XRF Scientific (XRF)

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XRF announces record half‐year resultXRF Scientific Ltd (“XRF” or “The Company”) today announced its results for the December 2022 half‐year:

Key Highlights
Sales Revenue up 46% to $27.1m from $18.5m
 Profit Before Tax up 43% to $5.3m from $3.7m
 Net Profit After Tax* up 34% to $3.7m from $2.8
 Record quarterly Profit Before Tax of $2.9m in December Q2

*In FY23 our Australian income tax rate has increased to 30% (FY22: 25%) due to the expectation that ourgroup revenue will exceed $50m for FY23.
References to profit above are net of profit attributable to non‐controlling interests.

[percy]

XRF announces record half‐year resultXRF Scientific Ltd (“XRF” or “The Company”) today announced its results for the December 2022 half‐year:

Key Highlights
Sales Revenue up 46% to $27.1m from $18.5m
 Profit Before Tax up 43% to $5.3m from $3.7m
 Net Profit After Tax* up 34% to $3.7m from $2.8
 Record quarterly Profit Before Tax of $2.9m in December Q2

*In FY23 our Australian income tax rate has increased to 30% (FY22: 25%) due to the expectation that ourgroup revenue will exceed $50m for FY23.
References to profit above are net of profit attributable to non‐controlling interests.

Another cracker result with a positive outlook.
Here is today's presentation.
https://cdn-api.markitdigital.com/ap...df02a206a39ff4

[percy]

Currently trading at $1.11.
Whoops $1.14...lol
A strong run up since their half year result in February.

[bull....]

Currently trading at $1.11.
A strong run up since their half year result in February.

good announcement today

https://cloud.weblink.com.au/smallca...ticleID=359972

[percy]

good announcement today

https://cloud.weblink.com.au/smallca...ticleID=359972

Thanks for posting as I had not seen it.
Incredible...

[Rawz]

I missed selling at over $1.40,but got $1.305 0n 22nd May.
Paid under 40 cents a few years ago,and enjoyed increasing my holding via DRP.
The funds were recycled into 2cc [nzx] at under 25 cents...

Incredible!!!! Well done

[Sideshow Bob]

https://thebull.com.au/18-share-tips...4+October+2023

XRF makes equipment and chemicals used in preparing samples for analysis for the mining industry. It delivered a strong fiscal year 2023 result. The company reported sales revenue of $55.2 million, up 38 per cent on the prior corresponding period. Net profit after tax grew 26 per cent to $7.7 million.
Management has indicated that orders for capital equipment products are at record levels. The company has a strong balance sheet and should be able to capitalise on opportunities as they arise.

[Sideshow Bob]

https://www.marketindex.com.au/news/...+26+April+2024

Overview of XRF