There were a few positives but overall disappointing result IMO.
- Slight beat on 1H21 guidance
- MBS revenue growth much stronger than I expected, 45%, but store count is much lower than the A2 China website suggests, this source can no longer be used as an indicator
- ANZ Fresh milk up 16% which is alot more than usual
- Daigou revenue drop was actually much lower than I expected (40%) but a CBEC decline of similar magnitude (36%) was the biggest surprise. Blew out my estimates.
- USA revenue growth was also lower than I expected but the EBITDA loss significantly reduced which is positive.
- I didn't see anything about capital managment plans which will irk some people
- Overall FY20 revenue at lower end of guidance (so technically no downgrade there) but FY21 EBIDTA margins have been downgraded.
- Forums
- ASX - By Stock
- Earnings day
There were a few positives but overall disappointing result IMO....
-
-
- There are more pages in this discussion • 71 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 A2M (ASX) to my watchlist
|
|||||
Last
$7.16 |
Change
0.020(0.28%) |
Mkt cap ! $5.176B |
Open | High | Low | Value | Volume |
$7.16 | $7.23 | $7.07 | $18.04M | 2.526M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4213 | $7.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.16 | 17242 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4213 | 7.120 |
2 | 16106 | 7.110 |
2 | 10250 | 7.100 |
6 | 16629 | 7.090 |
3 | 7459 | 7.080 |
Price($) | Vol. | No. |
---|---|---|
7.170 | 3000 | 1 |
7.180 | 3180 | 2 |
7.200 | 3208 | 2 |
7.210 | 7202 | 1 |
7.220 | 7202 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online