The drop in last half year, was mentioned in the half year report, due to the pandemic.
The company managed well, costs were also down, the net profit after tax was actually up 20% despite the revenue was down 20%.
Just days ago, Managing director and co-founder Joe OIiver told The Motley Fool that the business has already been turning a profit for 5 years.
“Our forecast is for net profit to match or better what we’ve done in financial year 2021.”
That means net profit for 2021 will be at least $2.6m. PE is now just under 20.
Debt free, cash $17m, market cap $52m, EV $35m.
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Mkt cap ! $9.275M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.2¢ | $18.57K | 432.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 75000 | 4.0¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 75000 | 0.040 |
1 | 12788 | 0.039 |
2 | 29000 | 0.032 |
2 | 120000 | 0.030 |
1 | 120069 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 74225 | 2 |
0.046 | 5070 | 1 |
0.048 | 25000 | 1 |
0.049 | 60593 | 1 |
0.050 | 37417 | 4 |
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