I am sure everyone here understands that quarterly results are...

I am sure everyone here understands that quarterly results are not profit, depending on the position in a project quarterlies will be great then poor depending on payment terms and pre purchases for the job, but if quarterlies are continually positive or close too then there will be profit in the project, the last invoice payment is usually profit and materials that has already been paid for. Variations are the key, labour markets will ease within months, and people will be heading to WA for work opportunities. the company has been prudent in raising money it will need for upfront purchases so the cream from these jobs will be seen later in the projects, either way the market is based on potential, this has it in spades.