Yep - I am really pleased with this report :) This business is...

Yep - I am really pleased with this report

This business is increasing revenues rapidly (revenues were over $6.4m for the last 6 month period), & it is also "scaling" beautifully as we expected.

Excluding the additional $290K in share based payments for the second half of this year, by my calculations 3DP was very close to being break even in the second half (loss of around $440k only).

The full year loss was $3.09m (of which $1.3m was share based payments) - but they only incurred a loss of around $730k for the second half (including the $290k in share based payments).

And the gross profit margin looks like it is back over 90% - after falling slighly in the 3DP first half results.

That 90% + gross profit margin is going to be a "thing of beauty" as revenues continue to crank up.

The current assets (cash & trade receivables) increased by around $850k over the course of the year - from $6.24m (30/6/21) up to $7.09m (30/6/22).

Obviously with a lot more $ sitting in the receivables at 30 June 2022 - which should lead to some good 4C reports going forward.

Would like to find out more about the $1.36m impairment expense that is showing in the expenses for this year?

But overall I was really pleased with this result.

Now lets see what the market says tomorrow - but think it will be a positive reaction.

Good luck everyone!!