This is an excellent result by any measurement with
- EPS of $0.3171 is above brokers mean forecast of $0.309
- Total ARR Growth of 23% and ARR target of $500m is brough forward by a full year
- Profit Before Tax Growth of 16%
- EBITDA Margin of 42%
- Net revenue retention (NRR) of 119%
- Continue to double in size every 5 years
What is there not to like in the results? And the share price drops by 2.07% - has Mr Market got it wrong again?
Using a two-stage DCF model, one analyst hadwhich is before the result.
Ann: TNE FY23 Results Presentation, page-14
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Last
$18.23 |
Change
-0.040(0.22%) |
Mkt cap ! $5.942B | |||
| Open | High | Low | Value | Volume |
| $18.18 | $18.30 | $18.13 | $1.612M | 88.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 887 | $18.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.23 | 353 | 9 |
View Market Depth
| Last trade - 10.54am 14/06/2024 (20 minute delay) ? |
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Last
$18.24 |
Change
-0.040 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $18.16 | $18.28 | $18.14 | 10876 | ||
| Last updated 11.12am 14/06/2024 ? | |||||
| TNE (ASX) Chart |