Originally posted by prosperity
Are you expecting sales momentum from H2 FY18. If so, the result is not as bad as first thought.
Maybe we could be as high as:
$162m revenue
$69m gross profit (based on 42.5% GP margin)
$65m gross profit (assuming a further $4m provision and an overall $10m stock write off)
$37m EBITDA (assumes similar expenses to H2)
$26m NPAT
If this was achieved expect a major spike come 27 Feb. This would show increasing normalised NPAT for 3 quarters straight.
My expectation is:
$153m sales
$60m GP
$51m GP after stock writeoff
$22m EBITDA
$15m PAT and $6 hit on Wed.
DYOR