Post by
heiworm392HFF on Dec 09, 2022 10:47am
JRV Forecast breakeven date moved up
JRV Forecast breakeven date moved forward into this year (2022) with forecasted profits of expected of US$979.4.
Earnings Growth of 66% required to achieve this.
Three analysis covering Jervois Global previously expected break even to be in 2023, but have modified there estimates.
Comment by
Buyreallow on Dec 12, 2022 8:12am
Something very wrong with this message. SMP and ICO are both not yet producing revenue, and Jervois Group revenue for YTD 2022 at end of Q3 was $US 280.9 million and we are expecting EBITDA for 2022 of $979.4 million US? How is this going to happen?
Comment by
heiworm392HFF on Dec 12, 2022 8:58am
Agreed. It came across my news feed in a brief 6 line news note. It surprised me. Howevet, you're right. I think a news article like the following better describes our break even outlook, which is 2023, not this year which makes no sense. https://finance.yahoo.com/news/jervois-global-limited-asx-jrv-001423814.html
Comment by
Zackra on Dec 12, 2022 10:32pm
This post has been removed in accordance with Community Policy