I would like to open a discussion on the comparisons to XTE on the ASX. EOS and DRO are the most obvious.
Both trade at many multiples of XTE.
DRO trade 3 X larger: has no debt and $42m cash from a recent cap raise but also still runs at a loss and being tech, very tight margins. Revenues are growing at around the same rate but the pipeline is about 1/2 the size.
EOS trades 3.5X larger: has issues with debt facilities and debt burden but revenues are currently larger. Management appear to be getting the house in order but alot of work yet to be done.
By comparison, XTE runs at a profit. Built up inventory in anticipation of large incoming orders ( about to be announced ) Stream lined operations, won long term technology deals ( 10 yrs ) and is valued at 1/3 of the competition due to Regal selling out.
Thoughts ?!?!
Ann: XTEK Limited Investor Update of 16 Oct 2023, page-15
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $12.83M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $27.45K | 222.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4996 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 5680 | 1 |
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| Last trade - 15.37pm 05/07/2024 (20 minute delay) ? |
| HCL (ASX) Chart |