Net profit or loss for the half? I'm thinking a small loss, due to "abnormal" items.
Apart from that I expect net receivables to be slightly lower but we know the cash at bank result was healthy so no biggy.
Elephant in the room will be cost of finance with the re-finance and interest cost due to the companies aggressive short term funding, however this will be the highest cost half by far. Also expect 1H17 marketing expense and staff costs as a % of sales to peak (based on current operations).
Should see substantial balance sheet improvement from here out especially if last quarters momentum is sustained as management expects/hopes.
Otherwise I don't expect any adverse surprises. Still like the stock going forward.
CM8 Price at posting:
11.0¢ Sentiment: None Disclosure: Held
