record profit, page-3

From Buy Sell Signals

FAVOURABLE CHANGES
Total revenue up 54.5% to $A53.9m ($US57.4m)
A track record of profits in 4 of the last 5 years
Net tangible assets per share up 16.7% to $A0.07 (US7.0c)
Total revenue to total assets up 34.9% to 2.6.

UNFAVOURABLE CHANGES
Net profit slumps 48.7% to $A2.5m ($US2.6m)
EPS slumps 50.0% to 1.0 Australian cents (US1.07c)
Interest cover down 71.2% to 17.2
EBIT Margin down 26.8% to 7.1%
Total liabilities to EBITDA up 1.7% to 1.8. While this
compares favourably with the Joseph Piotroski benchmark
of <5, the trend is unfavourable
Total liabilities to operating cash flow ratio of 4.2 compares
unfavourably with the Joseph Piotroski benchmark of <4, it
had deteriorated by 42.9% from the previous year.
Current ratio down 66.7% to 0.1
EBIT to total assets down 0.3% to 18.4%.