Flight Centre [ASX:FLT] Shares Fall 5% on FY22 Results
Flight Centre Travel Group [ASX:FLT] released its FY22 results on Thursday, with FLT shares falling 5%.
Flight Centre Travel Group [ASX:FLT] released its FY22 results on Thursday, with FLT shares falling 5%.
Lithium producer Allkem [ASX:AKE] saw its FY22 revenue increase more than 800% to US$770 million as former Galaxy Resources assets were incorporated following the merge with Orocobre, which gave rise to Allkem.
BNPL stock Zip Co [ASX:Z1P] saw FY22 net loss balloon to more than $1 billion as the fintech talks up cash burn reduction and profitability pathway.
Logistics software business WiseTech Global [ASX:WTC] released its FY22 results, revealing profits rose 80%, with CargoWise revenue up 37% and total revenue up 26%.
Artificial intelligence tech developer BrainChip Holdings [ASX:BRN] released its 1H22 results on Wednesday.
Online retailer Kogan [ASX:KGN] declares a ‘shifting focus to operational efficiency’ and ends FY22 with a net loss of $35.5 million after tax.
Lithium producer Pilbara Minerals [ASX:PLS] posted an inaugural full-year profit of $561.8 million on revenue of $1.2 billion.
And as company after company lines up to release its accounts, investors are confronted with the perennial question — profit or cash? More specifically, when analysing a firm’s performance, what’s more important as a metric — a firm’s reported profit or its cash flows?
Fintech stock EML Payments [ASX:EML] has announced a share buyback program and narrowing losses as it released its FY22 results.
Nearmap has entered an implementation deed to be acquired by Thoma Bravo via a scheme of arrangement whereby NEA shareholders will be entitled to receive $2.10 per share.
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