TNT 0.00% 13.0¢ tesserent limited

Ann: Secures refinancing with CBA, page-33

  1. 6,688 Posts.
    lightbulb Created with Sketch. 2507
    I'm wondering if the EBITDA they are saying will double, is the "operational EBITDA" that they like to use, or EBITDAC, or whatever.
    Their accounting seems a little confusing. The net cash flow on each 4C always looks to be wafer thin, with the "staff costs" and "production/operating" costs more or less matched to receipts income.

    All IMHO, DYOR
 
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