EZZ 1.67% $1.18 ezz life science holdings limited

The key themes I am seeing here in the unaudited quarterly...

  1. 262 Posts.
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    The key themes I am seeing here in the unaudited quarterly reports:
    • Revenue is climbing steadily q on q, with a 16% rise between March and June quarters
    • Manufacturing is the largest expense and steady at just under $2M per quarter over the past FY
    • Advertising has only jumped up in the past q, but was actually dropping between Q1FY22 and Q3FY22 whilst simulataneously revenue was climbing
    • Advertising could be slashed if there isn't a corresponding increase in revenue in Q1FY23 or Q2FY23 based on data available Q1-3FY22, with huge implications for underlying quarterly cash flows as seen in Q3FY22.

    Business performance so far looks really good on paper and a crazy low EV. I am onboard as of today.

    https://hotcopper.com.au/data/attachments/4535/4535484-27fef47536ed13dd859f88f322a18c9d.jpg
 
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