Historically MYX has some 25% operating margins pre 2017, then it begun its acquisitions.
With acquisitions comes financial leverage and with financial leverage comes deterioration in margins that has fallen from 25.29% (2016) to 13.03%.(2019 estimate)
Having said that though book value pre acquisitions (2016) was 45c after two years, book value is now 84.5c so the company has actually grown substantially since 2016.
Margins are the problem and always are with acquisitions. If we witness good revenue growth it should see better margins. MYX is a very difficult company to compete with on a global scale due to numerous factors.
Historically MYX has some 25% operating margins pre 2017, then...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.31 |
Change
0.210(4.12%) |
Mkt cap ! $393.8M | |||
| Open | High | Low | Value | Volume |
| $5.11 | $5.34 | $5.11 | $919.8K | 174.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1441 | $5.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.33 | 536 | 8 |
View Market Depth
| Last trade - 15.40pm 02/12/2024 (20 minute delay) ? |
| MYX (ASX) Chart |
