Company Report
Last edited 3 years ago
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Performance (36m)
0.4% pa
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2
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#Bull Case
stale
Added 3 years ago

Atomos provides digital imaging creation tools for video professionals

trade rationale:

1. very rough comparison pre-COVID where share price reached 1.5 versus current level at ~1

2. in Feb the company posted strongest half year result in company history with sales, EBITDA, margin all well exceed market expectation

3. pre-COVID sales in FY20 1H 32.6m, then post COVID dropped to 11.8m in 2H versus current period at 32.8m

4. pre-COVID EBITDA in FY20 -7.1m versus current 1H FY21 EBITDA 3m

5. management upbeat on company outlook and look for potential M&A opportunities

 if the turnaround continues, share price will at least get back to previous level