Logistec released today on March 22nd the 2022 year end results, here are the updated numbers and charts. Updated on March 24th 2023 at 2AM ! after reviewing the 2022 annual report and the conf.call
Re. FY21 non recurring costs vs FY22 - if I understand correctly from FY22 through FY27 they're required to pay down $10m of principal annually on their 2027 notes, which may have negated a bunch of the non-recurrence of last years costs although I'm sure you probably picked that out? I haven't yet looked closely enough to confirm - I'd presume the the $10m was spread evenly across quarters rather than a lump-sum at year end.
Great write ups, thanks!
Re. FY21 non recurring costs vs FY22 - if I understand correctly from FY22 through FY27 they're required to pay down $10m of principal annually on their 2027 notes, which may have negated a bunch of the non-recurrence of last years costs although I'm sure you probably picked that out? I haven't yet looked closely enough to confirm - I'd presume the the $10m was spread evenly across quarters rather than a lump-sum at year end.
Thanks again for the write ups - very intriguing.