This looks like a poor update .... 1) Lack of operating leverage in the business ie ref FY18 forecast for Patient fee growth of 10-15% and only EBITDA growth of +10%, 2) Fees retained by dentists (difference between Patient Fees & Reported revenues) appear to being squeezed, falling from 38.4% in Fy14 to FY17F of ~37.5% ... this can't be sustainable in a professional services business can it?? and 3) Patient fees/centre have fallen each year from ~$2.8m in FY13 to the company's own expectation for FY17F of $1.97m and lower again in FY18F.
- Forums
- ASX - By Stock
- Ann: Trading Update Announcement and Presentation
This looks like a poor update .... 1) Lack of operating leverage...
-
- There are more pages in this discussion • 14 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 PSQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $303.2M |
Open | High | Low | Value | Volume |
$1.90 | $1.91 | $1.90 | $263.9K | 138.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.91 | 110168 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 1.895 |
1 | 65241 | 1.890 |
3 | 110600 | 1.880 |
1 | 9657 | 1.875 |
2 | 27740 | 1.870 |
Price($) | Vol. | No. |
---|---|---|
1.905 | 110168 | 1 |
1.910 | 385 | 1 |
1.935 | 1021 | 1 |
2.000 | 787 | 1 |
2.340 | 12000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
PSQ (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online