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Bullboard - Stock Discussion Forum ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five... see more

TSX:DRX - Post Discussion

ADF Group Inc > amazing results!!
View:
Post by microcaphobby on Sep 12, 2024 7:27am

amazing results!!

And they would have been even better if not  for the 35 million delay in revenue which will show  up in the 3rd q.
Comment by microcaphobby on Sep 12, 2024 7:55am
one correction to my post: the 35 mill may not be recognized until next year. just a timing issue.
Comment by Daudau11 on Sep 12, 2024 9:07am
Microcaphobby, so from my rough calculations they blew pass your $0.55 eps if they had the delayed $35m revenue is that correct?  
Comment by fdfd12 on Sep 12, 2024 9:21am
They were supposed to do .39 but did .51 without the 35M. The margins are the star here. With this much increased margins, this is way undervalued.
Comment by Sinister on Sep 12, 2024 9:38am
Yet shareHolders are leaving the boat. I wonder how much this will go down.
Comment by Daudau11 on Sep 12, 2024 9:42am
yea this is crazy lol down like 20% at the low so far
Comment by microcaphobby on Sep 12, 2024 9:24am
correct..if they had the 35 mill they would have made over 70 cents a share.
Comment by Possibleidiot01 on Sep 12, 2024 9:31am
Glad to see the clarication. Deferred revenue is NOT LOST revenue
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