So was trying to find an explanation for PTL back at 39c.
If my figures are correct HwB only had $7m in revenue in H2, the risk is that there will be some mean reversion back towards pre-pandemic.
HwB Sales
2020 - 15m
2021 - 24m
2022 - 37m
Some speculation -
My analytics for their search and website suggests the weakness in H2 is continuing so if they were to revert to more of a pre-pandemic trendline they could do 20m in sales which would be about a -2.5m NPAT segment decline and would create a PTL pro-forma NPAT of $5.5m for 2023 valuing PTL at 12x.
Ann: Pental delivers strong profit growth in FY22, page-22
Add PTL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $34.09M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $72.13K | 361.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66743 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 54958 | 1 |
View Market Depth
| Last trade - 15.55pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
20.0¢ |
Change
0.005 ( 2.56 %) |
||||
| Open | High | Low | Volume | ||
| 20.0¢ | 20.0¢ | 19.5¢ | 75535 | ||
| Last updated 12.40pm 29/05/2024 ? | |||||
| PTL (ASX) Chart |