A short history of the turnaround of Delecta Limited. DLC. Stats starting to look much better than ever before. No wonder TTM was 2300%. Revenue and profits starting to climb and cash on hand will total over a million at the Consolidated Earnings Results for the Year Ended June 30, 2017.
Totally Undervalued Stock! YIKES!
Delecta Limited Key Developments
Delecta Limited reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company reported revenue of AUD 10,162,000 compared to AUD 9,284,000 a year ago. Profit from continuing operations before tax, finance costs and share of associate income was AUD 1,703,000 compared to AUD 111,000 a year ago. Profit from continuing operations before income tax was AUD 1,703,000 compared to AUD 46,000 a year ago. Net profit for the period was AUD 1,703,000 or 0.27 cents per basic and diluted share compared to AUD 46,000 or 0.01 cents per basic and diluted share a year ago. Net cash flows used in operating activities was AUD 159,000 compared to AUD 87,000 a year ago. Payment for purchases of property, plant and equipment was AUD 14,000 compared to AUD 177,000 a year ago.
Delecta Limited, Annual General Meeting, Nov 24, 2016
Oct 19 16 Delecta Limited, Annual General Meeting, Nov 24, 2016, at 09:00 W. Australia Standard Time. Location: 9 Foundry Street, Maylands Perth Western Australia Australia Agenda: To receive and consider the financial report of the company for the year ended 30 June 2016, together with the reports by the directors and auditors thereon; to consider the adoption of remuneration report; to consider the re-election of Mr. Hans-Rudolf Moser; and to consider the other matters.
Delecta Limited Reports Consolidated Earnings Results for the Year Ended June 30, 2016
Oct 19 16 Delecta Limited reported consolidated earnings results for the year ended June 30, 2016. For the year, the company's revenue was AUD 17,273,000 compared with AUD 16,946,000 a year ago. Loss from continuing operations before tax and finance costs was AUD 172,000 compared with AUD 2,041,000 a year ago. Loss from continuing operations before income tax was AUD 172,000 compared with AUD 2,041,000 a year ago. Net loss was AUD 172,000 or 0.03 cents per basic and diluted share compared with AUD 2,041,000 or 0.32 cents per basic and diluted share a year ago. Net cash flows from operating activities were AUD 17,000 compared with net cash used in operating activities of AUD 532,000 a year ago. Payment for purchases of property, plant and equipment was AUD 208,000 compared with AUD 71,000 a year ago