Golden boy Rob Fyfe joined Board in 2014 ….some 10 years ago
MHJ revenues back then about $500m ….now about $680m … up about 35% in 10 years not too bad eh
NPAT back then was $25m … since then from 2015 NPAT has been 28m, 21m, 34m, 5m, 17m, 3m, 49m, 52m, 38m and this year maybe 10m at best . Somewhat ironic boom years were pandemic years 2021 and 2022
Otherwise you’d have to say that during the time that Rob has had a say in things profit trends have been nothing tonwrite home about ….or haven’t gone to what the hype over the years has suggested
Maybe Rob wasn’t the golden boy after all …. the Halo Effect is an interesting study