I used the standard 10% when calculating the economic profit for Novogen Limited. I searched through the firm’s financial reports to see if they stated this figure anywhere and was unable to find it. Novogen’s economic profit figures are largely negative figures. I feel that this is due to the firm conducting research and clinical … Continue reading Step 8 – Economic Profit →

My nominated company Novogen Limited (Kazia Therapeutics) is an interesting one. As they are a research and development company, they don’t have any of the typical sales revenue of other companies and their comprehensive income is constantly in deficit. The first hurdle I came across was finding the issued shares in their financial reports. Thanks … Continue reading Step 8 – Ratio Analysis →