EMM 0.00% 0.7¢ electrometals technologies limited

first ever profit for emm

  1. 2,993 Posts.
    lightbulb Created with Sketch. 123
    Hey Watso,

    EMM announced after market close an increase in rev by 47%, 1/2 on 1/2, and a first ever profit. Okay already, profit was only $1/4m, but you know what they say in the movies ,a profit is a profit, is a profit.

    Rev for 1/2 of $2.765m. Work on hand for current half of $1.3m AND July annx of new order for For $4m +.

    Royalties from De Nora's Asian subsidiaries starting to kick in (although De Nora's itself slow), AND as more plants start coming on line will see added income from spare parts.

    Expecting bigger profit this half.

    All in all looks good for the future
 
watchlist Created with Sketch. Add EMM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.