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    Adapt-ing to accounting standard issues

    • South Africa
    • Accounting standards, Adapt IT, HEPS, IFRS 16, IT, Software, Trading Statement
    • October 26, 2020

    Adapt IT is a JSE small cap operating in the IT industry. The company is worth around R390m which is unremarkable. The remarkable news is that it was worth only R160m at the end of September. This is the thing with smaller companies on the JSE: they trade sideways for extended periods and experience significant jumps or drops based on …

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    Adapt-ing to accounting standard issues

    • South Africa
    • Accounting standards, Adapt IT, IFRS 16, IT, Software, Trading Statement
    • October 26, 2020

    Adapt IT is a JSE small cap operating in the IT industry. The company is worth around R390m which is unremarkable. The remarkable news is that it was worth only R160m at the end of September. This is the thing with smaller companies on the JSE: they trade sideways for extended periods and experience significant jumps or drops based on …

    View Post

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