In today’s briefing:
- Ansarada (AND AU)’s Scheme Is Back On Track
- Pureprofile Ltd – Maiden positive NPAT FY24 EBITDA in line with guidance
Ansarada (AND AU)’s Scheme Is Back On Track
- Datasite’s A$2.50/share, in cash, lifetime-high Offer for virtual room provider Ansarada Group Ltd (AND AU), announced on the 13th Feb, appeared a total slam dunk.
- And for the most part it was, with the Explanatory Doc lodged on the 12th April, and Scheme Meeting initially scheduled for the 14th June. Then the ACCC waded in.
- The ACCC has now signed off. FIRB will follow shortly. The revised Scheme Meeting will be held on the 19 August, with expected implementation on the 6 September.
Pureprofile Ltd – Maiden positive NPAT FY24 EBITDA in line with guidance
- RaaS Research Group has published an update report on data analytics company Pureprofile (ASX:PPL) following the release of its unaudited FY24 results which included a maiden NPAT of $0.1m, a $2.0m turnaround on FY23, and EBITDA of $4.4m, down 4% on the pcp but within the guidance range of $4.1m to $4.4m.
- FY24 EBITDA was ahead of our forecast for $4.3m.
- Revenue for the year was $48.1m, again within the company’s guidance range of $48m to $49.1m, although a little below our forecast for $49.0m.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
