BLT - Blis Technologies

[MarineSalvage]

no dramatic growth

Here you go..

Attachment 11804

[sb9]

Here you go..

Attachment 11804

I'm out for now....sold remainder of my holdings.

[pg0220]

I'm out for now....sold remainder of my holdings.

I pulled my buy order too... Hopefully I can have a chance to buy at a lower price, but will never know which way it will move to from now!

[tango]

This is a company that has a product I really believe in but has repeatedly failed to deliver. They have become more professional and organised in recent years but they are a lot better at the technical/product side of things than the marketing and management.

I will hang in there for now...

[Not The Chosen One]

Is this a disappointing result for some? Interested to see what people's expectations of today were

Performance Overview.
I am pleased to report that 2020 saw Blis continue to deliver against the objectiveof producing sustainable profitable growth.
Our revenues were up 29% for the year, providing a 33% CAGR over the last 5years and our EBITDA of $2.1m was up 130% on last year.


Sorry, left off the below for the quarter**

Unaudited results for the quarter ending 30 June 2020

Total revenue for the quarter $ 2.9m (Q1 FY21). ($2.7m for Q1 FY20)
EBITDA surplus $ 0.4m ($0.5m for Q1 FY20)

[ejk64]

No dramatic growth and no plans for dividend. Didn't know what I expected.

[keenkiwiflyer]

We all knew the 2020 results. The key for many was the Q1 results which were rather flat.

The question remains though, how does the impact of Covid affect this number? Should it be increasing demand? Or do people purchase less with more people being made redundant etc.

Personally, I find the Amazon and TMall (China) aspect VERY interesting. Alibaba/China offer a massive opportunity.

[whatsup]

Is this a disappointing result for some? Interested to see what people's expectations of today were

Performance Overview.
I am pleased to report that 2020 saw Blis continue to deliver against the objectiveof producing sustainable profitable growth.
Our revenues were up 29% for the year, providing a 33% CAGR over the last 5years and our EBITDA of $2.1m was up 130% on last year.

Corona virus effect, like a lot of companies BLT had a loss on momentum during the qr, I expect a pick up last qr of the year, until then IMO there are greener pastures out there , ie PEB.

[MarineSalvage]

I've sold 80% but will keep an eye on them

[sb9]

Was expecting a double digit growth for the quarter of at least 25-30%, instead they've grown in single digits. Hopefully they can pick up growth soon, until then happy to watch from sidelines.