ALC 1.28% 7.7¢ alcidion group limited

Does anyoe know how the gross profit margin of 2020 was (i)26%...

  1. 601 Posts.
    lightbulb Created with Sketch. 122
    Does anyoe know how the gross profit margin of 2020 was (i)26% in the "FY2020 Results Presentation" (dated 9 September 2020)
    https://hotcopper.com.au/data/attachments/5010/5010484-94bbb53d928cea060fe7542b4679bb43.jpg

    But changed to 85.9% in "FY21 Results Investor Presentation" (dated 15 September 2021)

    https://hotcopper.com.au/data/attachments/5010/5010491-96d9b4e6a666ff993c3ba4d867727aea.jpg


    Did we need the narrative to change (high-gross margin business) and therefore shifted the accounting standards accordingly?
    Last edited by maxkieh: 30/01/23
 
watchlist Created with Sketch. Add ALC (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
-0.001(1.28%)
Mkt cap ! $103.3M
Open High Low Value Volume
7.7¢ 7.9¢ 7.6¢ $29.64K 385.5K

Buyers (Bids)

No. Vol. Price($)
1 97300 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 136150 2
View Market Depth
Last trade - 15.59pm 27/08/2024 (20 minute delay) ?
ALC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.