ASX:LYLConstruction
Lycopodium (ASX:LYL) Shares Rally As Margins Tighten Despite Growth
Lycopodium entered this result with its stock already on a strong run, up about 69% over the past three months and at A$21.35 by Wednesday’s close. Expectations were high. The headline from the earnings print is simple: the company delivered record full year revenue of A$377.5m and net profit after tax of A$40.2m, with profit margins around 10.6%, backed by a strong cash balance of A$106.2m and minimal debt.
Is Lycopodium at A$21.35 trading at a genuine discount to its cash flow potential, or...

