Take a while to grow ? FY19 - $11 mil, FY20 - $17mil and H1FY21 - $12 mil. Extrapolating Same rate of growth on track to make $20 mil plus in FY21. I consider this as pretty good growth. Now with IPO funds, this will be turbo charged .
BWX’s underlying profit for H1FY21 in approximately $4.4 mil. BWX trading at $621 million mcap
You need to look at underlying profit as statutory profit includes one off $5.8 mil income from sale of a business.
EZZ - NPAT for H1FY21 is $1.2 million . Using similar multiples to BWX - it should trade much higher .
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- IPO - EZZ Life Science Holdings Limited - 26 February 2021 #
Take a while to grow ? FY19 - $11 mil, FY20 - $17mil and H1FY21...
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