Company Report
Last edited 4 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#49
Performance (70m)
4.7% pa
Followed by
165
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#Bull Case
stale
Added 5 years ago

'=

This is certainly not a sector for everyone however for those interested I suggest you read their March 19 update which IMO is pretty impressive.

Revenue growth for 2019 is approximately 100% over 2018

Current orders of $670 million are already sufficient to further grow revenue in 2020 by 40% to $0.25
billion

Further strong growth in 2021 is expected

Profitability on revenue is improving as capacity is utilised and process improves

$50 million in cash with no need to raise funds unless outlook improves beyond these forecasts

Pipeline has grown to exceed $4 billion with over $2 billion in submitted tenders and $2 billion in
current preparation

Growth underpinned by market fundamentals, excellent technology and products, and strong
execution