Whilst the year is ok-ish it is the second half that is the concern. Sales drop off is significant and there is no real hint in the presentation that the outlook is any different.
And compare the two order books as per their Announcements in 2022 and now 2024:
Preliminary Final report - 28 February 2024 "Firm international orders of 2,401 units as at 31 December 2023, for delivery in the 1Q24;
with
Vmoto’s 4Q21 Market Update - 31 January 2021 - "Firm international orders of 12,488 units as at 31 December 2021, providing a very solid runway for FY22 sales"
Ann: Preliminary Final Report, page-36
Add VMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.72M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $87.02K | 600.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 180000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 966663 | 7 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
14.8¢ |
Change
0.000 ( 1.67 %) |
||||
| Open | High | Low | Volume | ||
| 14.5¢ | 14.8¢ | 14.5¢ | 53320 | ||
| Last updated 15.34pm 14/06/2024 ? | |||||
| VMT (ASX) Chart |