The trading update today gave a revised forecast for FY22 of $80m-$90m revenue and 6%-8% EBITDA. Subtracting H1 revenue ($40.9m) gives an updated forecast for H2 revenue of $39m-$49m. H1 EBITDA was 7.82%, so forecast H2 EBITDA is should still be 6%-8%. It looks like ATOMOS are today forecasting that their H2 numbers will be similar to H1, perhaps the revenue increasing slightly for H2 (by up to 20%). EBITDA % will be essentially unchanged. The forecast H1 and H2 ratios are actually not so different to previous years.
Obviously, the market is disappointed not to have H1+H2 at $95m+ and 10-15% EBITDA as per previous advice. That would have meant an FY22 EBITDA of ~$12m rather than ~$6.5m. But it looks like an overreaction that the market cap has been halved today, with a loss of ~$65m to the company valuation.
All IMHO, DYOR
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $25.47M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $1.835K | 83.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 147809 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.2¢ | 635878 | 6 |
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No. | Vol. | Price($) |
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3 | 147809 | 0.021 |
13 | 1250998 | 0.020 |
7 | 1050855 | 0.019 |
6 | 1863157 | 0.018 |
6 | 574396 | 0.017 |
Price($) | Vol. | No. |
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0.022 | 635878 | 6 |
0.023 | 335674 | 5 |
0.024 | 640076 | 5 |
0.025 | 523379 | 2 |
0.026 | 205564 | 5 |
Last trade - 09.59am 22/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 10.17am 22/05/2024 ? |
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