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  5. DE: Results look good to me. [Decisive Dividend Corporation]
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Q: Results look good to me. Your comments. Thank you
Asked by Bruce on November 07, 2023
5i Research Answer:

Sales rose 45% to $37.7M and were slightly ahead of estimates; sales were a record for the company. EBITDA was $7.9M, up 97% and nicely ahead of estimates ($6.6M). EPS of 14c beat estimates of 12c. Payout ratio (9 months) 55%. All divisions did well, with finished products leading sales gains. Debt has increased, but remains within the company's expected range vs EBITDA. Things look fine at DE.