BSA releases Q1 FY2024 activities report, trading update, and cash flow statement

Oct 31, 2023

BSA Limited (ASX: BSA) issues Q3 2023 activities report, trading update, and cash flow statement. The report indicates a notable improvement in the company's financial performance in ongoing operations compared to previous periods. The company has achieved consistent margins, emphasizing its dedication to telecommunications and smart energy markets.

Despite a 6% decrease in Q1 revenue to 56.7 million, attributed to timing issues in customer rollouts affecting fixed line services, gross margin and EBITDA margins increased due to a favourable work mix. The company reported an EBITDA of AU$4.4 million, marking an AU$1.9 million increase from the prior comparative period, driven by higher-margin work in Fixed Line platforms. BSA Limited anticipates sustaining similar margins through pricing adjustments and volume forecasts. The company's primary focus remains on the Telecommunications and Energy sectors.

 

 

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