A while back I posted that losses could be as high as $80M - and not just on 1 solar project..
From the reports, the solar farm accounts for $57.0M. However, based on LY numbers/margin, EBIT Margin should be $65.2M (actually, with the volume should be even better with economies of scale).... so where has the rest of the margin gone???
Other projects must not be doing well either. You can't just look at the overall EBITDA loss $4.2M, you have to look at the gap to the expected result.... by my calculations, $80M losses, isn't too far off the mark.
(a) is the expected margin for 2018 based on last years EBIT Margin
Column 1 Column 2 Column 3 Column 4 0 2018 2017 1 Reported Sales 1,998,000,000 1,263,000,000 2 3 Expected EBIT Margin 2018 65,176,247 a 41,200,000 4 [/B] 3.26% 3.26% 5 6 Loss on Solar Farm (57,000,000) b 7 Other losses (12,376,247) c 8 9 Reported EBIT Margin (4,200,000) 41,200,000 10 11 12 Total Other Losses (69,376,247) b+c
- Forums
- ASX - By Stock
- EBIT MARGIN GAP
A while back I posted that losses could be as high as $80M - and...
Featured News
Add RCR (ASX) to my watchlist
|
|||||
Last
7.7¢ |
Change
-0.023(23.0%) |
Mkt cap ! $22.42M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 7.5¢ | $1.230M | 14.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 218820 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 13300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 218820 | 0.079 |
4 | 325641 | 0.078 |
4 | 163246 | 0.077 |
3 | 43150 | 0.076 |
2 | 88267 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 13300 | 1 |
0.077 | 68000 | 2 |
0.078 | 864560 | 3 |
0.079 | 262428 | 5 |
0.080 | 190000 | 2 |
Last trade - 11.28am 29/07/2024 (20 minute delay) ? |
Featured News
RCR (ASX) Chart |