PNV 0.45% $2.23 polynovo limited

Apologise, my memory failed me a little re Macquarie's latest...

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    Apologise, my memory failed me a little re Macquarie's latest numbers.

    I was blurring their FY25 and FY26 forecasts, but the trend and principle still stands.

    While MAQ see FY26 EBIT close to $50 million, for FY25 they only have revenue at $136 million, and EBIT at only $23 million.

    But even on those numbers, we are now a cash beast.

    Lesson to self- always check source documents, but I was a little exasperated!
 
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