RE:CFO per CC-No inc and Neg. EPS guided for next two years? Should be interesting to see how the market reacts to the continued MGT guided losses / negative EPS.
Might by the stock depending on the results.
Per CC... Michael Freeman
We've noticed from ‘22 to ‘23 is the shift from sort of positive to negative EPS. And I wonder if you provide sort of a rough outlook for 2024 in respect to earnings?
Hardik Mehta
Couple of one-time items back in 2022. The biggest one was related to forgiveness of the government grants that companies like us received through covid. In terms of 2023 the factors against us, is certainly the higher interest rate, is depressing the margins. But as far as going into future, I would say we would be, we would be either neutral or slightly negative, and most of that will be continued, will attributed towards higher depreciation, amortization and interest expenses that is expected at least in the next two years.