Below is the last 7 halves of revs, cfo and pbt (orange). GM fell from 79-81% to 64.5% in the last half but the reporting of this has not been too clear, so could be wrong. revenues continue to climb quickly but the other lines are going the wrong way. some discussion that these will turn around next half. In the meantime this stock may continue to be an exaggerated function of the markets movements.
Has $79m in cash, but has had little problem raising $$.
Discl not held would like to see some turnaround in those bottom lines.
planning to do a few of these during results season, if you find any errors please tell me :)