The loss in FY20 is higher mainly because the money raised year through convertible notes is classified as an expense ($1.1 mil). Another cost that has gone up is the "Other Expenses" which makes up of IPO costs and development of Funch Baby products ($990K). All these costs are ONE OFF. If you strip these out this circa $2mil then overall, the position is pretty healthy. So FY21 - these costs wont be there and as management alluded to in the roadshow, they spent some money increasing capacity at the processing facility so they can now grow revenue to $10 mil without additional costs. Overall operating loss only $500-$600k Not $2.5 mil.
costs.
- Forums
- ASX - By Stock
- IPO FFF
The loss in FY20 is higher mainly because the money raised year...
- There are more pages in this discussion • 197 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 FFF (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.002(15.4%) |
Mkt cap ! $3.408M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $3.65K | 256.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 273226 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 15 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 273226 | 0.013 |
3 | 910333 | 0.012 |
1 | 318000 | 0.011 |
6 | 1431064 | 0.010 |
1 | 100000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 15 | 1 |
0.018 | 700000 | 1 |
0.019 | 159999 | 1 |
0.020 | 497620 | 1 |
0.021 | 418275 | 4 |
Last trade - 15.05pm 23/04/2024 (20 minute delay) ? |
Featured News
FFF (ASX) Chart |