RPM 1.32% 7.7¢ rpm automotive group limited

Ann: Trading Halt, page-56

  1. 2,937 Posts.
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    Hello. They have earnout "deferred acquisition payment" debts as shown their reports. FY23 report says deferred acquisition payment liability $4,756,633. Announcements such as 03/07/23 show issue of shares relates to an Earn-Out payment in respect to the acquisition of Safety Dave. For me, I struggled to find info about this in the announcements. I have to confess this is too difficult for me but the impression is it is possible more future shares dilution,

    As for the debt, the interest payments per the P&L and cashflow statement are not too high, which is why RPM is profitable. The FY 23 report says:

    https://hotcopper.com.au/data/attachments/6110/6110324-82c68f1d46701315f2c048e7ee44b95b.jpg

    Last edited by GKeden: 18/04/24
 
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