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- 27 June 2010
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DTI Group Limited (DTI) provides advanced surveillance systems, solutions, and services to the global mass transit industry.
http://www.dti.com.au
http://www.dti.com.au
- Joined
- 19 February 2016
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On a microcap binge this week. These guys looked interesting, surveillance on public transit seems pretty important these days but not sure how what they offer is any better than anyone else's offering.
FY21 also had:
+$334,000 in reversals of a write-down from FY20 (Don't like that)
+$486,000 in job keeper payments (Don't like that)
+$135,000 in payroll tax relief (Where was my tax relief last year?)
+$75,000 in R&D tax credit
So take out those items and as far as I'm concerned FY21 was loss making as well - although not as bad as the past few years. Q1 was +8,000 in operating cashflow from 4,100,000 in revenue. So they might be inching towards being financially viable, but still need capital raisings. Not interested.
FY21 also had:
+$334,000 in reversals of a write-down from FY20 (Don't like that)
+$486,000 in job keeper payments (Don't like that)
+$135,000 in payroll tax relief (Where was my tax relief last year?)
+$75,000 in R&D tax credit
So take out those items and as far as I'm concerned FY21 was loss making as well - although not as bad as the past few years. Q1 was +8,000 in operating cashflow from 4,100,000 in revenue. So they might be inching towards being financially viable, but still need capital raisings. Not interested.
