Well and truly hexed, I’ll have to review the fundamentals again, might be worth a top up
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Bagged my first entry with this one. Re-entry recently with a tight stop loss. Fundamentals look good with me, and great if they actually execute the Aura IQ deals but there's always risk of delays. That said I don't see how Q2 can be a disappointment, since the first half is already significantly better than last year from Q1 alone.
Will need to wait for January for clarity
53 competition entries - still time for the 2021 competition - go ava
Love the unfranked divi of 2c too and the 57% margin!!
Half Yearly Report and Accounts
FFT awarded Multi-base Air Force Contract
Another good update with a strong outlook.
I no longer hold.
AVA FY2021 Trading Update & Outlook
No reason for me to bail from this growth provider atpit.
Over delivering on their forecasts, but not by too much to lessens one’s confidence in future forecasts.
• Group Revenue forecast of $64.8m, above the guidance of $60-64m provided on 12 May 2021
• Group EBITDA forecast of $14.8-15.8m, above the guidance of $13-$15m provided on 12 May 2021
• Group Revenue forecast of $64.8m, up 41% on pcp1 (FY20 $46.1m)
• Group EBITDA forecast of $14.8-15.8m, up 100-114% on pcp (FY20 $7.4m)
• Group EBITDA margin forecast of 23-24% compared to 16% in pcp
• Strong financial position with consolidated net cash forecast of $17.0m and no debt
NB: All figures compare 12 months to 30 June unless otherwise indicated; FY21 forecasts are unaudited and in A$m