Prelim Final Report:
Select Headline YoY numbers;
- Revenue up 3.22%
- Expenses down 40.91%
- EBITDA up 383.13%
There is also a circa 4,000% change in profit that has been listed as attributable to the owners of DDT, which as a minor minor minor shareholder I can take some credit for?
Putting this claim aside, DDT have again (4 in a row) posted a cash positive quarter. Each quarter appearing to further cement management’s commitment to reduce outgoings.
Though beyond actions taken to date I believe they are reaching the end of the holes that can be plugged and don’t expect further material reductions to come forth.
With the ship somewhat righted updates on future revenue are outlined in broad, broad terms. Late FY22 realisation of revenue if agreements currently in early stage discussions are agreed.
Vague references to the big big money, that is coming super soon i swear, are never great. But, it does go hand in hand with the progress shown by management and cash positive quarters does buy you some faith in my book.
So my question is to those more intelligent than I, at what point does the market start to invest time, money and belief here in a company that runs with 1.2 Billion SOI and a 52 week range of .003 - .011?
For me;
- Realisation of some, any, of these possibly large/possibly new contracts with some revenue in the books late FY22.
- Continued proof of management holding the line on outgoings.
Basic, but surely enough.
Any thoughts, more than welcome.