External broker reports(aggregated public sources), Taylor Collison

Taylor Collison

Taylor Collison is a leading financial services firm, providing advice & wealth creation strategies to private & institutional investors and corporate clients throughout Australia. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>We believe the recent sell off in ADA following its 1H24 results, presents an opportunity for investors.</li><li>Whilst we acknowledge the financial results for the period were below expectations, the strategic contract wins announced by ADA will be cash generative and enable dividends to recommence in FY25.</li><li>Recently signed multiple 5-year contracts, with high quality government or quasi-government entities</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We believe the recent sell off in ADA following its 1H24 results, presents an opportunity for investors.Whilst we acknowledge the financial results for the period were below expectations, the strategic contract wins announced by ADA will be cash generative and enable dividends to recommence in FY25.Recently signed multiple 5-year contracts, with high quality government or quasi-government entitiesContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Adacel Technologies Limited (ADA) - 1H24 – Results Disappoint but Its All About FY25