When Growth Numbers Don't Add Up
Three ASX-listed companies reported impressive revenue growth last quarter, but their customer acquisition costs tripled. We break down what that means for sustainability.
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Financial Analysis That Actually Makes Sense
No jargon overload. No confusing predictions. Just practical insights about understanding company fundamentals and making informed decisions in Australian markets.
Reading Between the Balance Sheet Lines
Most people think fundamental analysis is about memorizing ratios and formulas. But here's what I've learned after years of reviewing financial statements—it's really about asking better questions.
When you look at a company's annual report, the numbers tell you what happened. The footnotes tell you why. And sometimes, what's missing from those footnotes matters more than what's there.
Take cash flow statements. Everyone focuses on net income, but actual cash movement shows you whether a business can pay its bills next month. I've seen profitable companies on paper struggle because their cash was tied up in inventory nobody wanted.
Recent Insights from Our Analysis
We dig into Australian companies, market trends, and financial reporting patterns that actually affect your investment decisions.
Debt Ratios in the Current Climate
Interest rates changed everything in 2024. Here's how we're reassessing what "healthy debt levels" means for different sectors in 2025.
Read analysisSpotting Red Flags in Quarterly Reports
Management commentary shifted tone between Q3 and Q4 for several retail companies. Small wording changes that might signal bigger issues ahead.
Read analysisPerspectives from Our Team
Real experiences analyzing Australian markets and helping clients understand what numbers actually mean.
Bjorn Lindgren
Senior Analyst
I spent the first half of my career chasing the "perfect" valuation model. Turns out, no model works without understanding the business context first. Now I spend more time reading company updates and less time tweaking spreadsheet formulas.
Raffaele Esposito
Market Researcher
The hardest part of fundamental analysis isn't finding data—it's knowing which data matters. I've learned that sometimes the most valuable insight comes from noticing what competitors are doing differently in their reporting.