Yes looks like margins have dropped again, which is probably why they have shown EBITDA (I don't recall them doing this prior to Jun22 so I think it is impacting them)
I suspect that its a combination of the businesses they purchased : (a) lower margin - in and in the case of HIL looks like it may not have been profitable, and (b) the amortisation and perhaps even the interest related to the higher loans/working capital needed to run the business
Margins were last at this level in 2018, and I'm sure it will come back especially if they are executing on the acquired businesses.....and the update seems to suggest that improving on all metrics
Ann: Q3 2022 Market Update, page-7
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DDR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.47 |
Change
0.060(0.58%) |
Mkt cap ! $1.888B | |||
| Open | High | Low | Value | Volume |
| $10.44 | $10.57 | $10.37 | $1.324M | 126.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 847 | $10.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.47 | 332 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| DDR (ASX) Chart |