Having a closer look at the financials after the post excitement phase
Technology division performed slightly worse in Q2 compared to Q1 (after adjusting for the one off gains in Q1 which are very important to subtract out, as they are obviously not going to be repeated). However overall revenue is higher in Q2 than Q1. Important to note that the result is an estimate and gives the minimum Q2 revenue, so we can be assured Q2 performed better than Q1 which means we should see a fundamental re-rate based on this AND I hypothesis we should see a re-rate primarily due to the overall YoY revenue growth.
Furthermore the mid-year report in February is therefore the next fundamental endpoint. The next major fundamental endpoint is the Sale of the Services division in June AND Aura IQ and new FFT product lines in general.
Given the big YoY half year result I find the current valuation makes no sense, especially from a sales multiple perspective.
- Forums
- Charts
- AVA chart
Having a closer look at the financials after the post excitement...
-
-
- There are more pages in this discussion • 440 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVA (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.39M |
Open | High | Low | Value | Volume |
10.5¢ | 10.8¢ | 10.5¢ | $42.86K | 407.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 169171 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 169171 | 0.105 |
16 | 503128 | 0.100 |
2 | 20204 | 0.098 |
3 | 15150 | 0.095 |
1 | 14000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 150000 | 1 |
0.115 | 86794 | 3 |
0.120 | 14609 | 1 |
0.130 | 134616 | 3 |
0.135 | 330160 | 5 |
Last trade - 12.58pm 20/08/2024 (20 minute delay) ? |
Featured News
AVA (ASX) Chart |