Revenue is growing nicely, with operating leverage shown in modest growth in staff costs and flat lease costs.
However, other "product manufacturing costs and operating costs" have risen from $3.98m in the prior quarter to $8.3m in Q1 2023.
As a result, cashflow from operations has fallen from $9m to $7.6m.
I'm surprised management felt the need to justify a mere 300K capex but made no comment on a $4.3m increase in opex.
I'm newly interested in this company, having been involved in international education in NZ for some time. Can anyone explain this - would it be related to setting up new operations in Queensland?
Thanks!
DH
Ann: Quarterly cash flow report for Q1 FY23, page-5
-
- There are more pages in this discussion • 3 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 NXD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.25M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 339052 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 224435 | 1 |
View Market Depth
| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| NXD (ASX) Chart |
Day chart unavailable