Company Report
Last edited 8 months ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#71
Performance (16m)
-22.1% pa
Followed by
7
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#Financials
stale
Last edited 8 months ago

I am a little surprised Mr Market didn't go harder than a 10% drop based on some pretty average results. How a company can keep a straight face and use a metric like EBITDA for an operation that is so reliant on P,P&E is beyond me (they literally don't have a product without the planes) but they tried. I am guessing they wouldn't hire the person who attempted to write; Flat revenue (only saved by government data set sale at the death), costs escalation outstripping any pricing power, Net Loss of $4.2m which is 7x worse than the prior year.

I don't own but have previously, think i might be on the sidelines for a little longer