CXZ connexion mobility ltd

4.00%

2.6¢

it is a profitable company there is no argument. The question is...

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Startingagain

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24/01/23

14:46

Post #: 65854288
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Originally posted by T.E.P.: ↑

Seems to be trending really well and continuing to chalk up all-time highs in gross profit. I'm happy with this. Running at annualised $3.6m USD in gross profit, which equates to $5.11m AUD GP. They have $2.5m USD in net cash and investments ($3.55m AUD). That's an EV/GP ratio of 1.2x [($9.9m AUD mc - $3.55m AUD cash) / $5.11m AUD GP].

"The Company recognised total revenue during the Quarter of $1,125k, which included a 6-Quarter high of $1,017k of SaaS Revenue. This led to an unaudited Gross Profit of $891k for the Quarter – the highest in Connexion’s history".

"From a financial perspective, we will continue targeting growth in Gross Profit combined with a neutral bottom line. To date, the current Management and Board have successfully demonstrated a disciplined approach to the management of Shareholder capital, and this will continue as the Company invests for growth."

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it is a profitable company there is no argument.

The question is whether they can grow those profits to an extent to which a shareholder can get a return on investment.

CXZ Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.6¢		Change 0.001(4.00%)		Mkt cap ! $20.90M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.6¢	$178	6.846K

Buyers (Bids)

No.	Vol.	Price($)
4	1967940	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.6¢	354771	4

View Market Depth

No.	Vol.	Price($)
4	1967940	0.025
5	1571000	0.024
1	21000	0.023
4	6068000	0.022
2	94890	0.021

Price($)	Vol.	No.
0.026	354771	4
0.027	337550	3
0.028	1184655	3
0.029	460000	3
0.033	90000	1

Last trade - 15.59pm 02/07/2025 (20 minute delay)

CXZ (ASX) Chart

it is a profitable company there is no argument. The question is...

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it is a profitable company there is no argument. The question is...

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