NOR norwood systems limited
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Not sure where that 47% increase came from. Comparing the June...

  1. DoubleDown!
    4,563 Posts.
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    01/08/24
    09:53
    Post #: 75019919
    Not sure where that 47% increase came from. Comparing the June 23 and June 24 quarterly I see in increase from $1.082m to $1.302m which is only 20% more. Maybe he meant cash losses for the year? That went from $1.23 up to $1.94 which was up 57%. So that's not it either. Maybe it was "advertising and marketing" (overseas junkets). Hmmmm, can't multiply zero dollars from 2023 by a percentage to get to nearly a $1/4m in 2024.
    Sales receipts from the quarter June 23 compared to June quarter 24? Ah no, they decreased.
    Nope, no idea where the 47% growth comes from.

    https://hotcopper.com.au/data/attachments/6351/6351921-6ecf6f4e1534ffcdea9ea5981f14d7be.jpg

    Last edited by DoubleDown!: 01/08/24
    NOR Price at posting: 4.4¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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