My post was trying to articulate that.....it seems like they have fixed costs of around 24m per annum (although it is hard to see given what they put as cost of sales....that number seems to cover wages too).
if their fixed costs are 20-24m per annum & if their margins are 33%, then they are still losing money on 50m of revenues.
ive only looked at their 1h22 results, so i might have to do a bit more work on fixed costs, but the point is that it does not seem insignificant
Ann: Matrix Awarded New Riser Buoyancy Contract, page-4
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $69.15M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 31.5¢ | $74.14K | 226.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65747 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 8751 | 1 |
View Market Depth
| Last trade - 15.09pm 30/08/2024 (20 minute delay) ? |
| MCE (ASX) Chart |