Compared with 2018 full year result of $620,000 profit before and after tax, this full year estimate of $2.5 x .3.5m profit before tax looks good,
But compared with the $1.6m profit before tax and $1.1m after tax of the half year, the 2019 full year appears to be just a doubling of the half year.
That is still good, and definitely wonderful compared with 2018, but I suspect most of the excitement with RFT lies in the exponential roll out of its rectifiers for Tritium and the new products it is about to roll out.
Compared with 2018 full year result of $620,000 profit before...
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