The problem with looking back is that it disregards ongoing changes in costs and income.
That was the reason that some posters were unable to foresee the significantly more positive result just returned for Q4FY23. Just read back through the threads to see how far some posters were "out" in their predictions. Too much rear view stuff I'd say.
They missed the fact that Spectur had significantly reduced ongoing costs through a number of changes to structures, technology and other steps. eg - The significant drop in data costs due to tech changes
Looking back will also miss the fact that the addition of 3CT, which in itself was CFP, will boost income on its own on top of cost cutting due to synergies.
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The problem with looking back is that it disregards ongoing...
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