This comparable EBIT or underlying ebit is unaudited, pre-AASB16, pre-IFRIC SaaS-related adjustments, and with normalisations.
What's the normalisations I wonder?
Ah well. Top line will be 2% higher and bottom line will be 15.4% higher than last years $39m npat.
Based on bottom line being $45m ish.
This is calculated using $51m ebit (comparable) which is the mid point of todays guidance and then using last years NPAT/EBIT ratio of ~88%.
I.e. ebit $51m* 0.88= $44.88m npat
I reckon $51m ebit will end up as NPAT about $34m/$35m .... last year $39m
Need to take lease interest (I) and Tax (T) off the EBIT
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by Rawz
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