RPM 0.00% 6.3¢ rpm automotive group limited

Ann: Market update for the quarter ended 31 March 2021, page-2

  1. 1,739 Posts.
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    Congrats RPM! Those are some phenomenal growth rates. Great chart showing the FY21 -FY20 comparison

    https://hotcopper.com.au/data/attachments/3143/3143234-0a7703caba0f05a0380a8844a04f6915.jpg

    looks like RPM is well on track for $50m revenue in FY21 as they previously forecast. At 45c per share that's only 1x FY21 revenue.

    I think they will be able to maintain an attractive growth rate for the foreseeable future given the auto industry is booming. At 59% YoY growth, that means they'll be pushing over $20m per quarter in sales soon.

    Serious re-rate coming IMO
 
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