COGS was too high FY22 at AU$550m.
Revenue is still decent despite a decent fall in FY23 to about AU$440m
FY24 will have approx $60m costs taken out but needs to go deeper and get it to $400m COGS
I am quietly confident FY24 will be better than FY23 on the proviso revenue stabilises and records revenue in the $450-500m range with $400-450m COGS.
Guidance will tell us how the company is tracking from this trough.
Top 10 A.I predictions and breakthroughs for 2024, page-31
Add APX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 47.0¢ | $852.2K | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 208388 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 60955 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
47.8¢ |
Change
-0.015 ( 4.39 %) |
||||
| Open | High | Low | Volume | ||
| 49.0¢ | 49.0¢ | 46.5¢ | 578461 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| APX (ASX) Chart |