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| Subject: Gross margin. | |
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Author: 30/6/2001 to 31/6/2002 was negative at minus (19.44%) |
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Date Posted: 11:08:35 01/12/03 Sun Gross margin. 30/6/2001 to 31/6/2002 was negative at minus (19.44%) rounded. If you do it without depreciation amortisation and tax it still works out as negative much better though at (5.4%) Figures used on that are (52866 and 14,708) The Group states that it hopes to be ebitda cash positive I see them achieving that, as the management states depreciation and amotisation is hampering profitability, the underlying result will be fine based on the cost savings that have occurred post June 30 2002 earlier posted. With some things depending on which contracts are finalised and what projects are launched the revenue earn't will be matched out with the relevant portion of depreciating equipment used to produce the goods or service. 10 to 12 contracts are imminent ASX announcement 28/11 Phase2 San Francisco decision expected soon Sydney (thse particular 2 realte to the MOT settlement made in 2001. [ Next Thread | Previous Thread | Next Message | Previous Message ] |