SKF seems to be doing everything right.
FY18 Key Highlights
Financial highlights:
• First positive EBITDA at $0.067 million
• Operating revenue growth of 92% to $6.17m, when compared
to FY2017 revenues of $3.2 million
• Recurring revenue growth of 68% to $3.4m
• Recurring revenues of $1 million+ per quarter and continuing to
build
• +4,500 venues now deployed across our global footprint of
customers
• Annualised reduction of $1 million in operating expenditure
when compared to FY2017
• 254% reduction in net cashburn year on year to an average of
$130,000 per month in FY2018 from $330,000 per month in
FY2017
Very few tech companies have been growing revenues but at the same time reducing staff costs. Its annual employee expenses drop to $3m from $4m last year and share based expenses just $200+k which is very reasonable. Unlike for e.g YOJ which reported close to $6m loss on less than $500k revenue but expended $600k rewarding its Exec Director on share based remuneration.
Find companies that work for shareholders , not the other way around (which seems to be the case with a number of tech companies )
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
| 0 |
COVERAGE DATE |
STOCKS |
PRICE ON COVERAGE DATE |
PRICE @MIDDAY |
GAIN% |
| 1 |
29/8 |
SVA |
$ 0.037 |
$ 0.036 |
-2.7% |
| 2 |
20/8 |
NGI |
$ 5.810 |
$ 5.780 |
-0.5% |
| 3 |
8/8 |
SFC |
$ 15.050 |
$ 17.060 |
13.4% |
| 4 |
6/8 |
CGL |
$ 7.080 |
$ 7.600 |
7.3% |
| 5 |
31/7 |
MYE |
$ 1.180 |
$ 1.280 |
8.5% |
| 6 |
30/7 |
MP1 |
$ 4.370 |
$ 4.085 |
-6.5% |
| 7 |
26/7 |
SKF |
$ 0.150 |
$ 0.185 |
23.3% |
| 8 |
24/7 |
ZEN |
$ 1.060 |
$ 0.885 |
-16.5% |
| 9 |
23/7 |
CXL |
$ 0.630 |
$ 0.835 |
32.5% |
| 10 |
17/7 |
COE |
$ 0.445 |
$ 0.452 |
1.6% |
| 11 |
13/7 |
SHL |
$ 26.500 |
$ 26.210 |
-1.1% |
| 12 |
29/6 |
BYE |
$ 0.340 |
$ 0.290 |
-14.7% |
| 13 |
28/6 |
ATC |
$ 0.195 |
$ 0.157 |
-19.5% |
| 14 |
18/6 |
A2M |
$ 10.780 |
$ 11.580 |
7.4% |
| 15 |
18/6 |
CGC |
$ 8.750 |
$ 7.280 |
-16.8% |
| 16 |
14/6 |
NZK |
$ 2.240 |
$ 2.550 |
13.8% |
| 17 |
4/6 |
BUB |
$ 0.830 |
$ 0.705 |
-15.1% |
| 18 |
15/5 |
SW1 |
$ 0.410 |
$ 0.355 |
-13.4% |
| 19 |
14/5 |
RHC |
$ 65.420 |
$ 55.360 |
-15.4% |
| 20 |
9/5 |
FYI |
$ 0.145 |
$ 0.084 |
-42.1% |
| 21 |
3/5 |
4DS |
$ 0.057 |
$ 0.120 |
110.5% |
| 22 |
2/5 |
PME |
$ 8.150 |
$ 10.390 |
27.5% |
| 23 |
1/5 |
TTT |
$ 1.540 |
$ 2.110 |
37.0% |
| 24 |
30/4 |
CTD |
$ 24.880 |
$ 32.720 |
31.5% |
| 25 |
18/4 |
CLV |
$ 1.030 |
$ 1.595 |
54.9% |
| 26 |
18/4 |
VIV |
$ 0.054 |
$ 0.047 |
-13.0% |
| 27 |
11/4 |
APX |
$ 8.820 |
$ 15.200 |
72.3% |
| 28 |
11/4 |
BHP |
$ 29.440 |
$ 33.370 |
13.3% |
| 29 |
11/4 |
PPS |
$ 0.595 |
$ 1.080 |
81.5% |
| 30 |
11/4 |
PTB |
$ 0.545 |
$ 0.640 |
17.4% |
| 31 |
Return @ |
11.81% |
assuming @ $1k even per stock |
|
|
