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22/01/19

20:08

Post #: 37191644
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Originally posted by afterlife: ↑

EXTRACT from the last Presentation

XTEK is about to deliver high-margin and high-growth proprietary products to global markets supported by a profitable underlying business

• Large and growing defence markets
• Proprietary products target local and export markets
• Government is mandating significant Australian industry content
• Profitable underlying business with growth
• Commercialisation of high-margin proprietary products underpinned by production capabilities
• Strong operational performance and financial position allows growth by acquisition
• Favourable financial outlook driven by ~A$38m of contracted revenue, no debt and cash in hand

Revenue growth = FROM FY16 Aud 3.4m. To. FY17 Aud 9.0m. To FY18 Aud 17.3m To
FY19 Contracted Aud 20m Estimates up to Aud 26.0m ( big growth in revenue )

Cash in hand 5.9m ..... Market cap 18.6m ..... EV = 18.6M -5.9M= 12.7M
FY18 Cash flow positive from the operation to the tune of 1.5m.

As slow as things seem to happen from the sideline, there are few growth areas cooking in the pot.

Hopefully, all will translate into diversity of income in a larger portfolio of homemade products exported overseas and with the Aus dollar at a low level, this will boost profits in the future.

Time will reveal all.

Meanwhile, growth in revenue year on year and expansion in product offerings is very encouraging for me.

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For me the standout figure is a market cap of a mere $19 million. Boy is this company going for a ridiculously cheap price or what? Thanks to the weekend Australia for mentioning it otherwise I might never have come across this little gem.

XTE Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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