The following is from Chairman's address at 2002 Annual General Meeting.
· Revenue from ordinary activities of $251.9 million, up 81% on last year;
· EBITDA of $35.0 million, up 21%;
· Net operating cash flows of $26.4 million, up 108%;
· The increased amortisation of goodwill; acquisition integration costs; and organic expansion costs have resulted in a 12% decline of net profit after tax to $10.2 million;
· However, before goodwill amortisation, our net profit after tax rose by 30% to $18.9 million.
As of 30 June 2002, the company had cash holdings of $57.8 million and a low bank debt/equity ratio of 17%. In these times of pressure and slowing growth, we intend to be extremely conservative with our debt management.
The directors declared a fully franked final dividend of 0.42 cents per share. With the interim dividend of 0.25 cents per share that brings full year dividend to 0.67 cents per share.
I am watching, too. The price seems to be consolidating around 22c
Regards, thomasina
- Forums
- ASX - By Stock
- outlook
The following is from Chairman's address at 2002 Annual General...
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online