Here is the 2019 Annual Report. Have highlighted some key metrics for comparison to the Qtr 1 Report. Remember this is 12months of 2019 and just 3 months of 2024
2019 Profit was $1.6 mill - 2024 Q1 unaudited profit $10.5 mill(€6.4)
2019 Cash & cash equivalent $17.7 mill - 2024 C & C equivalent Q1 $19 mill(€11.8mill)
2019 Total Assets Increased by $107 mill($92 mill merchant funds held) - 2024 Q1 increase of $27mill(€16.5 mill) with merchant funds held at $226 mill(€137 mill).
There are plenty more comparisons that can be made to show just how much bigger and better ISX FEU is over 2019 when the company reached a valuation of close to $2 Billion just before the short attack kicked off.
With a couple of quarters data to come, anything like this growth should put a very high number on the IPO which although will not compensate holders for 3 lost years, should finally give us a just reward and do significant damage to those who have paid individuals to paint a patently false narrative these last 4.5 yrs.
No wonder the ASX wanted to kill this company off. While it is a festering stagnant cash cow ISX has the ability to grow exponentially on many fronts and return to the aussie market and back NSX to finally disrupt the ASX. if a change in the political environment finally brings competition ISX would come with a far superior position of strength and be untouchable as a foreign entity funding the NSX. This would probably be a few yrs down the track but must be worrying to the ASX when they see this type of growth and success. 10,000 holders will be cheering if it ever does happen.
