Announcement out today with FY. Great rope line numbers.. expected revenue for FY 1700 to 1750m ( over 30% increase in revenue) and an EBITDA ratio of 31 to 32%. The only thing I dont like is the number of times they have said there is a lot of uncertainly. They also didnt give numbers for what the Q3 figures were. The optimist in me says that the numbers for Q3 are very high and they dont want to release those because the analysts might overshoot in their FY numbers. Overall great announcement as expected but the announcement placed a huge focus on the uncertainty to really dampen expectations for the remainder of this year and also talked about deferral of costs that would impact the EBITDA ratio for next FY.
Let's see how the market reacts.
FY gyidance
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