Still A $155 million Market Cap?

  1. 32 Posts.
    lightbulb Created with Sketch. 6
    Hi all.

    Just appraising finance sector, looking at income statement here.

    Recent half year had total income of almost $57 million, up about 3.5 mill from the year before.

    Total operating expenses were up more than $16 million from prior year, before taking into account the increasing net interest expense, leading to an enlarged loss, year on year.

    Total Assets are about $160 million, about matched by total liabilities at about $160 million.

    Anyone have any accounting views on going concern status?
 
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