BMT 4.26% 22.5¢ beamtree holdings limited

Ann: Q1 FY24 Trading Update, page-9

  1. 473 Posts.
    lightbulb Created with Sketch. 78
    There seems little more BMT can do than continue to achieve their targets on the path to the lofty goal of $60M revenue by the end of 2026. And that, they are so far doing.

    Pleased to read; "... carefully managing its cost base" and "... remains on track to delivering an operational profit in FY24".

    Obviously if the revenue momentum continues the share price will look after itself. Reading the Update gives me continued confidence that there are plenty of irons in the fire, levers to pull (choose your preferred hackneyed phrase) that will help them reach the 2026 goal.

    The forecast has certainly put a target on managements backs. Hopefully we are patting them on the back for achieving the forecast and not aiming at the bullseye at the end of 2026.
    Last edited by alnby: 28/10/23
 
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