The 4C due in the coming few days will be an interesting read, but I think the market is waiting on EBIT / NPBT numbers which we'll get in next month's FY21 report.
While revenue numbers continue to grow substantially, larger investors may be more cautious given the Q1 NPBT of $800k on $9.8m revenue was tempered by Q2 which saw rev dip to $9.4 and NPBT to $250k. Informed investors understand the reasons behind this, and have been reassured HT8 is still in a significant growth phase as over the last 6 months we've seen sustained (phenomenal) 10%+ QOQ growth, with evidence pointing to maintaining this trajectory.
But we don't yet know how this revenue growth translates to the bottom line.
My NPBT estimate is $2.4m with an exit rate into FY22 of $3m. However I expect FY22 to be exceeded as revenue growth continues and the company takes advantage of margin improvement through scale, particularly in the following areas:
- Cost of Goods (equating to Gross Profit) - greater purchasing power giving access to improved price breaks and more efficient logistics
- Staff costs - HT8 has already demonstrated high proficiency in this area (take a look at staff cost increases vs revenue increase over last 12 months), and expect this to continue
- Financing costs - we will see these decrease over coming 4Cs as debt is fully repaid in part by the latest CR and organically as we're CF+.
Interested in other holders' NPBT expectations.
- Forums
- ASX - By Stock
- New record YTD revenue up 209%
The 4C due in the coming few days will be an interesting read,...
-
- There are more pages in this discussion • 25 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 HT8 (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.290M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 345981 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 506670 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 345981 | 0.011 |
2 | 549306 | 0.010 |
6 | 581000 | 0.009 |
1 | 435000 | 0.008 |
2 | 230000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 506670 | 2 |
0.013 | 1272868 | 5 |
0.015 | 1305000 | 5 |
0.016 | 428000 | 2 |
0.017 | 780001 | 1 |
Last trade - 10.25am 29/08/2024 (20 minute delay) ? |
Featured News
HT8 (ASX) Chart |
Day chart unavailable
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online