ZGL 1.14% 8.7¢ zicom group limited

A great result! Excellent to see Zicom surfacing into...

  1. 851 Posts.
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    A great result! Excellent to see Zicom surfacing into profitability and beyond.

    • Revenue up 26% (despite still having the drain of the now de-merged med tech company during the year)
    • Net profits after tax are expected to improve by 109%!
    • Profit of $1-2 million this year versus $10 million loss in previous year (mostly due to now de-merged med-tech company)
    • Contracts already in the pipeline for the next 2 years worth $96 million (vs $37 million in previous year)

    Couldn't ask for a better turnaround for the business. I'm hoping that the market reflects this in the coming days.
 
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Last trade - 14.36pm 29/07/2024 (20 minute delay) ?
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