NWT 0.00% 11.5¢ newsat limited

Looking ahead, page-9

  1. 2,645 Posts.
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    Looking only just ahead, the financial results are due out this week. The loss is expected to be in the vicinity of $6mill as previously projected.

    Anyone think they will stick to this?
    First half results were almost all negative
    Revenue down 19%
    Gross margin down 24%
    EBITDA profit down 142%
    Negative operating cash flow of $1.6 million

    This year we won't have the $10mill revaluation in to US$ of cash and cash and equivalents just to start with. While we understand that and take it in to account will the market look further than skin deep [most don't bother] to see why we had what will be a dreadful year anyway?

    Last year the SP stayed up on the good news and even the half yearly report which wasn't flash didn't see the SP fall away.

    The full year results will show the effect of lost contracts as well. Hopefully the revenue base hasn't fallen too far. SP in a precarious situation as it is.

    Only days left. Hope not too much shock involved
 
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