ABV 1.45% 7.0¢ advanced braking technology ltd

Ann: Preliminary Final Report - FY17, page-2

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    lightbulb Created with Sketch. 593
    Couple of quick takeouts:

    - revenue up 44% (to $7.6m) and expectations for similar increase in 17/18
    - cost of sales up 64% (without explanation) possibly indicating acceptance of lower margins
    - other expenses slightly down in percentage terms
    - Q4 positive EBITDA

    Good report and hopefully the final one gives an explanation on lower gross margins.
 
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