hire purchase and building leases that have to be guaranteed by the company for the life of the lease, (due to the accounting rules that came in in around 2007) which I presume have increased with the new facilities leased in Melbourne and QLD .
    They were very close to hitting the 40M in revenue they forecasted a few years back ,decent profit margin however more than compensates IMHO
    Tentacles spreading out to a beachhead in the USA is on the cards to .
    Last edited by plough: 24/08/23
 
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