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1.82% 5.6¢ advanced braking technology ltd

Couple of quick takeouts: - revenue up 44% (to $7.6m) and...

  1. Mr_Cod
    2,829 Posts.
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    08/08/17
    09:53
    Post #: 26354643
    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.
    ABV Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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