Projecting Novatti's Q4 FY24. Comments welcome. Cheers Anton. PS. DYOR.
**Q3 FY24 Revenue**: $12.4 million (record high, +16% QoQ)
Given the consistent growth in revenue over the past three quarters and the strategic initiatives in place, let's project a continued growth rate. Assuming a similar 16% growth rate for Q4 FY24:
Expenses
**Q3 FY24 Expenses Breakdown**:
- Total Q3 FY24 Expenses: $7.1 million
**Additional Cost Reduction**:
- $4 million annual cost reduction program, effective from Q4 FY24
- Quarterly impact of cost reduction:
\[ \text{Quarterly Impact of Cost Reduction} = \frac{4 \, \text{million}}{4} = 1 \, \text{million} \]
**Adjusted Expenses for Q4 FY24**:
\[ \text{Projected Total Expenses for Q4 FY24} = 7.1 \, \text{million} - 1 \, \text{million} = 6.1 \, \text{million} \]
Gross Profit Margin Calculation
To calculate the gross profit margin, we need to determine the cost of goods sold (COGS). Using the data provided:
- **Receipts from customers (Q3 FY24)**: $23.506 million (for the first 9 months)
- **Product manufacturing and operating costs**: $20.612 million (for the first 9 months)
Assuming the same growth rate for COGS as revenue (16% increase QoQ):
- Q3 COGS: $20.612 million / 9 months = $2.29 million per month
- Total Q3 COGS: $2.29 million \times 3 months = $6.87 million
Now, to calculate Q4 COGS:
- Assuming a similar growth rate:
\[ \text{Q4 COGS} = 6.87 \, \text{million} \times 1.16 = 7.9692 \, \text{million} \]
Gross Profit for Q4 FY24
\[ \text{Gross Profit for Q4 FY24} = \text{Projected Revenue} - \text{Q4 COGS} \]
\[ \text{Gross Profit for Q4 FY24} = 14.384 \, \text{million} - 7.9692 \, \text{million} = 6.4148 \, \text{million} \]
Net Position
Using the projected gross profit and adjusted expenses, we can estimate the net position for Q4 FY24:
\[ \text{Estimated Net Surplus for Q4 FY24} = \text{Gross Profit} - \text{Projected Expenses} \]
\[ \text{Estimated Net Surplus for Q4 FY24} = 6.4148 \, \text{million} - 6.1 \, \text{million} = 0.3148 \, \text{million} \]
Summary
Based on the projections:
- **Projected Revenue for Q4 FY24**: $14.384 million
- **Gross Profit for Q4 FY24**: $6.4148 million
- **Projected Expenses for Q4 FY24**: $6.1 million
- **Estimated Net Surplus for Q4 FY24**: $0.3148 million
These projections suggest that Novatti could achieve a modest net surplus in Q4 FY24, reflecting the impact of increased revenue and substantial cost reductions from the implemented cost-saving measures.
Just my workings with a little chatgpt help. Show me your workings… and/or pull the above apart.
For more detailed financial data and official reports, you can refer to Novatti’s quarterly updates and announcements on their [website](https://www.novatti.com).
- Forums
- ASX - By Stock
- News: NOV Novatti Group Posts A$12.4M Quarterly Revenue
Projecting Novatti's Q4 FY24. Comments welcome. Cheers Anton....
-
- There are more pages in this discussion • 1 more message 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 NOV (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.003(7.89%) |
Mkt cap ! $14.58M |
Open | High | Low | Value | Volume |
3.9¢ | 4.1¢ | 3.9¢ | $5.7K | 143.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24799 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 74239 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.038 |
2 | 57437 | 0.037 |
1 | 100000 | 0.036 |
2 | 424799 | 0.035 |
1 | 29411 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 74239 | 2 |
0.042 | 15919 | 1 |
0.044 | 25000 | 1 |
0.045 | 25000 | 1 |
0.047 | 48826 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
NOV (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online