PPH 0.00% $1.32 pushpay holdings limited

That group should be called Wall Street Simpletons. Yes profit...

  1. 667 Posts.
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    That group should be called Wall Street Simpletons. Yes profit went backwards if you don't adjust for a one-off tax and R&D adjustment that totaled 100% of their profit.

    "The previous financial year included a one-time benefit arising from previously unrecognised tax losses and deferred research and development expenditure of US$20.9 million, which contributed to the net gain of US$18.8 million"

    Adjust for that and a $2m loss became a 16m profit - looks like good growth to me. Never mind that EBITDAF grew >1500% last year and is expected to more than double this year. I'll take that.
 
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