RFT 0.00% 0.8¢ rectifier technologies ltd

Tritium revenue for FY19 was 61 m which is forecasted to grow to...

  1. 211 Posts.
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    Tritium revenue for FY19 was 61 m which is forecasted to grow to 100 m this FY, selling and servicing EV changing stations.

    RFT's revenue grew whopping 140% to 18.9m in FY 19. If RFT is to grow another 10 m revenue this FY, i.e. around 50% of FY19 ( reasonable with growth tailwind + new 11kW home charger sale), considering FY19 PBT to Revenue ratio, FY20 PBT comes to 5.11 m, NPAT around 3.577 m. At current SP of 0.06 forward PE is around 22. Cheap imo. I will buy more at this price, DYOR. Just at forward PE 30, SP comes around 0.08.
 
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