Quote Originally Posted by trader_jackson View Post
https://www.nzx.com/announcements/383045

Well I thought the results were pretty good... NPAT probably about $16m this year (a very rough estimate by me, probably a bit conservative).
If it is about 16m NPAT for FY22, this will mark the 3rd year in a row AFT has roughly doubled NPAT [$3.1m in 2020, $7.9m in 2021, $16m in 2022?]
Can they double it again in FY23? Quite possibly - and if so, the FY23 PE is just 15 (with a current market cap of $497m)... FY22 PE is 31x, an arguably conservative multiple in this market for a company growing very nicely indeed.
Thanks for your post trader jackson.I always enjoy them.
I too thought it was a good result,with a very positive out look.