CLT Fundamentals
A growth tech stock with a normalised
P/E of around 5.
$16 million market cap with profit before tax of around $1.8 million for the
half year... full year profit likely to be around $3.5 million.
No debt... and
will pay zero tax for several years to come - CLT has over $25 million remaining in tax offsets
So the trading update they released on the 13th Jan stating profit before tax is also likely to be NPAT:
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Profit up 5-fold from previous corresponding period
Quarterly/ Half Yearly to be released by Monday at latest will get many more reads than the trading update.
Amongst other products, CLT sells Wemo - an Internet-of-Thing system for Home Automation
Make coffee in the kitchen, or turn off your bedroom light, from your bed with your iPhone or iPad:
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