It was another busy day of results releases on Monday and a number appear to have flown under the radar of investors.
Three results that are worth knowing about are summarised below:
Monash IVF Group Ltd (ASX: MVF)
This fertility treatment company's shares rose 4% on Monday after it released its half year result. Monash IVF posted a 0.3% increase in revenue to $77.2 million, a 7% decline in underlying EBITDA to $19.3 million, and a 11.3% fall in underlying net profit after tax to $10.7 million.
While this was a very disappointing result, it was ahead of the guidance provided at its annual general meeting. In addition to this, management's guidance for the second half appears to have gone down well with the market. It expects second half net profit after tax growth of greater that 15%, leading to moderate underlying full year profit growth.
oOh!Media Ltd (ASX: OML)
This media company's shares fell 8.5% yesterday after its full year results fell short of the market's expectations. For the 12 months ended December 31, oOh!Media posted a 27% increase in revenue to $482.6 million. However, due largely to one-off acquisition costs, net profit after tax fell 4% to $31.6 million.
One positive, though, is that management appears confident that the company is well-positioned for growth in FY 2019. It has provided underlying EBITDA guidance in the range of $152 million to $162 million. This represents year on year growth of 35% to 44%.
RPMGlobal Holdings Ltd (ASX: RUL)
The shares of this mining software company, formerly known as Rungepincockminarco Limited, edged higher on Monday following the release of a mixed half year result. In the first half of FY 2019 RPMGlobal delivered a solid 11.7% increase in revenue to $36.9 million, but posted a $1.7 million loss after tax. The main driver of its top line growth was its software revenue which rose 17% to $23.1 million.
Pleasingly, management is confident that the second half will be strong. It said: "With commodity prices expected to remain strong, the Company's Board and Management feel confident that the group will deliver a strong second half of this financial year across all revenue lines"
