Record revenue and profit
Very strong demand from mining and industrial customers
Strong demand for capital equipment products, currently at record order levels
Launch of new product line: xrTGA thermogravimetric analyser
Continued R&D investment in new products across all divisions
Outlook: We expect the December 2023 quarter to be a positive period, with a focus on machine lead times, xrTGA sales, new product developments and international sales growth
Return (inc div) 1yr: 22.99% 3yr: 52.81% pa 5yr: 48.26% pa
Market Cap; $132M
*limited analyst coverage along with low trading liquidity holds XRF back. Reduction in mining industry generally
- Summary: August 2023 Investor Presentation
3 x Segments Below:
Return (inc div) 1yr: 98.03% 3yr: 67.98% pa 5yr: 52.85% pa
Competitive Advantages: Large sample carousel with 30 positions for greater throughput Higher maximum temperature range up to 1100°C Highly automated and user-friendly interface Fast heating and cooling cycle times Fully integrated PC without the need for an external unit
Had a mighty run -up Return (inc div) 1yr: 104.89% 3yr: 72.11% pa 5yr: 53.00% pa
David Brown: Consideration $60,180
Securities b) 3,059,163 Securities held after the change b) 3,110,163
Good 1yr Price trend here
Sales of capital equipment products have been robust at $3.9m compared to $2.8m in the PCP. The demand is being driven globally by both the mining and industrial sectors. Geographical growth is adding to revenue, and certain markets have been reactivated post COVID‐19 impacts. For some core products our order book remains at record levels, with production now being scheduled into the December 2023 quarter. We are working to reduce our lead times through the addition of new labour and inventory resources.
- Summary:Summary: March 2023 Quarterly Trading Report
- Price Sensitive: Yes
