Australia's largest stock trading and investment forum Australia's #1 stock forum

EVS

Click for more information

0.00%

5.2¢ envirosuite limited

Ann: Thames Water update, page-42

First 42 Last

Share
Profile

Follow
Mista_Trix

478 Posts.

17

28/04/17

11:43

Post #: 24326445
Share

Originally posted by Fire Bull ↑

Hi @Matt48

I sold out recently. I think the sale is good news as it makes the company easier to understand and value as well providing much needed cash. The market was attributing no value at all to Envirosuite prior to this announcement and that will change now.

The other key information in the announcement is that Envirosuite generated revenues of $1.7 million last year and made an EBITDA loss of $3.3 million as a standalone business. Generously assuming that no further cost will be incurred, roughly speaking they need to win 55 more sites @$60k to break even at EBITDA level.

Then there is the question of how much software development cost is capitalised. $1.3 million was spent on intangible assets last year and I would imagine most of this also relates to Envirosuite.

All in all I think they are probably still years away from cash-flow break even but it all depends on growth rates. So far, these have not been disclosed.

Expand

Honestly though, what kind of tech stock is measured by their time to break even / profit.

Likely next step is they'll get some interest from funds and get another cash injection, then it's steady as she goes, no need to scrimp and save for profitability yet.

Guttered on your timing.

EVS Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

OD6

Leo Lithium locks in US$116.3M with sale of Goulamina stake to Ganfeng

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 3 more messages in this thread...

First 42 Last

Add EVS (ASX) to my watchlist

(20min delay)
Last 5.2¢		Change 0.000(0.00%)		Mkt cap ! $99.87M

Open	High	Low	Value	Volume
5.2¢	5.2¢	5.2¢	$11.5K	221.1K

Buyers (Bids)

No.	Vol.	Price($)
3	237953	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	16793	3

View Market Depth

No.	Vol.	Price($)
2	31009	0.160
1	74247	0.155
10	742532	0.150
7	544595	0.145
4	319049	0.140

Price($)	Vol.	No.
0.165	126720	2
0.170	625000	3
0.175	120000	1
0.180	68832	2
0.185	140908	2

Last trade - 10.02am 27/11/2024 (20 minute delay)

EVS (ASX) Chart