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3.85%

2.7¢ zoono group limited

tax losses are offset against tax payable so in your post profit...

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Humrunner

196 Posts.

35

14/05/20

19:14

Post #: 44626515
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Originally posted by Kristian333: ↑

Hi,

The calculations are quite good P/E going forward.

The below are only some assumptions and getting some idea from where we are with ZNO (This is no advice).

I calculated a P/E for the current financial year of about 16. Assuming the revenue for the current quarter is $36,000,000 (Gross margin 60% = $21 Mil + $3Mil (for the previous 3 quarters). Using the accumulated tax losses of $8,000,000 leaves $16Mil taxable.

16Mil * 28% = 4.5Mil = 11.5 after tax + 8Mil = around $20Mil / 168 shares = 11cents +

If revenues are higher for May and June the figures look even better.

So technical chart analysis, future P/E and current P/E are all looking promising.

I can imagine an uplift in share price to a P/E of 24 or 25 by early July when the incoming revenue figures are delivered.

Thanks

K

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tax losses are offset against tax payable so in your post profit of $24m would have tax at 28% of approximately $6.7m under the tax offset of $8.8m So after tax profit in your modelling of $24m Same as there is no EBIT for ZNO as there is no interest or tax

ZNO Price at posting: $1.79 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 2.7¢		Change 0.001(3.85%)		Mkt cap ! $9.536M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.7¢	$447	15.97K

Buyers (Bids)

No.	Vol.	Price($)
1	24136	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	88809	3

View Market Depth

No.	Vol.	Price($)
1	24136	0.027
1	90000	0.026
3	238500	0.025
5	440117	0.024
1	70000	0.023

Price($)	Vol.	No.
0.028	88809	3
0.029	65000	1
0.030	30000	1
0.031	69295	1
0.032	17859	1

Last trade - 15.59pm 09/07/2024 (20 minute delay)

ZNO (ASX) Chart