IRI 1.90% 53.5¢ integrated research limited

Profit UP 20% on a Already Good Equivalent Prior Period, page-4

  1. 2,959 Posts.
    lightbulb Created with Sketch. 21

    Hasn’t the management team been previously accused of pulling the wool over shareholder eye by not reporting for the pcp. My fundamental assets of performance is poor as well as my grammar skills.

    Revenue is expected to be in the range of $49.0 million to $50.5 million, representing 7% to 11% of growth over the equivalent prior period. Profit after tax for the half is expected to be in the range of $11.1 million to $11.7 million compared to $9.3 million, representing 19% to 26% growth.

    Is the following written sentence aimed at clouding the profit  position as it avoids mentioning the pcp.


    Profit after tax for the half is expected to be in the range of $11.1 million to $11.7 million compared to $9.3 million, representing 19% to 26% growth.

    This is the stunt that management have been accused of doing previously. Not comparing apple's with apple's!

    Can anyone who knows how to read financial statements confirm that profit is being compared to pcp.


    Radicool Views


 
watchlist Created with Sketch. Add IRI (ASX) to my watchlist
(20min delay)
Last
53.5¢
Change
0.010(1.90%)
Mkt cap ! $104.7M
Open High Low Value Volume
51.5¢ 53.5¢ 51.5¢ $49.40K 94.33K

Buyers (Bids)

No. Vol. Price($)
1 29514 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 7540 2
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
IRI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.