Few worrying signs now that I’ve had the chance to review.
EBITDA adjustments to get to underlying look like they could be recurring, always seem to be redundancies and I assume they will continue to invest in digital. Looks like FY19 was inflated with $800k of back adjustments. New accounting change pumped profit $1m too.
$1m of intangible Capex....not sure why they would have that
$7.5m of impairment....not great either
$22m of debt is now current....
net current assets went backwards
wonder how bank is feeling.
- Forums
- ASX - By Stock
- Ann: RXP Half Year Results Presentation
Few worrying signs now that I’ve had the chance to review....
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online