Xrf Scientific Limited · ASX:XRF
Xrf Scientific — Shareholder Meeting (November 2017)
5 slides from Xrf Scientific's shareholder meeting presentation, Nov 17, 2017
Slide 1: 2017 AGM CEO Presentation
2017 AGM CEO Presentation 2017 Annual General Meeting, 17 November 2017, Perth: Good morning ladies and gentlemen, I’m pleased to report to you our financial results. For FY17, $21.5m in revenue was generated, which resulted in a statutory net profit after tax of $0.8m. Underlying profits before tax
Slide 2: Consumables Division and Scancia update
2017 AGM CEO Presentation In the first of our Divisions, Consumables, we recorded a profit before tax of $1.74m. The result was slightly down on last year’s results due to the impact of lithium prices on production costs. Although we are still seeing some increases in lithium prices, they are much m
Slide 3: Capital Equipment Division
2017 AGM CEO Presentation In FY17 the Capital Equipment Division generated a profit before tax of $70k, which was down on the prior year result of $170k. During the year we launched the new xrFuse 1 electric fusion machine, as well as an updated version of the xrWeigh flux weighing system. A slower
Slide 4: Precious Metals Division
2017 AGM CEO Presentation As a result of the significant expansion activities underway, the Precious Metals Division recorded a loss before tax of $575k, vs a profit of $551k in the prior year. We incurred costs for relocation of the Melbourne factory, the start‐up loss of the new Germany office and
Slide 5: FY18 outlook
2017 AGM CEO Presentation As you can see from the results for the year to date, we are expecting FY18 to be significantly better than FY17. The outlook for the short to medium term looks positive, and will continue to be enhanced by developing revenue from the precious metals expansion. We look forw