Damstra Holdings (ASX: DTC)
Unfortunately for shareholders, Damstra’s stretched balance sheet is overshadowing its high margin annualised recurring revenue.
Damstra shares are trading 13% higher after the company reported record revenue in the fourth quarter of FY 2021.
As we had suspected would happen, project delays have seen Damstra abandon its full year revenue guidance.
Today I appeared on Ausbiz’s The Call to chat about 11 stocks in this order: Accent (AX1) Redbubble (RBL) The Reject Shop (TRS) Reece (REH) Easton Investments (EAS) Damstra (DTC) Class (CL1) Bill Identity (BID) Clinuvel Pharmaceuticals (CUV) IGO (IGO) Aurizon Holdings (AZJ) You can view the show below. The stocks I own were Easton, Damstra … Continued
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The Damstra share price has fallen from $2.30 to $1.69 in recent weeks; but how is the business faring?
The Damstra share price is up over 10% today after the company reported revenue of $22.1m and strong demand for its services due to the pandemic.
The Damstra Technologies (ASX: DTC ) takeover of Vault Intelligence (ASX: VLT) is clearly a positive for the latter company. But what about the former?
Reflections on the volatility and a stream of consciousness rumination on 5 stocks I like now.
The Damstra Holdings Ltd (ASX: DTC) share price continues to languish even though the workforce management company has produced strong financial results.