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Subject: 2/6/03 The next report will show further writedowns, but then all the recurring revenue will kick in.


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1998 = Revenue, $147.45M; Result, $13.934M Profit Margin 9.45%
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Date Posted: 1/09/03 10:27:44pm
In reply to: Aug 11 2003 's message, "Confirmation of San Francisco at or around the time of the annual report is just Mr Fogarty's style." on 1/09/03 9:33:35pm

http://www.ozestock.com.au/MessageView.asp?PostID=237453&Symbol=ERG
2/6/03 The next report will show further writedowns, but then all the recurring revenue will kick in.
Profit margins.
http://www.ozestock.com.au/MessageView.asp?PostID=248235&Symbol=ERG
2002 = Revenue, $171.31M; Result, $3.697M
Profit Margin 2.16%

2001 = Revenue, $240.442M; Result, $8.874M
Profit Margin 3.69%

2000 = Revenue, $241.8M; Result, $38.09M
Profit Margin 15.75%

1999 = Revenue, $166.075M; Result, $25.62M
Profit Margin 15.425%

1998 = Revenue, $147.45M; Result, $13.934M
Profit Margin 9.45%

It is very difficult to judge the overall profit margins per ticket system as they are normally installed over an eighteen month period.
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Subject Author Date
Going concern issues which are looked at on an annual basis by a particular accountancy standard are likely to be lifted. This will be a positive on sentiment and fundamentals. 'emphasis of matter'-accordance-Australian Auditing Standard AUS 708.Note# AUS 708 does not apply when a liquidation basis has been used in a preparation of a financial report in a liquidation report standard AUS 802 is used 1/09/03 10:46:40pm


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