Originally Posted by
Balance
Surely it cannot be that difficult for ATM to properly update the market? No wonder the sp is taking a hammering and it's just gone below A$6.00. :eek2:
Compare & contrast :
BUBS update 2 weeks ago :
Bubs Australia’s (BUB) gross revenue for the September quarter has increased 96 per cent year-on-year to $18.5 million.
Bubs’ infant formula segment saw its gross revenue increase 124 per cent and the adult goat milk powder segment’s gross revenue grew 100 per cent year-on-year.
Domestic sales contributed 23 per cent of quarterly sales and declined 13 per cent, due to a discontinued revenue stream from a business-to-business customer.
ATM today :
Sales of English label product in the first quarter of this financial year were lower than the same period last year, but “significantly up” on the fourth quarter, when sales were constrained to reduce inventory that had built up.
While sales of English label product were expected to be down in the first half compared with the same period last year, they were expected to be ahead of expectations.
In contrast, sales of China label product in the first quarter were lower than expected, and expected to be “significantly down” in the first half.'