ESK 0.00% 19.5¢ etherstack plc

Ann: Full Year 2016 results show significant growth, page-2

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  1. 1,090 Posts.
    lightbulb Created with Sketch. 25
    Interesting. Revenue grew from $1.5m to $4.5m half on half, plus a positive statutory NPAT of $370k by my calculations based on the $2m loss in the 1H.

    On a cash basis result is strong, best bit is we may see the cash strength flow through to the headline numbers as the amortisation charge is wound down (only $5m left).

    Only problem is no liquidity at all. On the watchlist though, this was a good result.
 
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