DTI 8.33% 1.3¢ dti group ltd

Ann: Contract Award - DTI signs 10 year deal, page-6

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  1. 3,756 Posts.
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    Even with $19.5m added to the contracted revenue (over 10 years) it seems unlikely that DTI can dig themselves out of the hole without a CR.

    2016 MC was $37m with $16.2m revenue
    2017 MC was $21m with $15.9 revenue with a negative NPAT of $5.9m
    2018 MC was $13m with $19.1 revenue with a negative NPAT of $11.4m

    Add on the $1.9m of new revenue and assume they lose none of the old and you get around $21m expected for 2019, apply the average net profit margin over 3 years (-22%) and you could assume that the NPAT would be around negative $4.62m which is about equal to the companies cash balance. So the question may be when is a CR coming? With the restructure of the board it seems some may not want to go down with the ship?

    The loss per share last FY was 4.8c, a further loss of this quantity looks like it will see lights out.

    Growing revenue to date has led to a larger loss, can anyone see way this latest increase in revenue will not add to the loss?
 
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