well smack bang within guidance they provided on 31st Oct and reiterated on 3rd Dec, but hard to see how you get from $17m in 1H25 to $42m in for FY25 (a 25m 2H does not seem achievable based on that backlog)
what is also incredibly grating is indicating the backlog of 7.6m includes multi-year recurring revenues.....why not say we have $X of contracts in backlog and a further $2.4m in annual recurring so we can actually see how big the backlog is
anyway, EBITDA positive for 1H......does that mean they pay a dividend....lol!!
Frankly Illuminate & Access need to go because they add nothing to the bottom line and their clients would be just as happy with a 3rd party provider for that hardware (I mean that is all it is........hardware with minimal margin!)
And as Hamish indicated.....no mention of Telstra, so what someone alluded to in a different post/thread....it looks like those trials have gone no-where (& seemingly time, effort and money thrown into another highly spruiked initiative that delivers nothing to shareholders!!)
Add to My Watchlist
What is My Watchlist?
