Rakon Ltd (NZSE:RAK)

NZ$ 0.63 0 (0%) Market Cap: 144.78 Mil Enterprise Value: 143.41 Mil PE Ratio: 0 PB Ratio: 0.96 GF Score: 57/100

Full Year 2020 Rakon Ltd Earnings Call Transcript

Jun 28, 2020 / 11:00PM GMT

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Rakon's Financial Year 2020 Results and Business Update. (Operator Instructions) Please note, this conference is being recorded today on Monday, the 29th of June 2020.

I would now like to hand the conference over to your speakers today, Brent Robinson, CEO and Managing Director; and Anand Rambhai, Chief Financial Officer. Thank you, and please go ahead.

Anand Rambhai

Rakon Limited - CFO

Good morning, and welcome to our full year presentation. My name is Anand Rambhai, and I'll run you through the financial results for the year ended 31 March 2020, and then pass you over to Brent, who will take you through the key achievements for the period and provide a market update.

If we move through to Slide #3. So with the snapshot compared to last year, revenue was up. And net profit was up NZD 0.6 million -- sorry, revenue was up NZD 5 million. Net profit after tax was up NZD 0.6 million. Reported EBITDA was up NZD 1.5 million, and operating cash flow was NZD 7.4 million for the year.

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